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BILL NO. 8195 <br /> <br />INTRODUCED BY COUNCILMEMBER ADAMS <br /> <br /> ORDINANCE NO. <br /> <br />5980 <br /> <br />AN ORDINANCE ESTABLISHING FOR THE UNIVERSITY CITY LOOP SPECIAL <br />BUSINESS DISTRICT AN ADDITIONAL TAX ON THE REAL PROPERTY OF THE <br />DISTRICT SOTHAT THE ADDITIONAL TAX ONTHE REAL PROPERTY FOR THE <br />FISCAL YEAR 1994-95 SHALL BE EIGHTY-FIVE CENTS ($.85) PER ONE <br />HUNDRED DOLLARS ($100.00) ASSESSED VALUATION; AND CONTAINING AN <br />5MERGENCY CLAUSE. <br /> <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY <br />CITY, MISSOURI, AS FOLLOWS: <br /> <br /> Section 1. There is hereby levied upon the real property, subject to <br />taxation in the University City Loop Special Business District, an <br />additional tax on the real property of the said District for the fiscal year <br />1994-95 in the amount of eighty-five cents ($.85) per ONE HUNDRED DOLLARS <br />($100.00) assessed valuation. <br /> <br /> Section 2. An emergency is hereby declared to exist in that the tax <br />rate must be set in order for the bills to go out at the appropriate time. <br /> <br /> Section 3. This ordinance shall take effect and be in force from and <br />after its passage as provided by law. <br /> <br />PASSED this 22nd day of AuRust <br /> <br />A~TEST: <br /> <br /> CITY CLERK <br /> <br />CERTIFIED TCF BE CORRECT AS TO FORM: <br /> CITY ATTO Y <br /> <br />, 1994. <br /> <br /> <br />