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October 10,2001 <br /> COUNCIL BBL NO.01-10-04 <br /> FIRST READING <br /> AN ORDINANCE levying the general taxes for the City of Everett for <br /> fiscal year commencing January 1,2002,on all taxable property,both real <br /> and personal,subject to taxation 1110000n,for the Purpose of raising a <br /> pennon of the revenue to carryon City operations for the ensuing year,as <br /> required by the Charter of the City of Everett and the laws of the State of <br /> Washington. <br /> Councilmemba Overstreet 0uestioned why the 2002 property tax 410020ce calls <br /> fora sero percent increase in the regular levy.Mayor Hansen responded that the <br /> general property tax is limited by statute to 03.60 per thousand of assessed <br /> valuation and the City of Everett has reached that amount. <br /> EXECUTIVE SESSION <br /> The meeting recessed for an executive session,reconvened and adjourned at 9:30 <br /> Ciy Clerkro <br /> III Read and approved as printed. <br /> President <br />