Ordinance 2411-99 - Laserfiche WebLink

WHEREAS,the City of Everett will be required to pay the sum of$110,193 during the year 2000 upon its General Obligation 1982 Housing Authority Bond for payment of principal and interest(Fund 210 Program 239 as refunded under Ordinance 1987-94 passed January 19, 1994, which amount when taken with the 1988 bond fund payment equals $815,386); and WHEREAS,the City of Everett will be required to pay the sum of$705,193 during the year 2000 upon its General Obligation 1988 Senior Housing/Center Bonds for payment of principal and interest (Fund 210, Program 239 as refunded under Ordinance 1987-94 passed January 19, 1994, which amount when taken with the 1982 bond fund payment equals $815,386); NOW THEREFORE,THE CITY COUNCIL OF THE CITY OF EVERETT DOES ORDAIN: Section 1: That there be, and hereby is, levied upon real and personal property in the City of Everett, subject to taxation thereon, a general property tax for municipal purposes for the ensuing year commencing on January 1, 2000, as follows: REGULAR PROPERTY TAX LEVY (including Library Levy Lid Lift) The Everett City Council hereby sets the property tax levy for collection in the year 2000 at$25,868,027 (which includes no increase in dollar amount and no increase in percentage amount over the amount of taxes lawfully levied by the City in 1999), plus any additional dollar amount lawfully available as a result of an increase in assessed value for annexation, new construction, improvements to property, and state-assessed property, plus any amount associated with a refund levy. This levy reflects an amount that includes both the regular property tax levy and a provision for the Library Levy Lid Lift as calculated by the Snohomish County Assessor in accordance with Ch. 84.55 RCW and Ch. 17, laws 1991, 1st Ex. Sess., at $27,685,376, which the Assessor will adjust to conform with the statutory limit of$3.60 per $1,000 of assessed value, which reduces the allowable tax levy for the year 2000 from $27,685,376 to $25,868,027. EMERGENCY MEDICAL SERVICES The Everett City Council hereby authorizes a property tax levy for collection in 2000 at$3,089,792, which includes a $40,734 increase in dollar amount and 1.34 percent over the prior year, plus any additional dollar amount lawfully available as a result of an increase in assessed value for annexation, new construction, improvements to property, and state- assessed property, plus any amount associated with a refund levy.