Ordinance 2550-01 - Laserfiche WebLink

ll WHEREAS,the City of Everett will be required to pay the sum of$650,838 during the year 2002 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 $824,641); NOW, THEREFORE, 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, 2002, as follows: REGULAR PROPERTY TAX LEVY The Everett City Council hereby sets the property tax levy for collection in the year 2002 at$25,586,441 (which includes no increase in dollar amount and no increase in percentage amount over the amount of taxes lawfully levied by the City in 2001), 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. EMERGENCY MEDICAL SERVICES The Everett City Council hereby authorizes a property tax levy for collection in 2002 at $3,553,672 (which includes no increase in dollar amount and no increase in percentage over the amount of taxes lawfully levied by the City in 2001), 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. GENERAL OBLIGATION 1982 HOUSING AUTHORITY BONDS Principal and interest—2002 $173,803 GENERAL OBLIGATION 1988 SENIOR HOUSING/CENTER BONDS Principal and interest—2002 $650,838 Section 2: That the City Clerk be, and hereby is, directed to certify to the County Assessor a copy of this ordinance in order that the same be extended upon the general assessment roll of said County, in the same manner and at the same time that the levy for the State and County taxes is extended.