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HomeMy WebLinkAboutCity Council Meeting - Council - Minutes - 10/30/1972 Kent, Washington October 30 , 1972 SPECIAL meeting of the Kent City Council was called to order at 7 :00 p.m. by Mayor Hogan. Present: Councilmen Baffaro, Elliott, Just, Kitto, Martell , Masters and Thornton, City Administrator Street, City Attorney Mirk, City Engineer Sherwood and Finance Director Winkle 1973 Mayor Hogan noted that the purpose of the special meeting TAX LEVY was to consider the 1973 tax millage, and that it was necessary to notify the King County Assessor ' s Office as to the Council 's action by November 3rd. The City Attorney read Ordinance 1801, fixing the tax levy for 1973 as follows : 8 mills (based on $ 72, 411,500) $1 , 379 , 292 .91 mills (based on $171 ,558,474) 156, 118 TOTAL 8.91 mills $1 , 535 ,410 ELLIOTT MOVED to adopt Ordinance 1801 , Kitto seconded. Upon Martell 's question, Street noted that the differ- ence in the assessed valuation figures was due to the senior citizens ' exemption from excess levies, in effect for the first time this year. Elliott noted that the assessed valuation had increased by approximately 4% and Street pointed out that this amounted to approxi- mately $5Q,000 more than last year, but that Kent' s share in the cost of the revaluation of the City would be $30, 232.90, which the County would deduct from the City's 1973 property tax receipts. Elliott noted that the por- tion of the West Hill in the Federal Way School District had had a sharp increase in taxes due to the revaluation, and concluded therefore that the remainder of the City must have regressed or held at the same level. Street agreed and noted a letter from Jay Steinberg of Cambridge, stating that those in his area who had been revalued were contributing the extra thousands of dollars to the City, while the majority of the homeowners had had no increase in taxes. Street pointed out that Steinberg suggested that a special rate be applied or that credit be given on utility bills, but that this was impossible. Upon Thornton 's question, Street pointed out that changes would show in 1974 for those properties now being revalued. Street noted that the extra .91 mills was possible because the citizens had approved General Obligation Bonds for City Hall, Fire and Library. Motion to approve the ordinance carried unanimously. / Respectfully submitted, '- Isabel Hogan Marie Jensen Mayor City Clerk