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HomeMy WebLinkAbout3264ORDINANCE NO. 3-=; �� AN ORDINANCE of the City Council of the City of Kent, Washington, amending the tax levy for 1996 established pursuant to Ordinance No. 3245. WHEREAS, pursuant to RCW 84.52.070, the City of Kent must, on or before the thirtieth day of November in each year, ,,certify to the county assessor the amount of taxes levied upon property within the City for City purposes, provided that the [county assessor has certified assessed values at least twelve working days before November 30; and WHEREAS, the City is relieved from its statutory obligation to provide its property tax certification if the County fails to meet its deadline; and WHEREAS, the City Council on November 7, 1995, adopted Ordinance No. 3245 establishing the 1996 tax levy which levy includes an amount of $11,522,799.00 for the City's general fund; and WHEREAS, the County had not, at the time of adoption of Ordinance No. 3245, certified assessed values as required by RCW 84.48.130; and Tax Levy WHEREAS, subsequent to adoption of Ordinance No. 3245, the County submitted its property tax certification to the City; and WHEREAS, the County certification contains assessed values lower than anticipated; and WHEREAS, as a result of the County's certification, the City Council desires to make adjustments to the 1996 tax levy amount by $95,242.00 for a total amount of $11,618,041.00; and WHEREAS, pursuant to RCW 84.52.010 and WAC 458-12-365, taxes shall be levied in specific dollar amounts; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: Section 1. Recitals Incorporated. The foregoing recitals are incorporated as if fully set forth herein. Section 2. Levy Amended. The assessed value levied against the property in the City of Kent, Washington, for the City's 1996 municipal tax as adopted in Ordinance No. 3245 is hereby amended by increasing the tax levy for the general fund by $95,242.00 for a total of $11,618,041.00 thereby establishing the following as the levied amounts for the following funds: A. For the General Fund, for the purpose of paying the general expenses of municipal government: 2 Tax Levy Fund Amount General Fund $11,618,041.00 B. For Voted Bond Interest and Redemption Fund, for the purpose of paying debt service in the following amounts for the following funds: Fund Amount Public Safety $ 557,120.00 Senior Housing $ 319,500.00 General Obligation Refunding $ 780,695.00 Section 3. Limitation on Le=. The application of the general fund levy shall be consistent with and not result in a tax revenue in excess of the limitation imposed by RCW 84.55.010. Section 4. Reservation of Rights. Pursuant to RCW 84.52.105, the City reserves its right to adjust its certified property tax assessment at its next regularly scheduled council meeting following receipt of the County's certified assessed values. Section S. Adjustments. Administration shall administer the Annual Budget and in doing so may authorize adjustments pursuant to RCW 35A.33.120. Section 6. Severability. If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such 3 Tax Levy invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this ordinance. Section 7. Effective Date. This ordinance shall take effect and be in force five (5) days from and after the date of 'publication of this ordinance ATTEST: -Gt C L- : '� BRENDA JACOBER, C TY CLERK I i APPROVED AS TO FORM: rROG R A. LUBOVICH, CITY v PASSED I day of 1995. APPROVED day ofC t 1995. PUBLISHED day of C_-, t 1995. 4 Tax Levy I hereby certify that this is a true copy of Ordinance No.� passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. levy.ora (SEAL) BRENDA JACQi�ER, I CITY CLERK 5 Tax Levy