HomeMy WebLinkAbout3494Ordinance No. 3494
["Beginning July 1, 1998"]
(Amending or Repealing Ordinances)
Readopting, re-enacting, ratifying and confirming by Ord. 3533
ORDINANCE NO. 3 q 9 q
AN ORDINANCE of the City Council of the City of
Kent, Washington, authorizing a one hundred six percent
(106%) property tax levy limit factor for 2000 to protect the
City's future property tax levy capacity.
WHEREAS, pursuant to RCW 84.55.120 and after providing all appropriate
notice, the City Council held a public hearing on November 16, 1999, to consider the City
of Kent's current expense budget for the 2000 calendar year, and held a separate meeting
on November 23, 1999, at a special City Council meeting to address the City's 2000
property tax levy, revenues and limit factors; and
WHEREAS, upon a finding of a "substantial need" and the vote of
majority plus one of the council, the City can adopt an ordinance protecting its future tax
levy capacity; and
WHEREAS, to best preserve the public health, safety and welfare, to b
protect the City's future property tax levy capacity, to best serve the citizens of Kent by
maintaining an appropriate level of service throughout the City, to appropriately discharge
the City's expected expenses and obligations, and to best serve the citizens of Kent through
a continued commitment to capital improvements throughout the City, a substantial need
exists to protect the City's future property tax levy capacity by authorizing a tax levy limit
factor, pursuant to RCW 84.55.0101, of one hundred six percent (106%); and
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WHEREAS, the purpose of this ordinance is to protect tax levy capacity; it
does not increase property taxes, NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF KENT DOES HEREBY
ORDAIN AS FOLLOWS:
SECTION 1. Findings. The City Council finds that the foregoing recitals
are incorporated as if fully set forth in the body of this ordinance;
SECTION 2. Property Tax Levy Limit Factor Authorized. Based on the
foregoing findings that a substantial need exists to increase the regular property tax levy
limit factor and to best protect the City's future property tax levy capacity, in addition to
the increase resulting from the addition of new construction and improvements to property,
annexations and any increase in the value of state -assessed property and the refund fund
levy, the regular property tax levy limit factor for 2000 is authorized to one hundred six
percent (106%), which would allow a six percent (6%) increase from the previous year's
highest allowable property tax levy.
SECTION 3. Severability. If any section, sentence, clause or phrase of
ordinance should be held to be invalid or unconstitutional by a court of compel
jurisdiction, such invalidity or unconstitutionality shall not affect the validity
constitutionality of any other section, sentence, clause or phrase of this ordinance.
SECTION 4. Effective Date. This ordinance shall take effect and be in
force five (5) days from and after the date of publication of this ordinance.
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ATTEST:
BRENDA JACOB , TY CLERK _
APPROVED AS TO FORM:
1;" ("'
_'t-tk� -ROGER A. LUBOVICH, CITY ATTORNEY
PASSED: a3 day of )2'r�b- , 1999.
APPROVED: day of , 1999.
PUBLISHED: day of , 1999.
I hereby certify that this is a true copy of Ordinance No. 3"q-, passed by
the City Council of the City of Kent, Washington, and approved by the Mayor of the City
of Kent as hereon indicated.
P \Gvd\Ordinance\Ta Ievy limtfactor 2000 Option4 doc
J-- (SEAL)
BRENDA JACOB R, ITY CLERK
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