HomeMy WebLinkAboutAgenda Statement 1979/08/21 Item 11 Item No. 11
8/21/79 � CITY OF CHULA VISTA '
COUNCIL AGENDA STATEMEYT ttem No. 11
For meeting of 8/21/19
[TEM 7ITLE Ordinance ���6 Setting the Tax Rate for Fiscal Year 1979-80 .
First Reading and Adoption
SUBMIT7ED BY Director of Finance Gn"'"
ITEM EXPLANATION (4/5TH'S VOTE REQUIRED YES_ NO X )
The attached ordinance provides for a .tax rate of $.034 per hundred of
assessed valuation to meet debt service obligations on the 1970 Police
Facility Bonds for the fiscal year 1919-80.
Proposition 13 does not affect voter approved debt service and therefore
the City Council is required to fix the appropriate rate on or before
September lst of each year.
EXHIBITS
Agreement_ Resolution_ Ordinance x Plat_ Notification List_
Other ENVIRONMENTAL DOCUMENT: Attached_ Submitted on
FINANCIAL IMPACT
N/A
STAFF RECOMMENDATION
Approval .
BOARD/COMMISSION RECOMMENDATION
N/A
COUNCIL ACTION
1 �(��� b:� t'�e City Council of
Chui� Vista, California
Dat�d � �_��
Form A-113 (Rev. 5/77)