HomeMy WebLinkAboutAgenda Statements 1979/ 08/21 item 11 CITY OF CHULA VISTA
COUNCIL AGENDA STATEMENT Item No. 11
For meeting of 8/21/79
ITEM TILE Ordinance/ft Setting the Tax Rate for Fiscal Year 1979-80
First Reading and Adoption
SUBMITTED BY
Director of Finance
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 1979-80.
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 1st 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
it Lie City Council of
Giulia Vista, California
Form A-113 (Rev. 5/77)