CC Resolution No. 2029 , ~ ~
~soLUrrrax Na, 2029
, A F~BSQLUIYON OF THM CITY COUNCIL OF TWE CITY OF CU"~'ERTINQ
S~'[TINC TAIC RATES Ft1Tc THE FI5CAL YF•R?R 1970~1971
IdlI.ERFAS~ th~ CiCy Canncil of Che Ctty of Cupa~~ino has adopted
a budget for the fiscsl year ending June 30~ 1971; r,~d
. NHERFAS, it ie neceesnry that a tax r$t~e be esxablielh~d to raise
Che revenue requirsd for Che operac.ion oE said Gudget;
NOi~'~ TH~ItEFORE, I~E IT RESOI,VED:
, Sectian 1. Th~?t the rate of 17.OC p~r $1Q0.00 aeseased valuatioa
ba the
tax rata of the City of CupecCino fc~r the fiecal ye~r 1974-19~~
snd to be applied to Gencx'a]. Fund purposeR.
Seccior ~'t~ 'i'hat Che rare of G.4F p~r $lOq.pO asseoased valuation
' ba ChP tax rece of the City af Cupcrtina far the ~i~G~i y~Ar 1970-1971
and to be appli~d to the redemhtton ar.d interesC exp~nei~ af C1ia Ciey
Hall Bonds.
Sacti.an 3. That the r~ate of 9.6C per $100.Q0 nsse:;sed valur~rion
be Chr~ t~x ra~e of tha GiCy of Cupertino for the fir~aal year ].970-1971 '
end ta be appll~ed ra the redempkion and interest exp~ns~ oF the Park
Aonde.
5ection G. Thut Che City Clerk is instructed to file ~ cerCi~iied
copy of thi.s Resolution wiCh th~ proper County authoritice.
PASSFD A2v'D AUOPTED ~t nn Ad,~ourned regular meeting oE the City
Council of Che City of Cupertina~ Stute af CnliCornia, on the l~kh
day of July, 1970, by the fallowii~g rote;
A'~~S: Courtcilmen Fitzgerald, Frolich~ Gr~ett. Noel, 5Cokes
NOES: Councilm.~n None
A9SENT: Councilmen - None
APPl20VED :
~
Mayor~ ty of Cuperkino
A1'T~5T :
:
Ci
y Cleck ^
, . .