CC Resolution No. 4541 RESOLUTION N0. 4541
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
SETTING TAX RATE FOR THE FISCAL YEAR 1977-1978
WHEREAS, the City Council of the City of Cupertino h'as adopted a~udget
for the fiscal year ending June 30, 1978; and
WHEREAS, it is necessary that a tax rate be established to raise the
revenue required for the operation of said budget;
NOW, THEREFORE, BE IT RESOLVED:
Section l. That the rate of $0.158 per $100.00 assessed valuation be
the tax rate of the City of Cupertino for the fiscal year 1977-1978 and to
be applied to General Fund purposes.
Section 2. That the rate of $0.006 per $1'OO:OO assessed•valu~fion be
the tax rate of the City of Cupertino for the fiscal year 1977-1978 and to
be applied to the redemption and interest expense of the City Hall ~Bonds.
Section 3. That the tax rate of $0.024 per $100.00 assessed valuation
be the tax rate of the City of Cupertino for the fiscal year 1977-1978 and to
be applied to the redemption and interest expense of the Park Bonds.
Section 4. That the City Clerk is instructed to file a certified copy
of this resolution with the proper County authorities.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino. this 16th day of August , 1977, by the following vote:
Vote Members of the City Council
AYES: Meyers, Nellis, 0'Keefe, Frolich
NOES: None
ABSENT: Jackson
ABSTAIN: None
ATTEST: APPROVED:
/s/ Tdm. E. Ryder /s/ Kathy Nellis
City Clerk Mayor, City of Cupertino
Pro Tempore