CC Resolution No. 5324 ~ ~
i
RESOLUTION N0. 5324
A RESOLUTLON OF THE CITT COUNCIL OF THE CITY OF CUPERTINO
SETTING BONDED DEBT TAX RATE FOR TFiE FISCAL YEAR
1980-1981
WNEREAS, [he City Council of the Ci[y of Cupertino has adopted a budget
for the fiscal year ending June 30, 1981; and
WHER~AS, i[ is necessary tliut a tax ra[e be es[ablished to raise the
revenue required for the opera[ion of said budget;
I
tiOW, THERfiFORE, 8E IT RESOLVL•D:
Sec[ion 1. Tha[ the rate of $0.007 per $100.00 assessed valuation be
the tax ra[e of the City of Cupertino for C.~e fiscal year 1980-1981 and to
be applied to the redemption and in[erest expense of the City llall Bonds.
Section 2. That the [ax ra[e of $0.016 per $100.00 assessed valuation
be the tax rate of the City of Capertino for the fiscal year 19H0-1981 and to
be applied to the redemption and in[erest expense of the Park Bonds.
' Section 3. That the Ci[y Clerk is !ns[ructed [o file a certified copp
of this resolucion with the proper County autliorities and to have it published
, in the Cuper[ino Courier.
PASSED AND AllOPTED at a regular meeting of tlie Ciry Council of the Ci[y
of Cupertino this 17ch day of June , 198U by the following vote:
Vote Members of [he City Council
AYCS: Plungy. Sparks, Rogezs
NOES: None
ABSENT: Gat[o
ABSTAIt:: None
APPROVED:
° aJo '
or, City of Cupertin
ATTEST:
__~!;a~~
City C1erkG~~~JC~