CC Resolution No. 6628 ~ '
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I R6SOLUTION N0. 6628
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I A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
' SETTING BONDED DEBT TAX RATE FOR THE FISCAL YEAR ~985-86
I WHEREA3~ the City Couneil of the City of Cupertino has adopted a budget for
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~ the fiseal year ending June 30, 1986~ and
I WFIEAEAS, Council previously adopted a resolution setting bonded tax rate
I based on full cash value:
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NOW~ THEREFORE~ HE IT RESOLVED:
I Section 1. That Resolution No. 6358 is reseinded.
i Section 2. That the rate of $0.0020 per $100.00 full cash valuation be the
i tax rate of
the Gity of Cupertino Por the fiscal year 1985-86 and to be applied
~ to the bond redemption and interest expense of the City Hall Bonds.
~ Seotion 3. That the tax rate of $0.0050 per $100.00 full cash valuation be
~ the tax rate of the City of Cupertino Por the fiscal year 1965-86 and to be
f applied to the bond redemption and interest expense of the Park Bonds.
i Seotion 4. That the City Clerk is instructed to file a certified copy of
this resolution with the proper County authorities and to have it published in
I a newspaper of general cireulation.
' PASSED AND ADOPTED at a regular meeting of the City Counoil of the City of
~ Cupertino this 1 day of July, 1gg5 by the following vote:
' Vote Members _of the Cit.y Couneil
' AY~~ Gatto, Flungy, Rogere, Sparks, Johnson
, NOES: None
' ABSENT:None
ABSTAINsNone
~ ATTEST: APPROVEDt
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' Ci y Clerk or~ y of Cupertino
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