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2794ORDINANCE NO.2794 A ORDINANCE REPEALING ORDINANCES 2786 AND 2787 AND LEVYING THE ANNUAL PROPERTY TAX TO PROVIDE REVENUE FOR THE CITY OF MOSES LAKE,WASHINGTON, FOR THE FISCAL YEAR ENDING DECEMBER 31,2016 Recitals: 1.The City has the need and the authority to levy property taxes to meet its financial requirements. 2.The City Council of the City of Moses Lake has met and considered its budget for the calendar year 2016. 3.The City's actual levy amount from the previous year was $6,133,579. 4.The City has banked levy capacity of $0. 5.The population of the City is more than 10,000 NOW THEREFORE,THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON ORDAINS AS FOLLOWS: Section 1.The City of Moses Lake resolves that an increase in the regular property tax levy is hereby authorized for the levy to be collected in the 2016 tax year. Section 2.The dollar amount of the increase over the actual levy amount from the previous year shall be S15,395 which is a percentage increase of0.251 percent from the previous year. The increase is exclusive of the additional revenues resulting from new construction,improvements to property, any increase in the value of state assessed property,any annexations that have occurred,and refunds made. Section 2.The City Council declares this is a public emergency ordinance necessary for the protection of public health,safety,property,or peaceand has passed this ordinance on a single reading with a majority plus one of the whole membership of the Council voting in favor of passage with the ordinance taking effect immediately upon passage. Adopted by the City Council on December 22,2015. &&A £i7~£<5^uj? Dick Deane,Mayor ATTEST: W.Ro APPROVED AS TO FORI Katherine L.Kenison,^S+ty-Aftorney