1995_00001ORDINANCE NO.1995
AN ORDINANCE FIXING THE AMOUNT TO BE RECEIVED FOR MUNICIPAL
PURPOSES FROM TAXATIONSON ASSESSED VALUATIONS ON PROPERTY
WITHINTHE CITYOF MOSES LAKE,WASHINGTON FOR 2001
THE CITYCOUNCIL OF THE CITYOF MOSESLAKE,WASHINGTON DO ORDAINASFOLLOWS:
Section 1.Preamble:
A.RCW B4.52 requires the governingbodyoftheCityofMoses Lake tofixtheestimated amounttoberaisedbytaxationonassessedvaluationonpropertywithintheCityofMosesLake
B.The CityofMoses Lake has a population ofmorethan 10,000.
C.Public hearings were held,with notice duly provided,toconsider the city'scurrentexpensebudgetforthe2001calendaryearpursuanttoRCW84.55.120.
D.The CityCouncilofthe City of Moses Lake,after hearing and duly considering allrelevantevidenceandtestimonypresented,determine thattheCityof Moses Lake requiresan increaseinpropertytaxrevenuefromthepreviousyear,in additiontothatresultingfrom theadditionofnewconstructionandimprovementstoproperty,any increase in the value of statedassessedutilityproperty,and any increase due totheannexationof new territory,in order todischargetheexpectedexpensesandobligationsofthecity.
Section 2:Tax Levy:The followingtaxesfor general municipalpurposes fortheCityofMoses Lake for theyear2001beandthesameareherebylevieduponalltaxablepropertywithintheCityofMosesLake.Anincreaseintheregularpropertytaxlevyof$51,627,inadditiontotheincrease resulting from theadditionof
new constructionand improvements toproperty as authorized byRCW 84.55.010,any increase inthevalueofstatedassessedutilitypropertyisherebyauthorizedforthe2001levyintheamountof$2,080,189whichisapercentageincreaseof2.61%from the previousyear,and any increase due tothe annexation of newterritory.
Section3.Effective Date:This ordinanceshalltakeeffect and be inforcefive (5)days after its passage andpublicationasprovidedbylaw.O Adopted by the City Council and signed by its Mayor on Novemb ,000.
ance Director
A
CityAttorney