2136_00001ORDINANCE NO.2136
AN ORDINANCE FIXING THE AMOUNT TO BE RECEIVED FOR MUNICIPALPURPOSESFROMTAXATIONSONASSESSEDVALUATIONSONPROPERTYWITHINTHECITYOFMOSESLAKE,WASHINGTON FOR 2004
THE CITYCOUNCILOF THE CITYOF MOSESLAKE,WASHINGTON DOORDAIN AS FOLLOWS:
Section 1.Preamble:
O A.RCW 84.52 requires thegoverningbody oftheCityofMoses Lake tofixtheestimated amounttoberaisedbytaxationonassessedvaluationonpropertywithintheCityofMosesLake
B.The Cityof Moses Lake has a population of more than10,000.
C.Public hearings were held,with notice duly provided,toconsiderthecity's current expensebudgetforthe2004calendaryearpursuanttoRCW84.55.120.
D.The City Council ofthe Cityof Moses Lake,after hearing and duly considering all relevantevidenceandtestimonypresented,determine thattheCityof Moses Lake requires an increaseinpropertytaxrevenuefromthepreviousyear,in additionto that resultingfrom the additionofnewconstructionandimprovementstoproperty,any increase in the value of statedassessedutilityproperty,and any increase due totheannexationofnewterritory,in order todischargetheexpectedexpensesandobligationsofthecity.
Section 2:Tax Levy:The followingtaxes for generalmunicipal purposes for the CityofMoses Lake for theyear2004beandthesameareherebylevieduponalltaxablepropertywithintheCityofMosesLake.Anincreaseintheregularpropertytaxlevyof$24,936,in additiontotheincrease resulting from theadditionof
new construction and improvements toproperty as authorized by RCW 84.55.010,and any increase in thevalueofstatedassessedutilityproperty,is hereby authorizedfor the2004 levyin the amount of$2,518,534whichisapercentageincreaseof1.00%from theprevious year,and any increase due totheannexationofnewterritoryandnewconstruction.
Section 3.Effective Date:This ordinanceshalltakeeffect and be in force five (6)days afterits passage andpublicationasprovidedbylaw.
Adopted by theCity Council and signed by its Mayor on November 11,2003.O
Mayor
½ÉinanceDirector
APPR VED AS TO FORM
dityAttorney
O
Publish:November 14,2003 (legals)