2179_00001ORDINANCE NO,2179
AN ORDINANCE FIXING THE AMOUNT TO BE RECEIVED FOR MUNICIPALPURPOSESFROMTAXATIONSONASSESSEDVALUATIONSONPROPERTYWITHINTHECITYOFMOSESLAKE,WASHINGTON FOR2005
THE CITYCOUNCILOF THE CITY OF MOSES LAKE,WASHINGTON DO ORDAINAS FOLLOWS:
Section1.Preamble:
O A.RCW 84.52 requires thegoverning bodyof theCityof Moses Lake tofixtheestimatedamounttoberaisedbytaxationonassessedvaluationonpropertywithintheCityofMosesLake
B.The Cityof Moses Lake has a population of more than10,000.
C.Public hearings were held,with notice duly provided,to consider the city's current expensebudgetforthe2005calendaryearpursuanttoRCW84.55.120.
D.The CityCouncilof the City of Moses Lake,after hearing and duly considering all relevantevidenceandtestimonypresented,determine thatthe Cityof Moses Lake requires an increaseinpropertytaxrevenuefromthepreviousyear,in addition tothatresulting from the additionofnewconstructionandimprovementstoproperty,any increase in the value of statedassessedutilityproperty,and any increase due to the annexationofnew territory,in order todischargetheexpectedexpensesandobligationsofthecity.
Section 2:Tax Levv:The followingtaxes for general municipal purposes forthe City of Moses Lake for theyear2005beandthesameareherebylevieduponalltaxablepropertywithintheCityofMosesLake.Anincreaseintheregularpropertytaxlevyof$25,549,in addition tothe increase resulting from theadditionofnewconstructionandimprovementstopropertyasauthorizedbyRCW84,55.010,and any increase in thevalueofstatedassessedutilityproperty,is hereby authorizedfor the2005 levy in theamount of $2,580,408whichisapercentageincreaseof1.00%from the previousyear,and any increase due to the annexation of
newterritoryand new construction.
Section3.Effective Date:This ordinance shall take effect and be in force five (5)days after its passage andpublicationasprovidedbylaw.
Adopted by the City Council and signed by its Mayor on Novynb
Ronald C.ovey,MATTEST:
onald R.Cone,Finance Director
APP VED AS TO FO
/James A.Whitaker,CityAttorney
O