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HomeMy WebLinkAbout19-K ORDINANCE NO. 19-K AN ORDINANCE FIXING TIIE i\lOU~ OF REVENUE FROM PROPERTY TAXES ~tCESSARY FOR TIIE SUPPORT OF THE DEPARTMENTS OF THE CITY OF SARATOGA FOR THE CURRENT YEAR AND TO PAY ANY BONDED OR OTHER INDEBTEDNESS OF THE CITY, A~ FIXING TtlE AMOUNT OF REVENUE SUFFICIENT TO PAY THE ESTImaTED COSTS FOR SAID FISCAL YEAR FOR SCL DISTRICT 1, AZULE L~GHTING DISTRICT~ AND QUITO LIGHT- ING DISTRICT. The City Council of the City of Saratoga does hereby ordain as follows: SECTION 1: The sum of $61,500.00 is hereby fixed as the amount~ of revenue from property taxes necessary. to.support the departments of the City of Saratoga for the current fiscal year and to pay any indebtedness o~ said city. SECTION 2: The sum of $2,390.00 is hereby fixed as the amount of revenue necessary to be raised to pay the cost of "SCL District 1" lighting district within the City of Saratoga for the current fiscal year and all of the lands exclusive of improvements within said district are~hereby assessed in said total sum, each parcel hereby being declared to be benefi~ed by the improvement of the furnishing of electric current and the maintenance of the street lighting system presently located in said district, in the proportion that the assessed valuation of its land exclusive of improvements bears to the total as- sessed valuation of all the land exclusive of improvements~ of the entire district, and said assessment shall be and is hereby prorated over all of said parcels in direct proportion to each's assessed valuation~ exclusive of improvements. SECTION 3: The sum of $1,731.00 is hereby fixed as the amount of revenue necessary to be raised to pay the cost of "Azule Lighting District" within the City of Saratoga for the current fiscal year, and all of the land exclusive of im- provements within said district are hereby assessed in said total sum, each parcel hereby being declared to be b~nefited- by the improvement of the furnishing of electric current and the maintenance of the street lighting system presently lo- cated in said district, in the proportion that the assessed valuation of its land exclusive of improvements bears to the total assessed valuation of all the land, exclusive of improve- ments, of the entire district, and said assessment shall be and is hereby prorated over all of said parcels in direct proportion to each's assessed valuation, exclusive of improvements. SECTION 4: The sum of $4,260.00 is hereby fixed as the amount of revenue necessary to be raised to pay the cost of "Quito Lighting District" within the City of Saratoga for the current fiscal year, and all of the land exclusive of im- provements within said district are hereby assessed in said tonal sum, each parcel hereby being declared to be benefited by =he improvement of the furnishing of electric current and the maintenance of the street lighting system presently located in said district, in the proportion that the assessed valuation of its land, exclusive of improvements, bears to the total as- ., sessed valuation of all the land, exclusive of improvements, of the entire district~ and said assessment shall be and is hereby prorated over all of said parcels in direct proportion to caches assessed valuation, exclusive of improvements. SECTION 5: This ordinance shall ~ecome effective iwrnediateiy upon its passage and adoption. The above ordinance was regularly introduced as was thereafKer passed and adopted at a regular meeting of the City Council of the City of Saratoga'held on the 21st day of August, 1968 by the following vote: AYES: Councilmen Tyler, Smith, Dwyer, Sanders NOES: None ABSENT: Councilman Robbins ASTINED: None ~ATT EST: None '