CC Resolution No. 3111 RESOLUTION N0. 3111
A RESOLUTION OF TAE CITY COUNCIL OF THE CITY OF CUPERTINO
SETTING TAX RATES FOR THE FISCAL YEAR 1971-1972
WHEREAS, the City Council of the City of Cupertino has adopted
a budget for the fiscal year ending June 30, 1972; and
WHEREAS, it is necessary that a tax rate be established to raise
the revenue required for the operation of said budget;
NOW, THEREFORE, BE IT RESOLVED:
Section 1. That the rate of 23.0~ per $100.00 assessed valuation
be the tax rate of the City of Cupertino for the fiscal year 1971-1972
and to be applied to General Fund purposes.
Section 2. That the rate of 3.5~ per $100.00 assessed valuation
be the tax rate of the City of Cupertino for the fiscal year 1971-1972
and to be applied to the redemption and interest expense of the City
Hall Bonds.
Section 3. That the rate of 4.5~ per $100.00 assessed valuation
be the tax rate of the City of Cupertino for the fiscal year 1971-1972
and to be applied to the redemption and interest expense of the Park
Bonds.
Section 4. That the City Clerk is instructed to file a certified
copy of this resolution with the proper County authorities.
PASSED AND ADOPTED at a regular meeting of the City Council of the
City of Cupertino on the day of , 1971, by the
following vote:
AYES: Councilmen -
NOES: Councilmen -
ABSENT: Councilmen -
APPROVED:
Mayor, City of Cupertino
ATTEST:
City Clerk