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HomeMy WebLinkAboutORDINANCE 0264-1975 CITY OF KENAI ORDINANCE NO. 264-75, AMENDED AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI ADOPTING THE ANNUAL BUDGET FOR FISCAL YP~AR JULY 1 , 1975 THROUGH JUNE 30, 1976, ~AND SETTING THE TAX LEVY FOR THE CITY OF KENAI. WHERPAS, it is the requirement of the Charter of the City of Kenai, Alaska, that the City Council of the City of l<enai annually set a budget for the operation of the City of Kenai; and WHEREAS, it is necessary to advise the Borough of the levy to be made against real and personal property for the collection of taxes to support said budget. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Kenai, Alaska, as follows: Section 1. A tax in the amount of 16.75 mills is hereby levied against all taxable real and personal property in the City of Kanai fox- the fiscal yea~' commencing on the 1st day of July, 1975, and ending on the 30th day of June, 1976. Section 2. The sum of $1,703,510.00 ia h;r;by appropriated for corporate purposes and objects of the City of ~(enai for the flseai year commencing on the 1st day of July, I975, and ending on the 30th day of June, 1976, to defray all expenses and liabilities of the City during the fiscal year. Page One, ORDINANCE NO. 264-75 Section 3. This Ordinance shal: be in full force and effect on the ist day of July, 1975, as required by Law. CITY OF KENAI ATTEST: '/ Acting City Clerk FIRST READING SECOND READING EFFECTIVE DATE MES A. ELSON, Mayor Page Two, ORDINANCE NO. 264-75