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HomeMy WebLinkAboutRESOLUTION 1999-32Suggested by: Administration CITY OF KENAI RE~OLUTION NO. 99-32 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA FIXING THE RATE OF LEVY OF PROPERTY TAX FOR THE FISCAL YEAR COMMENCING JULY 1, 1999 AND ENDING JUNE 30, 2000. WHEREAS, the Code of the City of Kenai requires that the rate of levy of property tax be set annually not later than the tenth day of June; and WHEREAS, the Council has adopted the "City of Kenai 1999-00 Annual Budget" which estimates property tax revenue based upon a tax rate of 3.5 mills. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the rate of levy of property tax for the fiscal year commencing July 1, 1999 and ending June 30, 2000 be fixed at 3.5 mills. ATTEST: PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 2nd day of June, 1999. ~~J~ t~N~LI~i"AM ~~MAYOR Carol L. Freas, City Clerk Approved by Finance: (5/5/99)