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HomeMy WebLinkAboutResolution No. 2006-29Suggested by: Administration CITY OF KENAI RESOLUTION NO. 2006-29 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, 2006 AND ENDING JUNE 30, 2007. 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 2006-2007 Annual Budget," which estimates property tax revenue based upon a tazc rate of 4.5 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, 2006 and ending June 30, 2007 be fixed at 4.5 mills. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day of June, 2006. ~ ~~~--7~ ~~i~ /.«t.~L,,~~ PAT PORTER, MAYOR ATTEST: ~ v Carol L. Freas, City Clerk Approved by Finance: (05/ 19/2006) hl