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HomeMy WebLinkAboutResolution No. 2008-30Suggested by: Administration CITY OF Kenai RESOLU'TION' NO. 2008-3® 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 I, 2008 AND ENDING JUNE 30, 2009. 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 2008-2009 Annual Budget," which estimates property tax revenue based upon a tax 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, 2008 and ending June 30, 2009 be fixed at 4.5 mills. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fourth day of June, 2008. ~~ ~~l--k.~.{r~ SPAT PORTER, MAYOR ATTEST: ~/ Carol L. Freas, ity Clerk Approved by Finance: (05/22/2008) hl