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CITY jOUNCIL OF THE CITY OF PLEAoANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 80-223 <br /> <br />A RESOLUTION FIXING THE TAX RATE FOR DEBT SERVICE <br />ON VOTER APPROVED GENERAL OBLIGATION BONDS DURING <br />FISCAL YEAR 1980-81. <br /> <br />WHEREAS, <br /> <br />the City of Pleasanton, a general law city, must establish <br />its 1980-81 fiscal year tax rate for debt service on <br />voter approved General Obligation Bonds and notify the <br />County Auditor of said tax rate before September 1, <br />1980; and <br /> <br />WHEREAS, the tax rate for Debt Service on Bond issues approved by <br /> the voters is specifically exempt from the tax rate <br /> limitations imposed by California Constitution Article <br /> XIII A (Proposition 13). <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES <br />RESOLVE AS FOLLOWS: <br /> <br />Section <br /> <br />1. The tax rate for debt service on voter approved General <br />Obligation Bonds for the City of Pleasanton for fiscal <br />year 198U-81 is fixed as follows: <br /> <br />Debt Service <br /> <br />District No. 1 <br />$.052 per $100 of Assessed Valuation <br /> <br />Debt Service <br /> <br />District NO. 2 <br />$.052 per $100 of Assessed Valuation <br /> <br />Section 2. This resolution shall become effect immediately upon <br /> its passage and adoption. <br /> <br />Section 3. This resolution shall be published once within fifteen <br /> (15) days after its adoption in "The Times," a newspaper <br /> of general circulation, published and circulated in the <br /> City of Pleasanton. <br /> <br />This resolution was adopted on August 26, <br /> <br />AYES: Councilmembers Butler, Kephart, <br /> Mayor Mercer <br />NOES: None <br />ABSENT: None <br /> <br /> S R. ~alker, tit erk <br />By Doris George, Deputy City Clerk <br /> <br />APPROVED AS TO FORM~ <br />]ity Attorney <br /> <br />1980, by the following vote: <br />Mohr, Wood and <br /> <br /> <br />