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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 79-134 <br /> <br />A RESOLUTION FIXING THE TAX RATE FOR DEBT SERVICE <br />ON VOTER APPROVED GENERAL OBLIGATION BONDS DURING <br />FISCAL YEAR 1979-80. <br /> <br />WHEREAS, <br /> <br />the City of Pleasanton, a general law city, must establish <br />its 1979-80 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 />1979; and <br /> <br />WHEREAS, <br /> <br />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 1. The tax rate for debt service on voter approved General <br /> Obligation Bonds for the City of Pleasanton for fiscal <br /> year 1979-80 is fixed as follows: <br /> <br /> District No. 1 <br /> Debt Service $.06 per $100 of Assessed Valuation <br /> <br /> District No. 2 <br /> Debt Service $.06 per $100 of Assessed Valuation <br /> <br />Section 2. This resolution shall become effective immediately upon 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 28, 1979, by the following vote: <br /> <br />AYES: Councilmembers - Butler, Mercer, Wood and Mayor Brandes <br />NOES: None <br />ABSENT: Councilmember Kephart <br />ABSTAIN: None ~~~~ <br />ATTEST: <br /> <br />By Doris George, Deputy City Clerk <br /> <br />APPROVED AS TO FORM <br /> <br /> <br />