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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 90-152 <br /> <br />A RESOLUTION FIXING THE TAX RATE FOR DEBT <br />SERVICE ON VOTER APPROVED GENERAL OBLIGATION <br />BONDS DURING FISCAL YEAR 1990-91 <br /> <br />WHEREAS, <br /> <br />the City of Pleasanton, a general law city, must <br />establish its 1990-91 fiscal year tax rate for debt <br />service on voter approved General Obligation Bonds and <br />notify the County Auditor of said tax rate before <br />September 1, 1990; and <br /> <br />WHEREAS, <br /> <br />the tax rate for Debt Service on Bond issues approve 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 RESOLVES <br />AS FOLLOWS: <br /> <br />Section 1: <br /> <br /> The tax rate for debt service on voter approved <br />General Obligation Bonds for the City of Pleasanton for <br />fiscal year 1990-91 is fixed as follows: <br /> <br />Debt Service <br /> <br />District No. 1 <br />.0016% of full value <br /> <br />Debt Service <br /> <br />District No. 2 <br />.0016% of full value <br /> <br />Section 2: This resolution shall become effective immediately upon <br /> its passage and adoption. <br /> <br />Section 3: <br /> <br /> This resolution shall be published once within <br />fifteen (15) days after its adoption in "The Valley <br />Times", a newspaper of general circulation, published and <br />circulated in the City of Pleasanton. <br /> <br /> <br />