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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 87-369 <br /> <br /> A RESOLUTION FIXING THE TAX RATE FOR DEBT SERVICE ON <br /> VOTER APPROVED GENERAL OBLIGATION BONDS DURING FISCAL <br /> YEAR 1987-88 <br /> <br />WHEREAS, the City of Pleasanton, a general law city, must <br /> establish its 1987-88 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, 1987; 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 <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: The tax rate for debt service on voter approved <br /> General Obligation Bonds for the City of Pleasanton for <br /> fiscal year 1987-88 is fixed as follows: <br /> <br /> Debt Service District No. 1 <br /> .0028% of full value <br /> <br /> Debt Service District No. 2 <br /> .0028% of full value <br /> <br />Section 2: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />Section 3: 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 />