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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 85-399 <br /> <br /> A RESOLUTION FIXING THE TAX RATE FOR DEBT SERVICE ON VOTER <br /> APPROVED GENERAL OBLIGATION BONDS DURING FISCAL YEAR 1985-86 <br /> <br /> WHEREAS, the City of Pleasanton, a general law city, must establish <br /> its 1985-86 fiscal year tax rate for debt service on voter <br /> approved General Obligation Bonds and notify the County <br /> Auditor of said tax rate before September 1, 1985; and <br /> <br /> WHEREAS, the tax rate for Debt Service on Bond issues approved by the <br /> voters is specifically exempt from the tax rate limitations <br /> imposed by California Constitution Article XIII A <br /> (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 year <br /> 1985-86 is fixed as Follows: <br /> <br /> Debt Service District No. 1 <br /> .0054% of full value <br /> <br /> Debt Service District No. 2 <br /> .0054% of full value <br /> <br /> Section 2. This resolution shall become effective 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 "Tri Valley Herald" a <br /> newspaper of General circulation, published and circulated <br /> in the City of Pleasanton. <br /> <br /> This resolution was adopted on August 20, 1985 by the following vote: <br /> <br /> AYES: Councilmembers - Mohr, Wood and Mayor ~Iercer <br /> <br /> NOES: None <br /> ABSENT: Councilmembers - Brandes and Butler <br /> ABSTAIN: None ~ <br /> ATTEST: '?~~./L~ <br />~ames R. Walker, City lerk <br /> By Doris George, Deputy City Clerk <br /> <br /> A PROVED AS TO FORM <br /> <br /> Peter D. MacDonald, City Attorney <br /> <br /> <br />