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CITY 3UNCIL OF THE CITY OF PLEA ~TON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> ESOLUTION NO. 81- 281 <br /> <br /> A ESOLUTION FIXING THE TAX RATE FOR DEBT SERVICE <br /> ON VOTER APPROVED GENERAL OBLIGATION BONDS DURING <br /> FISCAL YEAR 1981-82. <br /> <br />WHEEAS, the City of Pleasanton, a general law city, must establish <br /> its 1981-82 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 /> 1981; and <br /> <br />WHEEAS, 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, THEEFOE, 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 1981-82 is fixed as follows: <br /> <br /> District No. 1 <br /> Debt Service .01032% of full value <br /> <br /> District No. 2 <br /> Debt Service .01032% 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 "The Valley Times," a <br /> newspaper of general circulation, published and circulated <br /> in the City of Pleasanton. <br /> <br />This resolution was adopted on August 25, 1981, by the following vote: <br /> <br />AYES: Councilmembers - Butler, Kephart, Mohr, Wood and ~ayor <br /> I~ercer <br />NOES: None <br />ABSENT: None ~C <br />ABSTAIN: None <br /> <br />ATTEST: ~,~ <br /> <br />By Doris George, Deputy City Clerk <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />