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Ordinance 1999-10ORDINANCE NO. 99-10 ORDINANCE OF THE CITY OF GILROY FIXING AMOUNT OF REVENUE FROM PROPERTY TAXES NECESSARY TO PAY BONDED OR OTHER INDEBTEDNESS OF THE CITY OF GILROY OR ANY PORTION OR DISTRICT OF THE CITY OF GILROY FOR THE FISCAL YEAR 1999-2000. WHEREAS, the duties of the Assessor and Tax Collector of the City of Gilroy have hereto been transferred to the County Assessor and County Tax Collector, respectively, of the County of Santa Clara in accordance with Section 51500 to 51518 of the Government Code; and WHEREAS, Section 51508 of said Code requires that the Legislative body of the City shall determine by ordinance or resolution, prior to the fixing of the tax rate for the current year, in the amount of revenue from property taxes necessary to pay the bonded or other indebtedness of the City or any portion of the City; and WHEREAS, the Council of the City of Gilroy has not yet fixed the tax rate for 1999-2000 Fiscal Year, but will do so following the adoption of this ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF G1LROY AS FOLLOWS: Section 1. That the Council of the City of Gilroy does hereby fix the amount of revenue from property taxes necessary to pay the bonded indebtedness of the City of Gilroy Parking District No. 1 - First Division at the sum of $4,000.00. Section 2. For the reason that Article VI of the Gikoy Charter provides that an ordinance declaring the amount of money necessary to be raised for taxation or fixing the rate ORDINANCE NO. 99-10 of taxation or levying the annual tax upon property, need not be published and can be made effective immediately upon adoption, this ordinance shall take effect from and after its adoption and approval, and there shall be no publication of this ordinance prior to adoption, but the City Clerk shall cause at least the title and summary of this ordinance to be published once in the official newspaper of the City within fifteen (15) days after its adoption. PASSED AND ADOPTED this 19th day of July, 1999 by the following vote: AYES: NOES: ABSENT: COUNCILMEMBERS: ARELLANO, Gl}FORD, MORALES, ROWLISON, SPRINGER, SUDOL, GILROY COUNCILMEMBERS: NONE COUNCILMEMBERS: NONE APPROVED: \ K. A. Mike Gilroy, Mayor ATTEST: Rhonda Pellin, City Clerk ORDINANCE NO. 99-10 -2- I, RHONDA PELLIN, City Clerk of the City of Gilroy, do hereby certify that the attached Ordinance No. 99-10 is an original ordinance, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the 19th day of July, 1999, at which meeting a quorum was present. 1N WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this 22nd day of July, 1999. City Clerk of the City of Gilroy (Seal)