09/09/2003 Resolutions 2003-267
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RES 0 L UTI 0 N 2003-267
WHEREAS , Nebraska Revised Statute Section 77-1601.02 provides that the property
tax request for the prior year shall be the property tax request for the current year for purposes of the
levy set by the County Board of Equalization unless the Governing Body of the City passes by a
majority vote a resolution or ordinance setting the tax request at a different amount; and
WHEREAS, a special public hearing was held as required by law to hear and consider
comments concerning the property tax request; and
WHEREAS, it is in the best interests of the City that the property tax request for the
current year be a different amount than the property tax request for the prior year; and
WHEREAS, the final levy ofthe Municipality for the fiscal year 2003-2004 for all
general municipal purposes is set at .371540 per one hundred dollars of actual valuation; and
WHEREAS, the final levy of the Municipality for the fiscal year 2003-2004 for
Parking District No.2 is set at .064277 per one hundred dollars of actual valuation; and
WHEREAS, the final levy of the Municipality for the fiscal year 2003-2004 for the
Community Redevelopment Authority is set at .025325 per one hundred dollars of actual valuation.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that:
1. The amount to be raised by taxation for all general municipal purposes for the fiscal
year commencing on October 1,2003 in the amount of $6,599,570 shall be levied
upon all the taxable property in the City of Grand Island, and based on a current
assessed valuation of$1,776,274,395; and
2. The amount to be raised by taxation for Parking District No.2 for the fiscal year
commencing October 1, 2003 in the amount of$28,000 shall be levied upon all the
taxable property within Parking District No.2, and based on a current assessed
valuation of$43,561,743; and
3. The amount to be raised by taxation for the Community Redevelopment Authority for
the fiscal year commencing October 1, 2003 in the amount of $449,847 shall be
levied upon the taxable property in the City of Grand Island, and based on a current
assessed valuation of$I,776,274,395.
Adopted by the City Council ofthe City of Grand Island, Nebraska, September 9,2003.
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RaNae Edwards, City Clerk
Approved as to Form l:t
September 5, 2003 l:t City Attorney