Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Resolution 14929
CITYOFALAMEDARESOLUTIONNO.14929 >-(llt:l-o3i i:'WHEREAS,onNovember7,2000,votersofAlamedapassedMeasure"0",u authorizingtheissuanceofbondsintheamountnottoexceed$10,600,000(the s:::"Bonds")tofinancetheacquisition,constructionandcompletionofanewMainLibraryl.. ~facilityandimprovementstotwobranchfacilitiesintheCityofAlameda(the"project"); .ando REQUESTINGANDAUTHORIZINGTHECOUNTYOFALAMEDA TOLEVYATAXONALLREALANDPERSONALPROPERTYIN THECITYOFALAMEDAASAVOTERAPPROVEDLEVYFOR THEGENERALOBLIGATIONBONDSISSUEDPURSUANTTOA GENERALELECTIONHELDNOVEMBER7,2000 WHEREAS,theCityofAlamedareceivedafinalgrantawardinDecember,2002 intheamountof$15,487,952;and WHEREAS,ResolutionNo.13563,adoptedbytheCityCouncilonMarch4, 2003,authorizedanddirectedthesaleofnottoexceed$10,600,000aggregate principalamountofCityofAlameda,CaliforniaGeneralObligationBonds;andthe levyingofan advalorem tax;and WHEREAS,forthepurposeofpayingtheprincipalofandinterestontheBonds, theCityofAlamedamustauthorizetheCountyofAlamedatolevyandcollectannually eachyearan advalorem taxinanamountsufficienttopayprincipalandinterestonthe bonds;and WHEREAS,Measure"0"setthemaximumtaxrateat $15/$100,000 ofassessed valuationover30years;and WHEREAS,therequiredtaxrateforFiscalYear2014-15is $7.501$100,000 of assessedvaluation. NOW,THEREFORE,BEITRESOLVEDthattheCityCounciloftheCityof AlamedaherebyauthorizestheCountyofAlamedatolevyataxonallrealandpersonal propertyintheCountyofAlamedaasavoter-approvedlevyfortheGeneralObligation BondsissuedpursuanttotheGeneralElectionheldNovember7,2000;and BEITFURTHERRESOLVEDbytheCityCounciloftheCityofAlamedathatthe debtserviceforthe$10,600,000generalobligationbondswillbepaidfromataxlevyon allrealandpersonalpropertyinAlamedaof $7.501$100,000 ofassessedvaluefor 2014-15. **** I,theundersigned,herebycertifythattheforegoingResolutionwasdulyand regularlyadoptedandpassedbytheCounciloftheCityofAlamedainaregular meetingoftheCityCouncilonthe3rd dayofJune,2014,bythefollowingvotetowit: AYES:CouncilmembersChen,Daysog,EzzyAshcraft,Tamand MayorGilmore-5. NOES:None. ABSENT:None. ABSTENTIONS:None. INWITNESS,WHEREOF,Ihavehereuntosetmyhandandaffixedtheofficial sealofsaidCitythis 4th dayofJune 2014. LaraWeisiger,Civ~Clerk CityofAlameda l/