Ord 98-326
ORDINANCE NO. 98-326
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
FEDERAL WAY, WASHINGTON. FIXING THE PROPERTY TAX
AMOUNT FOR THE YEAR 1999.
WHEREAS the City Council of the City of Federal Way has
met and reviewed its budget for the 1999/00 biennium; and
WHEREAS the City Council, in the course of considering
the biennium budget has
reviewed all
sources of
revenue and
examined all anticipated expenses and obligations for the 1999
calendar year;
NOW, THEREFORE, BE IT ORDAINED, by the City Council of
the City of Federal Way that the limit factor for the regular levy
for the calendar year 1999 shall be 102.5% plus an additional 1.2%
for the increase in assessed value resulting from new construction
for a total of 103.7%.
Section 1.
~.
There shall be and there is hereby
levied against the property in the City of Federal Way, Washington,
a municipal tax for the year 1999 for the purposes of paying the
ORD. # 98-1?/ò
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t@ff2>Y.
general
expenses
of
municipal
government
in
the
amount
of
$6,667,000.
Section
2.
Severability.
The
provisions
of
this
ordinance are declared separate and severable.
The invalidity of
any clause, sentence, paragraph, subdivision, section, or portion
of this ordinance or the invalidity of the application thereof to
any person or circumstance, shall not affect the validity of the
remainder of the ordinance, or the validity of its application to
other persons or circumstances.
Section 3.
Ratification.
Any act consistent with the
authority and prior to the effective date of this ordinance is
hereby ratified and affirmed.
Section 4.
Effecti ve Date.
This ordinance shall be
effective January 1, 1999.
PASSED by the City Council of the City of Federal Way
this
1st
day of
December
, 1998.
CITY OF FEDERAL WAY
~
MAYOR; RON GINTZ
ATTEST:
ORD. # QR-"t? ;
, PAGE 2
); {li.d:~
CITY CLERK, N. CHRISTINE GREEN,CMC
APPROVED AS TO FORM:
~ Co ~\~\
CITY ATTORNEY, LONDI w. LINDELL
FILED WITH THE CITY CLERK: 11/30/98
PASSED BY THE CITY COUNCIL: 12/1/98
PUBLISHED: 12/4/98
EFFECTIVE DATE: 1/1/99
ORDINANCE NO. 98-326
K:\FIN\979BBDGT\ORDINANC\TAXLEVYB.WPD
ORD. # 98-326
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