4905 - 72 Determine amts and rates for tax levies

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RESOLUTIOn.NO. 4905 BY: Messrs. Magnotto, McBrlde, Usher, Wendling, Werner, Brockman, Graber ~ RESOLUTION accepting the amounts and rates as determined by the Budget CommissiOn and authorizing the necessary tax levies and certifying them to the County Auditor, and declaring an emergency. WHEREAS, this Council in accordance with the provisions of law has previously adopted a tam budget for the next succeeding fiscal year commencing January 1, and 1973,: WHEREAS, the Budget Commission of Cuyahoga Coun.ty, State of Ohio, has certified its action thereon to this Council together with an estimate by the County Auditor of the rate of each tax necessary to be levied by this Council, and what part thereof is without, and what part is within, the 10 mill tax limitation; therefore, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF LAKEWOOD, CUYAHOGA COUNTY, OHIO: Section 1. That the amounts and rates, as determined by the Budget Commission in its certification, be and the same are hereby accepted. Section 2. That there be and is hereby levied on the tax duplicate of said City the rate of each tax n~cessary to be levied within and without the ten mill limitation as follows: WITHIN THE 10 MILL LIMITATION: AMOUNT MILLS Bond Retirement Fund General Fund Firemen's Relief & Pension Fund Police Relief & Pension Fund 195,072.00 .99 370,440.00 1.88 59,113.00 .30 59t113.00 .30 683,738.00 3.47 OUTSIDE THE 10 MILL LIMITATION: Bond Retirement Fund General Fund Firemen's Relief & Pension Fund Police Relief & Pension Fund Sewage Plant Operation 504,429.00 2.56 943,834.00 4.79 137,929.00 .70 151,722.00 .77 356,646.00 1.81 2,094,560.00 10.63 2,778,298.00 14.10 Section 3. That the Clerk of this Council be and she is hereby directed to Certify a copy of this resolution to the County Auditor of said County. Section 4. That this resolution is hereby declared an emergency measure providing for the immediate preservation of public health, safety and welfare and for the further reason that it is immediately necessary to adopt and certify to the County Auditor the City's acceptance of the levies of taxes to be made on the 1972 duplicate for collection in 1973 in order to comply with the statutes of the State and to provide sources of reven~e for municipal operation during 1973., and provided it receives the affi.rmative vote of two-thirds of all members elected to Council, it shall take effect and be in force immediately upon its adoption and approval by the Mayor. Adopted: ~ ~., /~?~ Approved: President Clerk ~