Resolution No 1973-08

CLPU/20/1842

IN THE MATTER OF SUBMITTING TO THE LEGAL ELECTORS OF THE CITY OF LEGANON: (1) A ) PROPOSITION AUTHORIZING A LEVY BY THE CITY OF LEBANON OF A TAX IN THE SUM OF $296,659. OUTSIDE THE CONSTITUTIONAL LIMITATIONS FOR THE PURPOSE OF PROVIDING FUNDS FOR THE OPERATION AND MAINTENANCE OF DEPARTMENTS OF THE GENERAL FUND, THE ESTIMATED RATE OF TAX NECESSARY THEREFOR BEING $5.071 PER $1,000. OF TRUE CASH VALUE OF ALL THETAXABLE PROPERTY WITHIN THE CITY LIMITS BASED ON THE ESTIMATED 1973-1974 ASSESSED VALUATION; AND (2) A PROPOSITION AUTHORIZING A SPECIAL LEVY BY THE CITY OF LEBANON OF A TAX IN THE SUM OF $12,750. OUTSIDE THE CONSTITUTIONAL 6% LIMITATION FOR THE PURPOSE OF PROVIDING FUNDS FOR THE CONTINUANCE OF AMBULANCE SERVICE WITHIN THE CITY OF LEBANON, THE ESTIMATED RATE OF TAX NECESSARY THEREFOR BEING $0. PER $1,000. of TRUE CASH VALUE OF ALL THE TAXABLE PROPERTY WITHIN THE CITY LIMITS BASED ON THE ESTIMATED 1973-1974 ASSESSED VALUATION