075 of 1999 - Adopting the rate of tax levy upon all real and personal property within Salt Lake City, made taxabl0 99-1
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SALT LAKE CITY ORDINANCE
No. 75 of 1999
(Adopting the rate of tax levy upon all
real and personal property within Salt Lake City,
made taxable by law for the fiscal year
commencing July 1, 1999 and ending June 30, 2000)
AN ORDINANCE ADOPTING THE RATE OF TAX LEVY UPON ALL
REAL AND PERSONAL PROPERTY WITHIN SALT LAKE CITY MADE
TAXABLE BY LAW FOR THE FISCAL YEAR COMMENCING JULY 1, 1999
AND ENDING JUNE 30, 2000.
Be it ordained by the City Council of Salt Lake City:
PREAMBLE
Chapter 2, Title 59 of the Utah Code Ann. states that before June
22nd of each year, the governing body of each city shall, by ordinance or
resolution, adopt a proposed tax levy or, if the tax rate is not more than the
certified tax rate, a final tax levy on the real and personal property for various
municipal purposes. Chapter 2, Title 59, of the Utah Code Ann. provides for
certain notice and hearing requirements if the proposed tax rate exceeds the
certified tax rate. It is the intent of Salt Lake City to comply with the
mandate of the Utah Legislature, but reserve in itself the power to amend the
tax rates set herein to guarantee, after final appraisal figures have been
determined, that it does not exceed the amount required for its governmental
operations and taxing authority granted by the Legislature. Further, it is the
intent of the City to levy an additional tax, if necessary, to cover costs of
State legislative mandates or judicial or administrative orders under Chapter
2, Title 59 of the Utah Code Ann.
SECTION 1. PURPOSE. The purpose of this ordinance is to adopt a
tax levy upon all real and personal property within Salt Lake City made
taxable by law in the year 1999 to defray the necessary and proper expenses
of Salt Lake City to maintain the government thereof and for operating and
maintaining its libraries and reading rooms and to pay for costs of State
legislative mandates or judicial or administrative orders under Chapter 2, Title
59 of the Utah Code Ann.
SECTION 2. TAX LEVY. The City Council hereby levies upon all real
and personal property within Salt Lake City made taxable by law in the year
1999, for the fiscal year of Salt Lake City ending June 30, 2000, as revenue
in the general fund and as revenue in the library fund, a tax of .005045
percent on each dollar of taxable valuation of said property apportioned as
follows:
(a) .003552 percent shall be credited as revenue in the general fund;
(b) .000058 percent shall be credited as revenue in the general fund
to be used for repayment of court ordered judgments;
(c) .000832 percent shall be credited as revenue in the special library
fund;
(d) .000013 percent shall be credited as revenue in the special library
fund to be used for repayment of court ordered judgments; and
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(e) .00059 percent shall be credited toward repayment of the Block
37 General Obligation Bonds for the construction of a new City library
building and other improvements.
The City Council hereby further levies a tax to cover the costs of State
legislative mandates or judicial or administrative orders under Chapter 2, Title
59 of the Utah Code Ann. as determined by the Utah State Tax Commission
and the Salt Lake County Auditor's Office.
Said tax levies in this Section 2 shall be subject to Mayor approval and
City Council reconsideration pursuant to § 10-3-1214 of the Utah Code Ann.
SECTION 3. CERTIFIED TAX RATE. The proposed tax levies do not
exceed the certified tax rates and, therefore, the City is not required to
publish notice or hold a public hearing pursuant to Chapter 2, Title 59, of the
Utah Code Ann.
SECTION 4. CERTIFIED TO AUDITOR. The tax levies hereinabove
determined and levied shall be certified by the City Recorder to the Auditor of
Salt Lake County, State of Utah before the 22nd day of June 1999 pursuant
to the provisions of Chapter 2, Title 59 of the Utah Code Ann.
SECTION 5. RESERVE POWER AND RIGHT TO AMEND. The City
hereby expressly reserves the power and right to amend any property tax
levy made herein as it may deem just, proper and appropriate under the law.
SECTION 6. EFFECTIVE DATE. This Ordinance shall take effect on
July 1, 1999.
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Passed by the City Council of Salt Lake City, Utah, this 14th
September
ATTEST:
CHIEF D
, 1999.
PUTY CI R CORDER
Transmitted to the Mayor on September 14, 1999
Mayor's Action: XX Approved. Vetoed.
ATTEST:
IEF DEPUTY CI Y R ORDER
(SEAL)
Bill No. 75 of 1999.
Published: September 21, 1999 i
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MAYOR
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