639 Property Tax Rates 1999 CITY OF YELM
ORDINANCE N0.639
AN ORDINANCE OF THE CITY OF YELM, WASHINGTON SETTING THE
PROPERTY TAX RATES FOR COLLECTION IN 1999.
WHEREAS, the City Council of the City of Yelm attests that the population of the city of
Yelm is less than ten thousand; and
WHEREAS, the City of Yelm had properly given notice of the public hearing held on
November 10, 1999, to consider the City's revenue sources for the current expense budget for the
1999 calendar year, pursuant to RCW 84.55.120; and,
WHEREAS, the Yelm City Council, after hearing and duly considering all relevant
evidence and testimony presented, determine that the City of Yelm requires an increase in
property tax revenue from the previous year, in addition to that resulting from the addition of new
construction and improvements to property and any increase in the value of state-assessed
property, in order to discharge the expected expenses and obligations of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF YELM, WASHINGTON
Section 1. That an increase in the regular property tax levy, in addition to the increase
resulting from the addition of new construction and improvements to property and any increase in
the value of state assessed property, is hereby authorized for the 19991evy in the amount of
$24,030, which is a percentage increase of 6.23% from the previous year.
Section 2. Effective Date: This ordinance shall be effective five days following publication
according to law.
ADOPTED this 9th day of December 1998.
Ka M. olf, Mayor
Authenticated:
Agn P. Bernick, City Clerk
Vote: Yeas: ~ Noes
PASSED and APPROVED: December 9, 1998
PUBLISHED: Nisqually Valley News, December 17, 1998
EFFECTIVE: December 23, 1998