CITY OF HOMER

HOMER, ALASKA

                                                                                                            Mayor

RESOLUTION 08-83

 

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, REDUCING THE MIL RATE BY 1 MIL FOR NEXT YEAR AND ESTABLISHING A 2009 MIL RATE OF 3.5 MILS WITHIN THE CITY.

 

            WHEREAS, HCC 15.10.020 provides that “The City shall annually set a Mil Rate levy pursuant to Section 9.04.040”; and

 

            WHEREAS, HCC 9.04.040 states that the City Council must establish a Mil Rate no later than June 15 of each year; and

 

            WHEREAS, The Council wishes to reduce the Mil Rate in order to assist property owners with the impacts of rapidly rising assessments and the overall cost of living in Homer.

 

            NOW, THEREFORE, BE IT RESOLVED that the Homer City Council hereby establishes a 2009 Mil Rate of 3.5 Mils and authorizes the City Manager to so inform the Kenai Peninsula Borough.

 

            PASSED AND ADOPTED by the Homer City Council this 28th day of July, 2008.

 

                                                                                    CITY OF HOMER

 

                                                                                    _____________________________

                                                                                    JAMES C. HORNADAY, MAYOR

 

ATTEST:

 

 

______________________________

JO JOHNSON, CMC, CITY CLERK

 

Fiscal Note: Exhibit A