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HomeMy WebLinkAboutRES NO 4-38 · A RESOLUTION ESTABLISHING AND DETERMINING CORRECTION FACTOR TO DETERMINE TRUE VALUE WITHIN THE CITY OF BAKERSFIELD NO. 4-38 WHEREAS, the Council of the City of Bakersfield desires to use the taxation assessment rolls of'said city .as a basis for computing the true value of lands ·defined in the "Special .Assess- ment investigation, Limitation and Najority Protest· Act of 1991". NOW THEREFORE BE IT RESOLVED~ BY' THE COUNCIL OF THE CITY OF.BAKERSFIELD: That the total assessed ·valuation for municipal purposes of all taxable lands in the municipality as the same is shown on the last equalized taxation assessment'roll of ·said municipality is $15,629,180.00. ~ And that the corresponding total assessed valuation. of said lands in. said municipality~for county purposes as the same is shown on the last equalized taxation'assessment roll of the County of Kern, in which said City of'Bakersfield is situated is $10,940,995.00. That'i".42 shall represent said correction factorland that said 1.~2 is hereby determinedto be'the correction factor in accordance with the provisio~s of said Act. ' ..... .-----.-00o00'--.-- I HEREBY CERTIFY that ~tt~e foregoing Resolution was · passed and adopted by the Council of the. City of, Bakersfield on the UL/~ay of ~ , 1,998.. ~t C' y Clerk and Ex-Officio Clerk of the : Council .of the _City of Bakersfield 'APPROVED by me tkis~L~'~ay of~ 1998 MAYOR of the' City of Bakersfield