1976-09 Establishing Amount Due From The City Of Kodiak For Taxes On Personal Property Within The City Limits.Less Adjustments
Plus Adjustments
BOROUGH CLERK
KODIAK ISLAND BOROUGH
RESOLUTION NUMBER 76 -9 -R
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH ESTABLISHING AMOUNT DUE FROM THE CITY OF KODIAK FOR
TAXES ON PERSONAL PROPERTY WITHIN THE CITY LIMITS
WHEREAS, Section 29.53.020 Alaska Statutes provides
that a home rule City shall have the same power to grant exemptions or
exclude property from Borough Taxes that it has as to City taxes, provided,
that the exemptions or exclusions have been adopted as to City taxes and
further provided that the City appropriate to the Borough sufficient monies
to equal revenues lost by the Borough because of the exemptions or
exclusions, the amount to be determined annually by the Assembly without
weighted voting, and
WHEREAS, it appears from the records and files of the
Kodiak Island Borough Assessor that the following are the totals for
valuation and tax for personal property inside the City for which the
Borough should receive payment in lieu of taxes:
Valuation Tax
1975 Original Roll $31,976,370 185
1975 Supplemental Roll 13,136,555 76,192.01 5.8
TOTAL $45,112,925 270,427.42
- 46.40
8,871.07
NOW, THEREFORE, BE IT RESOLVED by the Kodiak Island
Borough Assembly, that it be and it is hereby determined that the total
value of personal property in the City subject to taxation as above stated
is $ 45,112,925 and that the amount due to the Kodiak Island Borough
in lieu of collections of personal property tax on said property is
$270,427.42 plus or minus adjustments, for a total tax due of $270,427.
PASSED AND APPROVED this day of 1976.
BY : ,ie-1 ` "
BOROUGH MAYOR
BY: 7 �/
PRE1%ING OFFICER
Mill
Rate
5.8