1984-119 Establishing Amount Due From The City Of Kodiak For Taxes On Personal Property Within The City Limits.1
KODIAK ISLAND BOROUC
RESOLUTION 84 -119 -R
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH ESTAB-
LISHING 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 exceptions 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 deter-
mined annually by the Borough Assembly without weighted voting, and
WHEREAS, the records and files of the Kodiak Island Borough indicate
that the following are the totals for valuation and tax for Personal Property
inside the City of Kodiak for which the Kodiak Island Borough should receive
payment in lieu of taxes:
ROLL
Original $35,644,941 $133,667.41 $13,360 $147,027.41
Supplemental 3,325.426 12,132.61 35 12,167.61
Totals $38,878,367 $145 $13 $159
NOW, THEREFORE, BE IT RESOLVED by the KODIAK ISLAND BOROUGH ASSEM-
BLY, 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 $38,880,367 and
the amount due to the KODIAK ISLAND BOROUGH in lieu of collections of Per-
sonal Property tax on said property is $145,800.02 plus Boat tax of $13,395
for a total of $159,195.02.
PASSED AND APPROVED THIS 6th DAY OF December , 1984.
ATTEST:
TAX AT BOATS TOTAL
VALUATION 3.75 MILLS $5 & $15 TAXES
oough Clerk
KODIAK ISLAND BOROUGH
By
Borough . =yor