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1979-42 Electing the Annual Motor Vehicle Registration Tax in Lieu of Ad Valorem Property Taxpr 1 n l 2 9 I ! ATTEST: By: II I I AN ORDINANCE ELECTING THE ANNUAL MOTOR VEHICLE REGISTRATION TAX 1N LIEU OF AD VALOREM PROPERTY TAX. WHEREAS, AS 28.10.431 et. seq. provides that a municipality may ,elect coverage under the State administered Annual Motor Vehicle Registration lieu of local ad valorem property tax on motor vehicles, and; Tax in WHEREAS, a municipality must file a written notice of election ' the State prior to January 1 of the year preceding the year the election 'is to become effective. NOW, THEREFORE, BE IT ORDAINED by the Assembly of the Kodiak I I Island Borough: 1. That the Kodiak Island Borough hereby elects coverage under the Annual Motor Vehicle Registration Tax established in AS 28.10.431 et. seq., and; 2. The Administration is directed to file a written notice of this election with the appropriate agency of the State of Alaska, prior to January 1, 1980. PASSED AND APPROVED this 17tldaY of December orough Clerk KODIAK ISLAND BOROUGH ORDINANCE NO. 79 -42 -0 KODIAK ISLAND BOROUGH. , 1979. \PIRST READING DATE: December 6, 1979 Ii SECOND READING PUBLIC HEARING, DATE APPROVED: December 17, 1979 (EFFECTIVE DATE: December 17, 1979