1970-01 Establishing Amount Of Payment Due Borough From City In Kodiak In Lieu Of Personal Tax.SCROOGE!:
WHEREAS, Section 07.15.320 Alaska Statutes provides that a hate
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:
1969 Original (incl. Adj.
P69 -1 thru P69 -15)
1969 Supplemental
P69 -15.
ATTEST:
KODIAK ISLAND BOROUGH
RESOLUTION NUMBER 70 -1 -R
A RESOLUTION OF THE BOROUGH ASSEMBLY OF THE KODIAK ISLAND
PASSED AND APPROVED this
Clerk j
Valuation
Tax Mill Rate
14,122,040 91,652.04 6.49
1,774,024 11,513.42 6.49
TOTAL: $15,896,064. $103,165.46
Which totals include all applicable adjustments to date through
NOW, THEREFORE, BE IT RESOLVED by the Kodiak - Islanc 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 $15,896,064.00
and that the amount due the Kodiak Island Borough in lieu of collections of
personal property tax on said property is $103,165.46.
at
KODIASC ISLAND BOROUGH
BY m a n
a lmman
day of 17, -xeet no.? 19 7o •