1980-43 Establishing Amount Due From The City Of Kodiak For Taxes on Personal Property Within The City Limits.1 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 here rule
city shall have the same peer 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
' City appropriate to the Borough sufficient monies to equal revenues
lost by the Borough because of the ex_:ptions or exclusions, the amount to
be determined annually by the Assembly without weighted voting, and
:Borough Assessor that the following are the totals for valuation and tax for
H Personal Property inside the City for which the Borough should receive
payment in lieu of taxes:
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 $ 117,173,681
and the amount due to the KODIAK ISLAND BOROUGH in lieu of collections
idof Personal Property tax on said property is $ 817,868.80 plus or minus
adjustments, for the total tax due of $ 817,868.80
ATTEST:
it
L
BOROUGH Ci
tJTt ISIAND BOROUGH
ON 610 ' 60 -43 43-R
WHEREAS, it appears from the records and files of the Kodiak Island
VALUATION TAXES MILL RATE
ORIGINAL ROLL $ 94,530,738 $ 659,821.54 6.98
SUPPLEMENTAL ROLL $ 22,642,943 $ 158,047.26 6.98
TOTAL $ 117,173,681 $ 817,868.80
NOW, THEREFORE, BE IT RESOLVED by the KODIAK ISLAND BOROUGH ASSEMBLY,
PASSED AND APPROVED THIS 2nd DAY OF October , 1980.
BY: ft r7 1�
BOROUGH MAYOR