1986-74 Establishing Amount Due form the City of Kodiak for Taxes on Personal Property within the City Limits.A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH ESTABLISH -
ING. 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 determined
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:
TAX AT BOATS TOTAL
ROLL VALUATION 3.75 MILLS $15 TAXES
Original $28,695,335
Supplemental 4,016,685
TOTALS $32,712,020 $122,670,08 $7,830 $130,500.08
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 $32,712,020 and the
amount due to the KODIAK ISLAND BOROUGH in lieu of collections of Personal
Property tax on said property is $122,670.08 plus Boat tax of $7,830 for a
total of $130,500.08.
PASSED AND APPROVED THIS 2 DAY OF October , 1986.
KODIAK ISLAND BOROUGH
KODIAK ISLAND BOROUGH
RESOLUTION 86 -74 -R
$107,607.51 $7,800 $115,407.51
15,062.57 30 15,092.57