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1968-05 Setting Personal Property Value From The City Of Kodiak Subject To Taxation.1 2 I KODIAK ISLAND BOROUGH I AB SOLUTION NUMBER 68 -5 -R ISLAND BOROUGH OF THE BOROUGH ASSEMBLY OF THE KODIAK WHEREAS, Section 07.15.320, Alaska Stat that a home -rule city shall have utes, s provide or exclude property from Borough the same Dower to grant exemptions provided, that the uog= to taxes that it has as city taxes e xemptions exclusions have been ado Y taxes and further provided Pted as to the city that the city appro sufficient monies to a Priate to the Borough ?ual revenues of the exem lost by the Borough because Idete Ptions or exclusions, the rmined annually by the Ass amount to be ly without weichted voting, and, WHEREAS, it appears !ISLAND BOROUGH fro the s tatement of the ASSEMBLY that RODIAK lProperty lying within the CITY he assessed v aluation of all personal lamounted OF KODIAK for the tax I to TWELVE MILLION NINE year 1967, II HUNDRED TWENTY-FIVE and r HUNDRED FOURTEEN THOUSAND ONE a to the KODIAK ISLAND hs ($12,914,125.00) DOLLARS and the lamoun t` du personal EOROUGX in lieu of collections of l Year would be FORTY -TWO THOUS rate of 3.32 mills, for the 1967 tax I 90/100yy AND EIGHT HUNDRED SEVENTY-FOUR ($42,874.90) DOLLARS, and NOW, THEREFORE, BE IT RESOLVED b BOROUGH ASSEMBLY that it be a Y the KODIAK ISLAND It i and the tf total is hereby determined that the value of the personal property in the City subject to taxa- ff tion for the tax year 1967, was TWELVE MILLION NINE HUNDRED HUNDRED TWENTY -FIVE and No F3 URTEED/ P HOUSAND ONE > OLLARS and that the amount 100ths ($12,914 0) unt due to the KODIAK ISLAND BOROUGH in 1iel/ age One, RESOLUTION NO. 6 8 -5 -R ) 1 I I I II 1 t of collections of personal property tax on said property at the rate of 3.32 mills for the 1967 tax year is FORTY -TWO THOUSAND EIGHT HUNDRED SEVENTY -FOUR and 90 /100ths ($42,874.90) DOLLARS. PASSED AND APPROVED this , "n day of , 1968 ATTEST: / A Presiding Officer, KODIAK ISLAND BOROUGH BY: age Two, RESOLUTION NO. 68 -5 -R Chairman