RESOLUTION NO. 82-4

RESOLUTION PROVIDING FOR THE DATE AND MANNER OF HOLDING A SPECIAL ELECTION IN THE CITY OF SODAVILLE, OREGON, ON THE 18th DAY OF MAY, 1982, FOR THE PURPOSE OF SUBMITTING TC THE LEGAL VOTERS OF SAID CITY THE QUESTION OF RENEWING A 3-YEAR FIXED RATE SERIAL LEVY OF .77 PER $1,000 ASSESSED VALUATION FOR STREET LIGHTING

WHEREAS, the City of Sodaville's share of state gas tax monies are insufficient to meet all the essential expenses for street maintenance and repair, as well as street lighting and,

WHEREAS, street lighting is essential for maintaining public safety and,

WHEREAS, electrical rates are inflating rapidly, and

WHEREAS, the Sodaville Budget Committee recommended that the City renew its street lighting serial levy outside the 6% limitation at the rate of $.77 per $1,000 assessed valuation,

NOW, THEREFORE, IT IS HEREBY

RESOLVED, that there shall be submitted to the legal voters of the City of Sodaville, Oregon at a serial levy election to be held on the 18th day of May, 1982, the question of establishing a new serial levy for the City. There is a state-wide primary election being held in the State of Oregon and within the City of Sodaville and as a part thereof on the 18th day of May, 1982 this serial leby [sic] election is called to be held concurrently therewith.

BE IT FURTHER RESOLVED, that at the serial levy election there shall be submitted to the legal voters of the City of Sodaville, Oregon for their approval or rejection, the proposition insubstantially the following form:

QUESTION:

Shall Sodaville establish a 3-year serial levy at $.77 per $1,000 assessed valuation to become effective in fiscal year 1982-83?

EXPLANATION:

The funds provided by this levy will be used only for lighting the City Streets during the next three years. A budget for each year will be prepared and reviewed by the City residents. Moreover, the rate will remain the same for three years, thus allowing better financial planning for both City residents and the City Council. The $4982.00 levy is estimated to produce $1565.00 in 1982-83, $1659.00 in 1983-84 and $1758 in 1984-85 The 1981-82 $.77 per assessed valuation levy produced $1411,00 [sic] for street lighting. THe new 3-year levy as proposed is eligible for up to 30% state tax relief program.

BE IT FURTHER RESOLVED that notice of election shall be given to the Linn County Clerk for publication as required by statute. The notice shall be substantially the following form:

Notice is hereby given that the City of Sodaville hereby call an election to be held on May 18, 1982, between the hours of 8:00 a.m. and 8:00 p.m. for the purpose of submitting to the qualified voters of the City the following question:

Notice is hereby given that the City of Sodaville hereby call an election to be held on May 18, 1982, between the hours of 8:00 a.m. and 8:00 p.m. for the purpose of submitting to the qualified voters of the City the following question: