HomeMy WebLinkAboutRes 2008-21RESOLUTION NO. 2008-21
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF
FOUNTAIN HILLS, ARIZONA, LEVYING UPON THE ASSESSED
VALUATION OF THE PROPERTY WITHIN THE TOWN OF FOUNTAIN
HILLS, SUBJECT TO TAXATION A CERTAIN SUM UPON EACH ONE
HUNDRED DOLLARS ($100.00) OF VALUATION SUFFICIENT TO RAISE
THE AMOUNT ESTIMATED TO BE REQUIRED IN THE ANNUAL BUDGET,
TO PROVIDE FUNDS FOR BOND REDEMPTIONS, FOR THE PURPOSE OF
PAYING INTEREST UPON BONDED INDEBTEDNESS; ALL FOR THE
FISCAL YEAR ENDING THE 30TH DAY OF JUNE, 2009.
WHEREAS, the Mayor and Town Council of the Town of Fountain Hills (the "Town
Council ") is required by Am& REv. STAT § 42 -17253 to adopt an annual tax levy based upon the
rate to be assessed per each one hundred dollars ($100.00) of valuation of real and personal
property within the Town; and
WHEREAS, by the provisions of State law, a resolution levying the property taxes for
fiscal year 2008 -09 is required to be finally adopted on or before the third Monday in August and
not less than 14 days after the adoption of the municipal budget; and
WHEREAS, the Town Council adopted the Town's annual budget on June 5, 2008.
WHEREAS, the County of Maricopa is assessing and collecting authority for the Town of
Fountain Hills.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE TOWN OF FOUNTAIN HILLS as follows:
SECTION 1. There is hereby levied on each one hundred dollars ($100.00) of assessed
valuation of all property, both real and personal, within the corporate limits of the Town of
Fountain Hills, except such property as may be by law exempt from taxation, a secondary property
tax rate sufficient to raise the sum of $1,350,000 for the purpose of providing a bond interest and
redemption fund for General Obligation Bond debt service for the fiscal year ending June 30, 2009.
SECTION 2. That failure by the county officials of Maricopa County, Arizona, to
properly return the delinquent list, any irregularity in assessments or omissions in the same, or any
irregularity in any proceedings shall not invalidate such proceedings or invalidate any title
conveyed by any tax deed; failure or neglect of any officer or officers to timely perform any of the
duties assigned to him or to them shall not invalidate any proceedings or any deed or sale pursuant
thereto, the validity of the assessment or levy of taxes or of the judgment of sale by which the
collection of the same may be enforced shall not affect the lien of the Town of Fountain Hills upon
such property for the delinquent taxes unpaid thereon, and no overcharge as to part of the taxes or
of costs shall invalidate any proceedings for the collection of taxes or the foreclosure; and all acts
of officers de facto shall be valid as if performed by officers de jure.
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SECTION 3. The Town Clerk is hereby directed to transmit a certified copy of this
Resolution to the County Assessor and the Board of Supervisors of the County of Maricopa,
Arizona.
PASSED AND ADOPTED by the Mayor and Council of the Town of Fountain Hills,
June 19, 2008.
FOR THE TOWN OF FOUNTAIN HILLS:
J . Schlum, Mayor
REVIEWED BY:
Kathleen M. Zanon, Interim Town Manager
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ATTESTED TO:
APPROVED AS TO FORM:
Andrew J. McGuire, Town Attorney