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Section 3. That a total levy of $ 28,862,771 be made against all taxable <br />property within the City of Eugene in general, for the purpose of deriving <br />funds necessary to carry on the different programs and to meet the expenses <br />of the government of the City of Eugene far the fiscal year beginning July 1, <br />1986, and ending June 30, 1987; and to create and provide sinking funds and <br />interest funds for the various outstanding bonds and obligations of the City. <br />Section 4. That the City Recorder is hereby directed to certify the levies <br />as herein made and set forth to the County Clerk and County Assessor of Lane <br />County, Oregon, and the Department of Revenue in Salem, Oregon, and shall file <br />with them a copy of the budget as finally adopted. <br />Section 5. That the annual levy of taxes far the City of Eugene far the <br />fiscal year beginning July 1, 1986,. and ending June 30, 1987, is required by . <br />law to be made by the City Council and certified to the County officers of <br />Lane County, Oregon, before the time for completing the tax rolls, so that the <br />tax rolls may be extended and the taxes therein collected at the time that <br />other that other taxes are collected. That the levy must be made and <br />completed and in the hands of the County Officers immediately, and it is <br />necessary for the peace, health, and safety of the City of Eugene that the <br />levy be placed in the hands of the County Assessor without delay. Therefore, <br />an emergency is hereby declared to exist and this ordinance shall take effect <br />and be in full force immediately upon and after its passage by the City <br />Council and approval by the Mayor. <br />Passed by the City Counci 1 thi s <br />16th Day of June, 1986 <br />~c~,~.. ~ <br />City Recorder <br />Approved by the Ma r this <br />16th D Ju 986 <br />a yor~ <br />ORDINANCE -- 12 <br />