8-Mill Levy Renewal Resolution

RESOLUTION DECLARING THE NECESSITY OF LEVYING A TAX FOR CURRENT OPERATING EXPENSES IN EXCESS OF THE TEN-MILL LIMITATION AND REQUESTING THE COUNTY AUDITOR TO CERTIFY MATTERS IN CONNECTION THEREWITH, AND DECLARING AN EMERGENCY

WHEREAS, Council for the City of Norwood anticipates levying a tax in excess of the ten-mill limitation as described herein; and

WHEREAS, pursuant to Section 5705.03 of the Ohio Revised Code, Council for the City of Norwood is required to certify to the county auditor a resolution requesting the county auditor to certify certain matters in connection with such a tax levy; now therefore

BE IT RESOLVED by the Council of the city of Norwood, State of Ohio:

SECTION 1. That pursuant to the provisions of Section 5705.19(a) of the Ohio Revised Code, it is necessary that a renewal of an existing tax be levied in excess of the ten-mill limitation for the benefit of the City of Norwood, for the purpose of current operating expenses at a rate not exceeding eight (8) mills for each one dollar ($1.00) of valuation which amounts to eighty cents ($0.80) for each one hundred dollars ($100.00) of valuation, for five years.

SECTION 2. That the question of the passage of said tax levy shall be submitted to the electors of the City of Norwood at an election to be held on November 6, 2007. If approved by the electors, said tax levy shall be placed upon the 2007 tax list and duplicate, for collection in the calendar year 2008 and continue for five years.

SECTION 3. That pursuant to section 5705.03 of the Ohio Revised Code, the county auditor is hereby requested to certify to Council for the City of Norwood the total current tax valuation of the City of Norwood, the dollar amount of revenue that would be generated by the number of mills specified in Section 1 hereof, and the Clerk of Council of the City of Norwood be and is hereby directed to certify forthwith a copy of this resolution to the county auditor at the earliest possible time so that said county auditor may certify such matters in accordance with such Section 5705.03 of the Ohio Revised Code.

SECTION 4. That is found and determined that all formal actions of the Council for the City of Norwood concerning and relating to the adoption of this resolution were adopted in an open meeting of the Council of the City of Norwood, and that all deliberations of Council of the City of Norwood, and of nay of its committees that resulted in such formal actions, were in meetings open to the public, in compliance with all legal requirements, including Section 121.22 of the Ohio Revised Code, and the rules of Council for the City of Norwood adopted in accordance herewith.

SECTION 5. This resolution is hereby declared to be an emergency resolution and a measure necessary for the immediate preservation of the public peace, health, safety and general welfare and shall go into effect forthwith. The reason for said emergency is the necessity to certify a copy of this resolution to the county auditor so that the county auditor may certify such matters in accordance with Section 5705.03 of the Ohio Revised Code.