HomeMy WebLinkAbout1977-01-10 87 AE RESOLVE87 AE
Introduced by Councilor Brountas, January 10, 1977
CITY OF BANGOR
APPROPRIATION
(TITLE.) P001bPy_.................°PA.:.-Aeung_s?0,o00.. car_Revaluation__._.._.._........ _...
By the City CauseaU of the G44p of Ray .
B OLV6D, TXAT the City Council appropriate $90,000 from the 1977
Budget for the purpose of conducting a reaalustion of property.
STATEMENT OP FACT: State law requires that by 1975 our sales-t0-a65essment
ratio meet be 609 with an equity rating of 25. Our
preliminary 1975 statistics indicate the ratio to be about 578 with an
equity rating of 19. Me appropriation of this money, will allow ou
Assessing Cepurtment, supplemented by several field c and additional office
staff, to start the process which should be complete inabouta year.
IN CITY COUNCIL
67 AE
January 12, 1977
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3R"f
xeived let reading -
E E S O L Y E
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Consider met meting.
Appropriating $90,000 For
Revaluation.
CITI c
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- RFCEIYEO
CITY G 3A.�;0R
1R CITY COUNCIL _
CITY CLERK'S GFFICE
January 24, 1977
- Received 2nd reading.
-°77
JAN 6 FH 3 29
Amended to read "$70,000"
instead of ^$90,000^. As
—
mended, passed...
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A
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