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Special Meeting <br />September 13, 2022 <br />Page 2 <br />PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE <br />DATE. <br />Finance Director Gene Anderson explained that each year the City Council must adopt a <br />property tax rate sufficient to fund the city budget as adopted by the Council. He said the <br />property rate was .44278 per $100 of valuation. <br />A Motion to approve this item was made by Council Member Savage and seconded by <br />Council Member Pilgrim. Motion carried, 7 ayes — 0 nays. <br />5. Adjournment. <br />There being no further business, a Motion to adjourn was made by Council Member <br />Pankaj and seconded by Council Member Pilgrim. Motion carried, 7 ayes — 0 nays. The meeting <br />was adjourned at 7:08 p.m. <br />PAULA PORTUGAL, MAYOR <br />JANICE ELLIS, CITY CLERK <br />