CITY OF FAIRFIELD
RESOLUTION NO. 2025-104
APPROVING THE FISCAL YEAR 2025-2026 GENERAL OBLIGATION BOND PROPERTY TAX RATES
NOW, THEREFORE, THE COUNCIL OF THE CITY OF FAIRFIELD HEREBY RESOLVES:
Section 1. A zone of benefit property tax rate of 0.002000 for fiscal year (FY) 202 5-2026 is hereby fixed and established in the amount required to pay $ 435,561 for the City of Fairfield FY 2025-2026 unit costs of the North Bay Aqueduct and the obligation for repayment of the "up - front" costs and advances for the North Bay Aqueduct Project, based on the assessed valuation that will be reported by the County Assessor for the FY 2025-26 assessment roll, and the County of Solano is hereby requested to levy said rate.
Section 2. The city manager is hereby authorized to implement this resolution.
PASSED AND ADOPTED this 17th day of June 2025, by the following vote:
AYES: COUNCILMEMBERS: MOY/BERTANI/CARR/PANDURO/SANDHU/TONNESEN/WILLIAMS
NOES: COUNCILMEMBERS: ____________________________________________
ABSENT: COUNCILMEMBERS: ____________________________________________
ABSTAIN: COUNCILMEMBERS: ____________________________________________
____________________________________________
MAYOR
ATTEST:
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CITY CLERK