HomeMy WebLinkAboutORD 02.08.1954 - Levying Advalorem Taxes67
AN ORDiNIMCE OF THE CITY OF G ORGETOWN, TEXAS,
LEVYI1TG ADVA.LOREM T.AJES FOR THE YEAR 1954, AJTD
DIRECTING TTE COLLECTION ANTI) DISTRIBUTION
tD�IST.tnRi�3i^7�IpION O
SAID TAXES, ,[�l,NID DECLARING A31 MvIERGE'11TCYo
B81 IT ORD IFTIEM BY THE CITY CJUiICIL OF T` M CITY OF GEORGETUM4.1 T'
� That for the year,, 1954, there shall be levied and collected
1. an adval.or€ m tax of one & 25/100 .( 1.25 } dollars, on all. property subject
to taxation by said City, under the constitution and laws, of the State of
Texas, as per the lst day of January, 1954, and at a tax: rate of one 25f100
1*25 } dollars on each one hundred. ( $100.00 } dollars in valuation..
That when. the said taxes, are collected, the same shall be
applied and paid out as follows:
l* To the General Fund, for the support and maintenance of the
government of the said City 90 cents, of each one a 2,5/100 dollars, collected®
2* To the Bond Fund, of that series of the said City laiawn as Paving
Ponds, 7 cents, of each. cane: & 25/100 dollars, collected..
30 To the Bond Fund, of that series of bonds of the said City, Imoun
as Street Bonds, 20 cents, of each one 25/100 dollars, collected,
I
{ 4. To the Bond Fund, of that series of bonds of the said City 1mown
as Airport Bonds, 8 cents of each one c 25/100 dollars, collected.
The Fact that prompt preparation must be made for the assessing
and collection of taxes for the ;Peas 1954, creates an emergency requa.r -�. ng
the rules providing that an ordinance shall be read at three separate meetings
before final passage shall be suspended, and such rules are here and now
suspended and this ordinance passed, and it is ordered that it take effect
from, and after its. passage.
A.ttes;t
Passed and approved this the fJth,. day of February A. D. 1954.
Texas