HomeMy WebLinkAboutORD 95-50 - Levying Tax RateORDINANCE NUTM BER
AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF
GEORGETOWN FOR THE TAX YEAR 1995; PROVIDING A
SEVERABILITY CLAUSE; AND SETTING AN EFFECTIVE DATE.
WHEREAS, the City of Georgetown, Texas is an incorporated Home Rule city dependent
upon taxes to provide it's citizens with services; and
WHEREAS, the City Council finds it necessary to levy taxes for the 1995196 fiscal year for
the City of Georgetown, Texas; and
WHEREAS, the City Council has met all of the prerequisites for the levying of taxes within
the city; and %I --
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this ordinance are
hereby found and declared to be true and correct, and are incorporated by reference herein and
expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this
ordinance implements Finance Policy 1 of the Century Plan - Policy Plan Element, which states:
"The City will conduct all municipal operations in an efficient business -like manner", and further
finds that the enactment of this ordinance is not inconsistent or in conflict with any other Century
Plan Policies, as required by Section 2.03 of the Administrative Chapter of the Policy Plan.
SECTION 2. The City Council of the City of Georgetown (the "City Council") hereby finds
that all of the prerequisites to the levying of a tax rate for this City for the year 1995, (including,
without limitation, certifications, notices, submittals, and public hearings) as required by law have
been complied with.
SECTION 3. The City Council does hereby levy and adopt the tax rate on $100 valuation
for the tax year 1995 as follows:
$.19514 for the purpose of maintenance and operation
S.17486 for the principal and interest on debt of this city
$.37000 total tax rate
SECTION 4. If any section, paragraph, clause, phrase, or provision of this Ordinance shall
be adjudged invalid or held unconstitutional, the same shall not affect the validity of this Ordinance
as a whole or any part or provision thereof other than the part so declared to be invalid or
unconstitutional.
Lew Tax Rate Ordinance No. is �0
Page 1 of.)
�TIO:ti 5. This Ordinance shall become etTective upon adoption of its second and final
reading by the City Council of the City of Georgetown, Texas.
PASSED AND APPROVED on First Reading on the 12th day of September, 1995.
PASSED AND APPROVED on Second Reading on the 26th day of September, 1995.
ATTEST:
Sandra Lee
City Secretary
APPROVED AS TO FORM:
Marianne Landers Banks
City Attorney
Levy Tax Rate Ordinance No.
Page 2 of.)
THE CITY OF GEORGETOWN:
By: Leo Wood ul.
Mayor