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HomeMy WebLinkAboutORD 80-18 - Levy Taxes5s Sv /8 AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF GEORGETOWN AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE YEAR 1980 AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: SECTION 1. That there is hereby levied and there shall be collected for the use and support of the municipal government of the City of Georgetown, and to provide the Interest and Sinking Fund for the year nineteen hundred and eighty, upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of Eighty -Nine Cents (890 on each One Hundred Dollars ($100.00) valuation of property, said tax being so levied and apportioned to the specific purposes here set forth: (1) For the maintenance and support of the General Government (General Fund), seventy -four -cents (74t) on each One Hundred Dollar ($100.00) valuation of property, and (2) For the interest and Sinking Fund, fifteen cents ( 150 on each One Hundred Dollar ($100.00) valuation of property. SECTION 2. All monies collected under this ordinance for the specific items therein named, be and the same are hereby appropriated and set apart for the specific purpose indicated in each item and that the Assessor and Collector of Taxes, the City Treasurer and the City Secretary shall keep these accounts so as to readily and distinctly show the amount collected, the amounts expended and the amount on hand at any time, belonging to such funds, it is hereby made the duty of the Tax Assessor and Collector of Taxes and every person collecting money for the City of Georgetown, to deliver to the City Treasurer and the City Secretary at the time of depositing any monies a state- ment showing to what fund such deposit should be made and from what source received. All receipts for the City not specifically apportioned by this ordinance are hereby made payable to the General Fund of the City. SECTION 3. For the preservation of order and general welfare, an emergency is hereby declared and this Ordinance shall take effect and be in force from and after its passage. READ, PASSED, AND APPROVED by the City Council of the City of Georgetown, Texas, on first reading as an emergency this 29th day of July 1980. ATTEST: Jim Colbert.—City Secretary APPROVED AS TO FORM: Joe McMaster, City Attorney kN,L- r I Jof C. Doerfler Mayor