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HomeMy WebLinkAboutORD 01.10.1949 - TaxN 1949 Tax Ordinance. CRDINANCE OF THE CITY OF GEORGETO� 11 TEXAS PROVIDING FOR THE LEVYING AND COLLECTING OF' TAKES FOR THE YEAR 19499 AND DIRECTING THE DISPOSITIuN OF Si,14E AiTYD DECLARITIG AN El., ERGANCY. BE IT ORDAINED BY THE CITY COUIML CF GEORGETOWN TEXAS: That for the year 1949, there shall be levied and collected an ad-valorum tax of one be 25/100 ( $1.25 ) dollars on each $100.00 in valuation of all property subject to taxation by the said City, under the constitution and lays of the State of Texas. That when said taxes are collected, same shall' he applied as follows: To the general fund, to pay the expenses of government of said City, one & 5/100 ('$1.05) dollars, from each $100.00 in valuation of said taxable property. To pay off and discharge, as same may become due, the prin- cipal and interest of all the unpaid bonds of the said City known as "Street Bonds* , twenty cents ( $0.20 ) on each $100.00 in valuation of said taxable property. That the fact that it is necessary to make prompt provisions. for the levying and collecting of taxes for the year 1949, creates an emergency and makes it necessary that the rules requiring that ordinance be read at three separate meetings before final passage be suspended, and that the said, rules are here suspended and ordered to take effect from its passage. Passed and approved this the 10th. dray of Zanuary A. D. 1949. U- or y VCGeorgetown, exas Attest: City Clerk, City of Georgetown, Texas. of of pr41��An�!3001�