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HomeMy WebLinkAboutORD 02.11.1952 - TaxAN ORDINANCE OF THE CITY OF G=GETOVIN TEXAS, LEVYING ADVALOMM TAXES FOR THE YEAR 1952* AND DIRECTING TBE COLLECTION AND DISTRIBUTION OF SAID TAXES, AND DE- CLARING AN EMERGENCY. BE IT ORDAINED BY TSE CITY COUNCIL OF THE CITY OF GEORGETon, TEXAS; That for the year, 19$2, there shall be levied and collected an advalorem 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 1952, and at s. tax rat© of one & 25/100 ($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 follcwss 1. To the General Fund, for the support and maintenance of the government of the said City 90 cents, of each one h 25/'100 dollars, collected, 2. To the Bond fund, of that series of bonds of the said City known as :Paving 'Bonds, 7 cents, of each one do 25/100 dollars, collected. 3. To the Bond Fund, of that series of bonds of the said City, known as Streat Bonds, 24 cents, of each one & 25/100 dollars collected. 4 To the Bond Fund,. of that Series of bonds, -of the said City known as Airport Bonds, 8 cents of each one &25/100 dollars collected. The fact that prompt preparation must be made for the assessing and collection of taxes for the year 1952, creates an emergency requiring the rules pro- aiding that an ordinance shall be read at three separate meetings before final pas- sage shall be suspended, and such rules are here and now suspended and this ordinance passod, and it is ordered that it take effect from and after its passage. it Passed and approved this the /� /,day of February A. D. 1952, Attests .L City' Secretary,, C of Georgetown, 'Texas. (_�*W'N 011TX 54 x t