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HomeMy WebLinkAboutORD 05.08.1922 - Amending OrdinanceAN ORI) INANCE OF THE CITY OF GI-;O RGI:TOWN , TEXAS, ALIEND I NG 0 RD II,?- ANCE PA SLED 1.ND APPROVED ON THE 12TH DAY OF DEC)+I1=1R, A. D. 1921; AND ENTITLED "AN ORDINANCE I,111VYIRG TACKS FOR TI-E CITY OF GEO RGETWN , TEXAS, FOR TI YEAR 1922" ; AND Cttl_"' TED AN EI,1111, �' ,'NCY. BE IT ORDAIPMED BY `1'I]E CITY COUNCIL OF TILE CITY OF G ORGET'M,';N, Tl-,XAS, THAT AN 01HDINANCE1, PASSED BY TILE SAID CITY ON THE 12TH, DAY OF DEC1111,1 ' cR, 1921 : AND ;NTIT1,ED1111N ORDI i1 NCE I.I VYIIIG TAXES FOR THE CITY OF GE'OR(LTOV,1N, TEXAS, FOR TIM YEAR 1922;11 BE SO A1.JP1,'ND} D AS TO 1MRIP,1.I'TER IMAD AS 1+'Ol,:l,0't S : �'CT.�:UN 1. That to meet the current expenses of the said City, _, in carrying on the government of the City, for the year of 1922, there shall be levied and col.l_ected an anrnza:l advalorum tax of twenty- five cents of the assessed valuation of each one I;undred(�100.00) DOLLARS, of all real and personal property in the City of Georgetown, Texas, on the first day of January, 1922; except such property as may be exempt from taxation, under the constitution and laves of the State of Texas. SECTION II. To meet the current expenses of said City, in i;ork- ing; grading and improving the ,treets and alleys of the -ai.d City, for the year 1922, there shall be levied and collected an annual ad- valorum tax of ttii,enty cents on each one hundred($l00.00)DOLLARS, as- sessed valuation, of all property, real and personal, in the said City on the first day of January, 1922; except such property as may be exempt from taxation under the constitution and laws of the State of Texas. SECTION III. To meet the current expenses of said City, in e- quipping and maintaining the Fire Department of the said City, for the year of 1922,,there shall be levied and collected an annual ad- valorum tax of ti%enty cents on the assessed valuation of each one hundred (kOO.00 )DOLLARS , of all property, real and personal, in the said City, on the first day of January 1922; except such property as may be exempt from taxation under the constitution and laws of the State of Texas. SECTION. IV. To pay the interest and create a sinking fund, to meet and pay $7,000.00 in unpaid bonds of the said City, known as the "City of Georgetown Refunding School Bonds", as evidenced by seven bonds in the sum of $1,000.00 each, issued for the purpose of cancelling and in lieu of certain bonds, known as "Public School Bonds", as shown by ordinance of the said City, passed and approved November 13th, 1905: there shall be levied and collected an annual advalorum tax for the year of 1922, of three cnets on each one hun- dred(,$100.00)DOLLAtS, assessed valuation, of all property, real and personal, in the said City, on the first day of January 1922; except such property as may be exempt from taxation under the constitution and laws of the State of Texas. Said taxes to be used solely fax said purpose. SECTION V. To pay the interest and create a sinking fund to meet the payment of $32,000.00 in unpaid bonds of the said City, known as "City of Georgetown eater%,orks Bonds," as evidenced by thirty-two bonds in the sum of ,J�1000:00, each, issued for the 0 oiroNqncesg MZ0p'1qzPi 1 s-SA92z pose of constructing a vatervjorks plant in the said City, as shown by ordinance of the said City, passed �i.nd approved October 19th, 1910; there shall be levied and collected for the year of 1922, an annual ad- valorum tax of twelve cents on each one hundred($$100.00)DOLLARS, assess- ed valuation of all property real and personal, in the said City, on the first day of January, 1922; except such property as may be exempt from taxation under the constitution and laws of the State of Texas. The said taxes to be used solely for the said purpose. SECTION VI. To pay the interest and create a sinking fund to meet and pay $$13,000.00 in unpaid bonds of the said City, known as "City of Georgetown -nlectric Light Bonds," as evidenced by thirteen bonds in the sum of $1,000.00 each, issued for the purpose of construc- ting an electric light plant in the said City, as shown by an ordinance passed and approved by said City, October 18th, 1910; there shall be levied and collected an annual advalorum tax, for the year 1922, of five cents on each one hundred($100.00)DOLLARS, assessed valuation, of all property in the said City, real and personal, on the first day of Jan- uary, 1922; except such as may be exempt from taxation under the consti- tution and laws of the State of Texas. Said taxes to be used solely for the said purpose. SIXTION VII. To pay the interest and create a sinking fund to meet and pay �13,000.00 in unpaid bonds of the said City, and known as the "City of Georgetown 141.1aterworks Bonds, Second Series," as evidenced by twenty seven bends in the sum of $500.00 each, issued for the purpose of completing the waterworks plant in the said City, as shown by ordin- ance of the said City, passed and approved December 8th, 1913; there shall be levied and collected an annual advalorum tax for the year of 1922, of five cents on each one hundred(ti$100.00)DO'11ARS, assessed valua- tion of all property, real and personal, in the said City, on the first day of January 1922; except such as may be exempt from taxation under the constitution and laws of the State of Texas. Said taxes so collected to be used solely for the said purpose. SECTION VIII. To pay the interest and create a sinking fund, to meet the payment of `!$85,000.00 in bonds, of the City of Georgetown, known as "City of Georgetown Street Bonds", the said bonds to be issued under and by virtue of an ordinance of the City of Georgetown, passed and approved on the 10th day of April, A. D. 1922; providing for the issuing of the said bonds; and for the levying and collecting of a tax to pay the interest and create a sinking fund, to meet and pay same; there shall be levied and collected for the year 1922, an annual adval- orum tax of tv, enty-seven cents on each one Yiundred($$100.00 )DOLLARS , as- sessed valuation, of all real and personal property, in the City of Georgetown, on the first day of January of 1922, except such property as may be exempt from taxation, under the constitution and laws of the State of Texas. The said taxes so levied and collected stall be used solely for the said purpose. SECTION IX. That all ordinances and parts of ordinances in conflict herewith, are hereby repealed. SECTION X. That the fact that it is necessary to provide or the levy and collection of taxes for the City of Georgetown, Tex- as, in the manner herein provided creates a public necessity and emer- gency and that therefore this ordinance shall take effect upon it's passage and approval. Passed and approved this the 8th day of May, A. D. 1922. L. J. DIMMITT.— MAYOR, CITY OF GEORGETOWN, TEXAS. ATTEST: GEO KEAHEY, SECRETARY, CITY OF GEORGETOWN, TEXAS.