Loading...
HomeMy WebLinkAboutORD 12.12.1921 - Levying TaxesAN ORDINANCE LEVYING TAXES FOR THE CITY OF GEORGETOWN, TEXAS, FOR THE YEAR OF 1922. BE IT ORDAINED BY TtiE CITY COUNCIL OF THE SAID CITY OF GEORGES'OWN, TEXAS: SECTION 1. That to meet the current expenses of the said City, and to carry on the government of the said City, for the year of 1922, there shall be levyed and collected an annual advalorum tax of twenty- five cents of the assessed valuation of each one hundred($100.00)Dol- lars of all real and personal property in the City of Georgetown, Tex- as, 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. I 4, A3 S7;CTTON II. That to .vork, grade and improve the Streets and alleys of the said City, for the year of 1922, there shall be levyed and collect- ed an annual advalorum tax of thirty ,cents on each one hundred($100.00) i)ollars, 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 front Laxation under the constitution and laws of the State of Texas. SECTTON III.,,. That for the purpose of equipping and maintaining the .blire Department of the said Uity, for the year o 19.22, there shall be levied and collected an arinual advalorum tax of of, on the as- sessed valuation of each one hundred($100. 00) Dollars of all property, real and personal, in the said City on the first day of January 1922: except such property a may be exempt from taxation under the constitu- tion 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 Sb.hool Bonds", as shown by ordinance of the said City, passed and approved -L�ovez,.ber 13th, 1905; there shall be levied and collected an annual advalorum tax for the year of 1922, of three cents on each one hundred($100.00)Dollars, 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 for 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 Waterworks -Bonds", as evidenced by thirty-two bonds inthe sum of $1,000.00 each, issued for the purpose of constructing a waterworks plant in the said City-,, as shown by ordinance of the said City, passed and approved October 19th, 1910; there shall be levied and collected for the year of 1922, an annual advalorum tax of twelve cents on each one hundred( $100. 00) Dollars, assessed valuation, of all proper- ty real and personal, in the said City, onthe first day of January 1922; except such property as may be exempt from taxation under the constitu- tion 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 payctk �eor�ely n "ram 'ces V120 t9Z Iz-12- IIZ� $13, 000. 00 in unpaid bonds of the said City, known as "City of George- town Electric Light Bonds", as evidenced by thirteen bonds in the sum of $1, 000.00 each, issued for the 'purpose of constructing an electric light plant in the said City, as shown by an ordinance passed and approv ed by said city, October kith, 1910; there shell be levied and collect- ed an annual advalorum tax, for the year of 1922, of five cents on each one hundred($100.00)D611ars, assessed valuation, of all property in the said City, real and personal, on the first day of January 1922; except such as may be exempt from taxation under the constitution and liras of the btate of 'Texas, Said taxes to be used solely for the paid purpose. SECTION VII. To pay the interest and create a sinking fund to meet and pay $13,000.00 n unpaid bonds of the said City, and known as the "City of ueorgetown Naterworks Bonds, Second Series", :as evidenced by twenty- seven bonds in the sum of $500.00 each, issued for the purpose of com- pleting the waterworks plant in the said City, as shown by ordinance of the said City, passed and approved December 8th, 1913; there shall be levies and collected an annual advalorum tax for the year of 1922, of five cents on each One' Hundred( $100.00) Dollars , assessed valuation of all property, real and personal, in the said City on the first day of January 1922; except such ar ray be exempt from taxation under the con- stitution and laws of the State of Texas, Said taxes so collected to be ued solely for the said purpose. SECTION VIII. That all ordinances of the said City, in conflict herewith are hereby repealed. PASSED AND APPROVED, this the 12th day of December, A. D. 1921. Jno. R.Shar]2e, Mayor, City of ueorge own, Texas. ATTESTED: Geo Keahay. Secretary, City oF Georgetown, Texas. "- I.