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HomeMy WebLinkAboutORD 01.01.1940 - Tax 72-ATAX ORDINANCE FOR 1145 - AN ORDINANCE OF THE CITY OF GEORGETOWN TEXAS LEVYING AN AMALORUM TAX OF ONE & 10/100 D011"89 ON EACH ONE HUNDRED DOLLARS IN VALUATION ON ALL PROPERTY SUBJECT TO TAXATION BY THE SAID CITY, LOCATED WITHIN THE SAID CITY, ON THE FIRST DAY OF JANUARY A. D. 19400 AND PROVID- ING FOR THE COLLECTION OF THE SAM90 AND DI t6 ;:C RECTING THE APPROPRIATION OF SAME WHEN COLLEC- T389 AND DECLARING AN EMERGANCY. EB IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN TEXAS: That for the year of 1940 there shall be levied and collected an advalorum tax of One & 10/190 J$1.10) Dollars on each one hundred dollars in valuation, on all property subject to taxation by the said City, and located in the said City oS the 1st, day of January A. D. 1940, and that the money deri- ved from such taxation shall be expended as follows: (a) To pay the current expenses of administering the gov- ernment of the said City, as the same shall accrue, the sum sixty-five (891 cents on each one hundred dollars in property valuation, on 3 Vi A4i�T�i ��7 VVUNt7, a.iJV riiL "SW W.W1W.L"& AJVl\LN , • To pay the principal and interest as the same beo- unpaid remainder of the comes due, on the0onds of the said City, known as "STREET BONDS", twenty (20) cents on each one hundred dollars, • in property valuation. (W To pay the principal and interest as tt becomes due of the unpaid remainder of the bonds of the said City known as "PAVING BONDS", eighteen (184 cents on each one hundred dollars in property valuation.