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AN ORDINANCE OF THE CITY OF GEORGETOWN, TEXAS,
LEVYING ADVALOREM TAXES FOR THE YEAR 1958. AND
DIRECTING THE COLLECTION AND DISTRIBUTION OF
SAID TAXES, AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEOROVETOViN, TEXASs
That for the year, 1958, there shall be levied and col -
looted an advalorem tax of one & 25100 ($1.25) dollars, on all
property subject to taxation by said City, under the constitution
and laws of the State of lexas, as per the 1st, day of January, 1958,
and at a tax rate 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 follows=
1. To the General Fund,.for the support and maintenance of the
government of the said City 1.07 cents, of each one & 25/100 dollars,
collected.
2. To the Bond Fund, of that series of bonds of the said City,
known as Street Bonds, 10 cents, of each one & 25100 dollars,
collected.
3. To the Bond Fund, of that series of bonds of the said City
known as Airport Bonds, 8 cents of each one & 25100 dollars, collected.
The fact that prompt preparation must be made for the assessing
and collection of taxes for the year 1958, creates an emergency re-
quiring the rules providing that an ordinance shall be read at three
separate meetings before final passage shall be suspended, and such
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rules are here and now suspended and this ordinance passed, and it is
ordered that it take effect from and after its passage.
Passed and approved this the 10 day of Feb. A. D. 1958.
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CiGeorgetown, Texas,
City
Attest: