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HomeMy WebLinkAbout0314_312012 ORDINANCE OF THE CITY OF GEORGETOWN, TEXAS, LEVYING ADVALOREM TARES FOR THE YEAR 1963, AND DIRECTING THE COLLECTION AND DISTRIBUTION OF' SAID TAXES AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TERAS. That for year 1963, there shall be levied and collected an advglorem tax of sixty five cents ( .615X) on all property subject to taxation by said City wader the constitution and laws of the State of 'Texas, for fiscal year ( Jan. let, 1963, to'Debembbr 31st; 1963, and at a tax rate of (.65�) on each One Hundred (1100.00) Dollars in valuation. That when said taxes are collected the same be applied and paid out ae fol'lowss Is, To the General Fund for support and maintenenoe of the said City, Fifty Seven Cents (.57�) of each sixty five (.65.4�) collected. 2. To the Bond Fund of that series of Bonds of the said City, known as Airport Bonds, three (.03¢) of each sixty five (.60) collected. 3. Tolthe Bond Fund of that series of Bonds of the said City known as Street improvement bond series 1963. Five(.05�) of each sixty five (,650 collected. The fact that prompt preparation must be made for the assessment and collection of taxes for the year 1963, ornated an emergency rAquiring the rules providing that an ordinance shall be read at three separate meetings before final passage shall be suspended, and such rules are here and now suspotrded and this ordinance passed, and it is ordered that it take effect from -and after its passage. Passed and approved this 12 day of august, 1963 - Attests e6fi ary Mayor, City o eorge own, Texas. a�.