HomeMy WebLinkAbout0004_0002AN ORDINANCE IZNIITG TAXES Fr)R THE CITY OF GEORGETOWN, TEXAS,
FOR THE YEAR 1918.
Be It ordained by the City Council of the City of Georgetown,
Texas;
section 1;
That to meet the current expenses of the City of
Georgetown,Texas, and to carry on the City Government of said
City for the year of 1918, there is here and now levied and
shall be collected an annual ad valorem tax of twenty-five
cents of the $100.00 assessed valuation for the year 1918,of
all real and personal property and estate in the City of George-
town,Texas, not exempt from taxation by the constitution and
laws of the State of Texas.
Section 2;
That to work and grade and improve the streets
of the said City of Georgetown,Texas, for the year 1918, there
is here and now levied and shall be collected an annual ad
valorem tax of fifteen cents on the $100.00 assessed valuation
for the year of 1918 of all real and personal property and es-
tate in the said City of Georgetown, Texas, not exempt from tax-
ation by the constitution and laws of the State of Texas.
Section 3=
That to pay the interest and create a sinking fund
to meet the $7,000.00 in bonds of the City kflown as "The City
of Georgetown Refunding School House Bonds" as evidenced by
eight (7) $1,000.00 unpaid bonds, issued for the purpose of
refunding, cancelling and in lieu of certain bonds known as
"Public School Building Bonds" as shown by ordinance of this
City, passed and approved on November 13th,1905, such ordinance
being sections 117 to 129, inclusive, of the Revised Civil and
Criminal Ordinances of the City of Georgetown,Texas, and as
approved in said ordinance there is here and now levied and
shall be collboted for the year 1918 an annual ad valorem tax
of three cents on the $100.00 assessed valuation for the year.
1918, of all real and personal property and estate in the City
of Georgetown,Texas, not exempt from taxation by the Constitu.
tion and Laws of the State of Texas, and the amount of taxes
collbdted under thgprovisions of this section shall be used
for no other purpose than herein specified.
Section 4;
That to pay the interest and create a sinking
fund to meet the 032,000.00 in bonds &f this City known as