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HomeMy WebLinkAbout0005_0003-1- "City of Georg-town Waterworks Bonds", as evidenced by thirty- five $1,000.00 unpaid bands, i ssued for the purpose of construo- ting a waterworks plant in the City of Georgetown,Texas, as shown by Ordinance of this City,passed and approved on October 19th,1910, and as provided in said ordinanee,there is here and now levied and shall be collected for the year 1918 an annual ad valorem tax of 12 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 Constitution and Laws of the State of Texas, and the amount of taxes collected under the provisions of this section shall constitute a special fund and shall be used for no other pur- pose than that herein specified. Section 5; That to pay the interest and create a sinking fund to meet the $13,000.00 in bonds of this city, known "City of Georgetown Electric Light Bonds," as evidenced by thirteen $1,000.00 unpaid bonds, issued for the purpose of constructing as electric light plant in the City of Georgetown,Texas, as shown by ordinance of this city, passed and approved on October 18th,1910, and as provided in said ordinance, there is here and now levied and shall be collected for the year 1918 an annual ad valorem tax of five cents on the $100.00 assessed valuation for the year 1918 of all real and personal property and estate in the Clay of Georgetown, Texas, not exempt from taxation by the constitttion and Laws of the State of Texas, and the amount of taxes collected under the provisions of this section shall constitute a special fund and shall be used for no other pur- pose than that herein specified. Section 6; Thst to pair flim interest and create a sinking fund to meet the $13,000.00 in bonds of this city,known as the "City of Georgetown Water Forks Bonds, second Series," as evidenced by twenty- seven $500.00 unpaid bonds, i ssued for the purpose of completing the water works plant,in said city, as shown by ordinance of this city, passed and approved on Decem- ber ,1913, and as provided in said ordinance there is here and now levied and shall be collected for the year of 1918 an annual ad valorem tax of five cents on the $100.00 assessed valuation for the year 1918, of all real and personal property and estate in the City of °'eorgetown, Texas, not exempt from taxation by the constit,ition and laws of the State of Texas, and the amount of the taxes collected under the provisions of this seetion,shall constitute a special fund and shall be used for no other purpose than that herein specified. Section 7; That all orciinances,or parts of ordinances,of this Ci ty, in conflict herewith, be and the same are hereby re- pealed. e- pealad. It