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HomeMy WebLinkAbout0197_1956AN ORDINANCEOF THE CITY OF GEORGETO'YN', TEXAS, isvYING ADVALOREM TAXES FOR THE YEAR 1956, AND DIRECTING THE COLLECTION AND DISTRIBUTICH .OF SAID TAXES, AND DECLARING AN MWGENCY. BE IT ORDAINED BY EM CITY COUNCIL OF THE CITY OF GEORGETOM, TEXASt That for the year, 1956, there shall be levied and col - looted an advalorem tax of one & 25/100 (#1.25) dollars, on all property subject to taxation by said City, under the constitution and laws of the State of Texas, as per the lot day of January ,1956, and at a tax rate of one & 25/100 (41.25) dollars on each one hundred ($100,00) dollars in valuation. That when the said taxes, are collected, the same shall be appliedandpaid out as follows& 1. To the General Fund, for the support and maintenance of the government of the said City 1.07 cents, of each one & 25/%00 dollars, colleoted. 2. To the Bond Fund,of'that series of bonds of the said City, knoarmas Street Bonds; 10 cents, of each one & 25/100 dollars, collected. 3. To the Bond Fund, of that series of bonds of the .said City known as Airport Bonds, 8 cents of each one do 2$/]00 dollars, oollnoted. The fact that prompt preparationmust be made for the assessing and collection of taxes for the year 1956, creates an emergency re quiring the rules providing that an ordinance shall be read at three separate meotlAgs before final passage shall be suspended, and such rules are here and noir suspended and this ordinance passed, and it is .ordered that it take effect ,from and after its passage. Passed and approved this the / 3 _ day of .A. D. 1956. Attests Secre axy *f-eAn. t./ ot Georgetown, Texas z C�.rora+�n Cy