HomeMy WebLinkAbout0198_1958AN ORDINANCE OF THE CITY OF GEORGETOWN, TEXAS,
LVMWG ADVALORMI TAXES FOR THE YEAR 1958, AND
DIRECTING THE COLLECTION AND DISTRIBUTION OF
SAID TAXES, AND DECLARING All MMGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF TETE CITY OF GEORGETOWN, TEXAst
That for the year, 19$8, there shall be levied and col
looted an advalorem tax of one & 25)JOO (/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 late day of January, 19580.
and at a 'tax rate of one & 25100 (#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 followas
1. To the General Fund, for the support and maintenance of the
government of thesaidCity 1.07 cents, of each one & 25%100 dollars,
oolleotod.
2. To the BondFund, of that series of 'bonds of the said City,
known as 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
Immm as Airport Bonds, 8 cents of each one & 25/100 dollars, colleetede
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 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 10 day oft/_.. - A. D. 1958.
Attest
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