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HomeMy WebLinkAbout0199_1959AN ORDINAITCE OF TETE CITY OF GEORGETOWN, TM=, T,rMXG ADV'ALOMM TAXES FOR TH'Z YEAR 1959, AIM DIRECTING THE COLLECTION AND DISTRIBUTION OF SAID TAXES,, A -RD DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETM, TEXASs That for the year ,, 1959, there shall be levied and oat: lected an advalorem tax of one & 25/00 (01,25) dollars, on all property subject to taxation by said City, under the constitution and lays of the State of Texas, as ger the lat. day of January, 1959 and at a tax rate of one & 25/100 ($1.25) dollars on each one hundred 0100.00) dollars in valuation. That when the said takes, are collected, the sane shall be applied and paid out as follows: 1, To the General Futld, for the support and maintenance of the government of the said City 2.07 cents, of each one do 25/100 dollars. collected. 2. To the Bond Fund, of that series of bonds of the said City, known as Street Bonds, 10 cents, of each one & 25AO0, dollars, colleoted. 3. To the Bond Fund, of that series of bonds of the said City known as Airport Bonds, 8 cents of each one & 25f1OO dollars, collected. The fact that prompt preparation must be made for the assessing and collection of taxes for the year 1:959, 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 now suspended and this ordinance passed, and it is ordered that it take effect from and after its passage. Passed and approved this the _ 9 day of r,r,inr r A• D. 1959 City of Georg town, Texas.. :Attest: Secretary %j !R59 1