HomeMy WebLinkAbout0200_1960AN ORDINANCE OF THE CITY OF GEORGETOWN, TMUS,
Tmm ADVALORM TAXES FOR THE YEAR 1960, .AIID
DIRECTING THE COLLECTION AND DISTRIBUTION OF
SAID TAXES, AND DECLARING AN MMGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TERASS
That for the year, '1960, there shall be levied and col -
looted an advalorem tax, of one & 251100 ( $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 Ist• day of January, 1960
and at a tax, rate of one & '251100 ($1.25) dollars on each one hundred
($100.00) dollars in valuation.
That when thesaidtaxes, are collected, the same shall be applied
and paid out as followss
1. To the General Fund, for the support and maintenance of the
government of the said City 1.07 cents, of each,one & 25/100 dollarso
collected.
2. To the Dond Find, of tha.0 series of bonds of the said City,
known as Street Bonds, 10 cents, of each one & 251100 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 & 251100 dollars, collected.
The Fact that prompt preparation must be made for the assessing,
and collection of taxes for the year 1960, creates an emergency re-
quiring the rules providing that an ordinance shall be read at three
separate mgetings 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 fromandafter its passage.
Attests
Secretary
Passed and approved this 8._ day of February A. D. 1900•
mayor
. -'City{ of 'Georgetowns 'Texas'.
Ceort�.o w
19G0