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HomeMy WebLinkAbout0203_1962AN ORDINANCE OF THE CITY OF GEORGETOWN, TEXAS LEVYING ADVALOREM TAXES FOR THE YEAR 1962s AND DIRECTING THE COLLECTION AND DISTRIBUTION OF SAID TAXES, AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: That for the year, 1962, there shall be levied and collected. ad advalorem tax of . dollars, on all property subject to taxation by said Cityunder-IFF constitution and laws of the State of Texas for the year 1962 and at a tax rate of 'b t1 gollars on each $100.00 in valuation That when the said taxes, are collected, the same shall be applied and paid out as follows.- 1. ollows: 1. To the General Fund, for the support and maintenance of the government of the said City— .S 7 - dollars, of each .04* dolleps collected. 2. To the Bond fund of the series of bonds of the City known as Airport Bonds Series of 1941 and Series 1945 .a cents, of each .60 �- dollars collected. The fact that prmmpt preparation must be made for the assessing and collection of taxes for the year 1962, creates an emergency requiring the rules providing that an ordinance shall be read at three separate meetings before the final passage shall be suspended, and such rules are ahere now suspended and this ordinance passed, and it is ordered that it take effect from and after its passage. Passed and approved this the 9th day of ATTEST: Secretary. lnr.a rq�