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HomeMy WebLinkAboutORD 05.08.1922 - Levy Taxes for 1922AN ORDINANCE OF THE CITY OF G) 0RGa:TOZTN, TEXAS, AT1a,--'NDIAG ORDII•-- AI%TCE PASSED .ND APPr_OVED OIT THE 12TH DAY OF A. D. 1921; AND ENTITLED "i.N ORDIN.LNCE LEVYING TAX S FOR Th' CITY OF GLODG-L, -4.l TEXAS, FOR THE YEAR 1922" ; AND Cijj_-' T'ED AN E`ERGT:�NCY. BE IT ORDAII= BY THE CITY COUNCIL OF THE CITY OF GEORGETOi1,N, TEXAS, THAT AN 01�D INAN CE PASSED BY TEE SAID CITY ON TIM 12 TH , DAY OF DEC11dBER, 1921: 1d,.T �I�iTITIE:D"r1N ORDI TANCE IE'VYING TABS I'OR THE CITY OF GEORGETOYT, TEXAS, FOR TIM YEAR 1922 ;" BE SO At,.T NDr D AS TO HLEEY-FTER !MAD AS FOLLO-V.S: ,ACTION 1. That to meet the current expenses of the said City, in carrying on the government of the City, for the year of 1922, there shall be levied and collected an annual advalorum tax of tir;enty- five cents of the assessed valuation of each one hundred(„100.00) DOLLtiRS, of all real and personal property in the City of Georgetown, Texas, on the first day of January, 1922; except such property as may be exempt from taxation, -ender the constitution and lat-:"s of the State of Texas. SECTION II. To meet the current expenses of said City, in �,. ork- ing; grading and improving the streets and alleys of the said City, for the year 1922, there shall be levied and collected an annual ad- valorum tax of tventy cents on each one hundred($100.00)DOLLARS, as- sessed valuation, of all property, real and personal, in the said City on the first day of January, 1922; except such property as may be exempt from taxation under the constitution and lags of the State of Texas. SECTION III. To meet the current expenses of said City, in e- cuipping and maintaining the Fire Department of the said City, for the year of 1922,,there shall be levied and collected an annual ad- valorum tax of tti:enty cents on the assessed valuation of each one hundred($100.00)DOLLATS, of all property, real and personal, in the said City, on the first day of January 1922; except such property as may be exempt from taxation under the constitution and lags of the State of Texas. SECTION. IV. To pay the interest and create a sinking fund, to meet and pay $7,000.00 in unpaid bonds of the said City, known as the "City of Georgetown Refunding School Bonds", as evidenced by seven bonds in the sum of :1�p1,000.00 each, issued for the purpose of cancelling and in lieu of certain bonds, known as "Public School Bonds", as shown by ordinance of the said City, passed and approved Nove;lber 13th, 1905: there shall be levied and collected an annual advalorum tax for the year of 1922, of three cnets on each one hun- dred($100.00)DOLIAT",S, assessed valuation, of all property, real and personal, in the said City, on the first day of January 1922; except such property as may be exempt from taxation under the constitution and laws of the State of Texas. Said taxes to be used solely for said purpose. SECTION V. To pay the interest and create a sinking fund to meet the payment of $32,000.00 in unpaid bonds of the said City, ,nown as "City of Georgetown '�,ateT-Torks Bonds," as evidenced by thirty-two bonds in the sum of $1000:00, each, issued for the ur- e,�{y1 o-C1cef5CW�vjn T� orAltNances 1920 � °� pose of constructing a uatervorks plant in the said City, as shown by ordinance of the said City, passed �:,nd approved October 19th, 1910; there shall be levied and collected for the year of 1922, an annual ad- valcr:::m tax of twelve cents on each one hundred($100.00)DOLI,ARS, assess- ed valuation of all Yroperty real and personal, in the said City, on the first day of January, 1922; except such property as may be exempt from taxation under the constitution and laws of the State of Texas. The said taxes to be used solely for the said purpose. SECTION VI. To pay the interest and create a sinking fund :to meet and pay $13,000.00 in unpaid bonds of the said City, known as "City of Georgetown 2lectric Light Bonds," as evidenced by thirteen bonds in the sum of $1,000.00 each, issued for the purpose of construc- ting an electric light plant in the said City, as shown by an ordinance passed and approved by said City, October 18th, 1910; there shall be levied and collected an annual advalorum tax, for the year 1922, of five cents an each one hundred(:$100.00)DOLLARS, assessed valuation, of all property in the said City, real and personal, on the first day of Oan- uary,-1922; except such as may be exempt from taxation under the consti- tution and laws of the State of Texas. Said taxes to be used solely for the said purpose. SECTION VII. To pay the interest and create a sinking fund to meet and pay 113,000.00 in unpaid bonds of the said City, and -known as the "City of Georgetown `-aterworks Bonds, Second Series," as evidenced by twenty seven bends in the sum of $500.00 each, issued for the purpose of completing the waterworks plant in the said City, as shown by ordin- ance of the said City, passed and approved December 8th, 1913; there shall be levied and collected an annual advalorum tax for the year of 1922, of five cents on each one hundred($l00.00)DO1!.kRS, assessed valua- tion of all property, real and ,personal, in the said City, on the first day of January 1922; except such as may be exempt from taxaticn under the constitution and laws of the State of Texas. Said taxes so collected to be used solely for the said purpose. SECTION VIII. To pay the interest and create a sinking fund, to meet the payment of 85,000.00 in bonds, of the city of Georgetown, known as "City of Georgetown Street Bonds", the said bonds to be issued under and by virtue of an ordinance of the City of Georgetown, passed and approved on the loth day of April, A. v. 1922; providing for the issuing of the said bonds; and for the levying and collecting of a tax to pay the interest and create a sinking fund, to meet and pay same; there shall be levied and collected for the year 1922, an annual adval- orum tax of tt: enty-seven ce r-As on each one hundred($100.00 )DOLLARS , as- sessed valuation, of all real and personal property, in the City of Georgetown, on the first day of January of 1922, except such property as may be exempt from taxation, under the constitution and laws of the State of Texas. The said taxes so levied and collected shall be used solely for the said purpose. SECTION IX. That all ordinances and parts of ordinances in conflict herewith, are hereby repealed. SECTION X. That the fact that it is necessary to provide for the -levy and collection of taxes for 7 the City of Georgetown, Tex- as, in the manner herein' provided creates a public necessity and emer- gency and that therefore this ordinance shall take effect upon it's passage and approval. Passed and approved this the,8th day of May, A. D. 1922. L. J . DILUAITT . MAYOR, CITY OF GEORGETOWN, TEXAS. ATTEST: GEO KEAHEY, SECRETARY, CITY OF GEORGETO'N, TEXAS.