HomeMy WebLinkAboutORD 02.12.1951 - Levy Taxes for 195138
TEXAS:
AN ORDINANCE OF THE CITY OF GEORGETOWN, TEXAS, LEVYING
AD VALORTM TAXESFOR THE VAR 1951, AND DIRECTING THE
COLLECTION AND DISTRIBUTION OF SAID TAXRS, AND DECLARING
AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGEW0 N,
That for the year, 1951, there shall be levied and collected
an advalorem tax of one & 25/100 ($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 1st, day of January 1951, and at a
tax rate of one do 25100 ($1.25) dollars on eao# one hundred $100.00)
dollars in valuation.
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That when the said taxes, are collected the same shall be applied
and paid out as follows:
1. To the General Fund for the support and maintenance of the
government of the said City 100 cents of each one & 25100
dollars collected.
2. To the Bond Fund, of that series of bonds of the said City
known as Paving Bonds, 7 cents of each one & 25100 dollars
collected.
3. To the Bond Fund, of that series of bonds of the said City,
known as Street Bonds, 10 cents, of each one & 25100
dollars collected.
4. To the Bond Fund, of that series of bonds of the said City
Down as Airport Bonds, S cents of each one & 25100
dollars collected.
The fact that prompt preparation must be made for the assessing
and collection of taxes for the year 1951, creates an emergency requiring
the rules providing that an ordinance shall be read at three separate
meetings before final passage shall be suspended, and such rulestare 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 12th day of February A.D. 1951*
Attest:
City Secretary, City of George own,
Tex& s.