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HomeMy WebLinkAboutORD 857 Levying & Assessing Valorem Tax YR 1965 JJ!II!1t t 1fl6 'l." ' ORDINANCE NUMBER 857 AN O~DINANCE LEVYING AND ASSESSING AN AD VAWREM TAX ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS, FO~ THE YEAR 1965; AND PROVIDING FOR THE COLLECTION THEREOF. BE IT ORDAINED -'BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY PLACE; TEXAS: '- ",',' ' n 'LJ , Section 1. That there is hereby levied and assessed against all taxable property, both personal and real, vtithin the corporate limits of the City of West University Place, Texas, and there shall be collected by such city, a tax of $1. 78 on the one-hundred dollar ($100.00) assessed tax valuation for the year 1965. Section 2. Such tax is hereby levied and assessed in accordance with the terms and provisions of Section 1 of Article 21 of the City Charter of the City of West University Place, Texas, and ,the applicable Statutes of the State of Texas, such levy and assessment is made for the following purposes, to wit: (A) For the upkeep and maintenance of the Department of Health and Sanitation $ .05 (B) For current expense and operation of the General Fund anp. its various departments 1.20 (C) For Tax Revenue Sinking Fund to pay the prinCipal and interest on the bonded indebtedness of the city, as follows: .53 n : ,I ~ Name of Issue Amount Due Each Issue Refunding Bonds, Series 1936 Fire Fighting E~uipment Bonds, Series 1946 Street Paving and Bridge Bonds, Series 1946 Storm Sewer Bonds, Series 1946 Public Parks, Series 1946 Refunding Bonds, Series 1952 City Hall Bonds, Series 1954 Refunding Bonds, Series 1962 $30,660.00 205.00 18,540.00 932.50 837. 50 32,462.50 17,062.50 30,010.00 $130, 710.00 ;" Section 3. The TaX Assessor and Collector iQr, the City of West University Place, Texas is hereby directed to collect taxes on all of the property, both personal and real, within the corporate limits of the City of West University Place, Texas, for the year 1965, at the rate of $1. 78 on the one-hundred dollar ($100.00) assessed valuation as herein proyided;. PASSED AND APPROVED this the 23rd day of August, 1965 A~ST: /J ~~H'A I~ ///),1/ j) I Commissioners Voting Aye: All Commissioners Voting No: None ~Lu/~ . MAYut< n U