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HomeMy WebLinkAboutORD 649 - ORD Levying & Assessing Valorem Tax & Property Tax Year 1953 = ]-- [.- ...r..~l~ , I 172- ORDINANCE NO. 649 AN ORDINANCE IEVYING AND ASSESSING AN AD VALOREM TAX ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF W$ST UNIVERSITY PLACE, TEXAS, FOR THE YEAR 1953, AND PROVIDING FOR THE COLLECTION THEREOF. ;1 I !~J BE IT ORDAINED BY 'THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. That there is hereby levied and assessed against all taxable property, both personal and real, within the corporate limits of' the City of West University Place, Texas, and there shall be collected by such city a tax of' one and seventy-eight one hundredths percent (1.78%) of the assessed valUation of' such property, or at the rate of One and seventy- . eight one hundredths Dollars ($1.78) on the One Hundred Dollar ($100.00) assessed valuation for the year 1953. Section 2. Such tax is hereby levied and assessed in accordance with the terms and provisions of Section 1 of Article XXI of the City Charter of' the City of West University Place, Texas, and such levy and assessment is made: (A) . For the upkeep and maintenance of' the Department of Health and Sanitation - - - - - - - - - - - - - - - $ .040 (B) For current expense and operation of' the General Fund and its various departments - - - - - - - - - 1.110 ~ (C) For Tax Revenue Sinking Fund to pay the principal and interest on the bonded indebtedness of the City as f'ollows: Issue Amount Due Percent Dollars 1936 Refunding Bonds $ 30,630.00 26.43252 .1665249 1936 Refunding Warrants 4,990.00 04.30618 .0271289 1945 Refunding Bonds 16,402.50 14.15473 .0891748 1946 Street Paving & Bridge Bonds 15,250.00 13.16017 .0829091 1946 Storm Sewer Bonds 1,702.50 01..46919 .0092559 1946 Public Park Bonds 1,415.00 01.22109 .0076929 1946 Fire Equipment Bonds' 287.50 00.24810 .0015630 - 1948 Street Improvement Bonds 8,925.00 07.70193 .0485222"- 1948 Storm Sewer Bonds 3,727.50 03.21669 . 0202652 '---- 1948 Garbage Disposal Bonds 1,702.50 01.46919 .0092559 1951 Ref'unding Bonds 10,410.00 08.98343 .05q5956- 1952 Ref'unding Bonds 20.4'-17.50 U. 6 ~678 .1111117 $115,880.00 j 100% .63~, Total Tax Rate $1.78 0 Section '-1. The Tax Assessor and Collector of the City of West [J n '->.-' ~l, ! f I [ ~. University Place, Texas, is hereby directed to collect taxes on all of' the property, both personal and real, within the corporate limits or the City of' West University Place, Texas, for the year 1953, at the rate herein provided. . . PASSED AND APPROVED this the 24th day of'August, A. D., 1953. COMMISSIONERS All COMMISSIONERS None A~~~. .....~..... ..' CITY SEC '. .. . . .L~: ::J...__~_::__~__~[ . -. I VOTING AYE. VOTING NO. .~ . ~.'."h '. ' ~ r/~ MAYOR OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS ____~_ _.. 1h 17a,.