HomeMy WebLinkAboutORD 708 - ORD Levying & Assessing Valorem TAX
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ORDINANCE- ^NO.:' 708- ',,:,:
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AN ORDINANCE LEVYING AND ASSESSING AN AD'VALOREM TAX
ON ALL TAXABLE PROPERTY WITHIN THE, CORPORATE LIMITS
OF TEE CITY OF WEST UNIVERSITY PLACE, TEXAS, FOR TEE
YEAR 1956, AND PROVIDING FOR TEE COLLECTION THEREOF.
BE IT ORDAINED BY TEE CITY COMMISSION OF TEE 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 per cent (1.78%)
of the assessed valuation of^such .property; or at the rate of One and sev-
enty-eight one hundredths Dollars ($1.78) on the One Hundred Dollar ($100.00)
assessed valuation for the year 1956.
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
(B) For current expense and operation of the
General Fund and its various departments
(C) For Tax Revenue Sinking Fund to pay the
principal and interest in the bonded in-
debtedness of the City as follows:
Amount Due
1936 Refunding Bonds .
1936 Refunding Warrants
1945 Refunding Bonds
1946 Street Paving & Bridge Bonds
1946 storm Sewer Bonds
1946 Public Park Bonds
1946 Fire Equipment Bonds
1948 Street Improvement Bonds
1948 Storm Sewer Bonds
1948 Garbage Disposal Bonds
1951 Refunding Bonds
1952 Refunding Bonds
1954 City Hall Bonds
1955 City Hall Bonds
Total Requirements
$ 31,267.50
2,585.00
17,535.00
16,320.00
1,702.50
1,415.00
287.50
8,505.00
3,517.50
1,597.50
10,880.00
19,612.50
19,250.00
4.472.50
, $138,947.50
Percent
22.503103
01.860415
12.619874
11. 745443
01.225283
01.018370
00.206913
06.121017
02.531532
01.149715
07.830295
14.115043
13.854153
03.218844
100%
i" ::
$ .03
o
1'1/
i \ l'
1.02
, \
.73
Dollars
.16427265
.01358103
.09212508
.08574173
.00894457
.00743410
.00151047
.04468342
.01848018
.00839292
.05716116
.10303981
.10113532
.02349756
.73
o
l
J
71'
Health Dept.
General Fund
Sinking Fund
.03
1.02
.73
TQtal Tax Rate - - - -
1.78 per $100.00 Assessed
Tax Valuation
Section 1. The Tax Assessor and Collector of the City of West University P~ace,
Texas, is ~ereby 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, tor the year 1956 at the rate herein provided.
PASSED A1ID APPROVED THIS TEE 27TH DAY OF AUGUST, 1956.
,
COMMISSIONERS VOTING AYF.! All
COMMISSIONERS VOTING NO: ~
~~.:.- .?/~~
MAYOR. City of West Univ sity Place.
Texas
ATl'EST: