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HomeMy WebLinkAboutORD 790 - ORD Levying & Assessing AD Valorem Tax year 1962 D J J .. ORDINANCE NO. 790 AN ORDINANCE LEVYING AND ASSESSING -AN AD VALOREMTa ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF WEST lJNIVERSITY PLACE, "TEXAS, FORM YEAR 1961, AND PEOVIDING FOR THE cm.LECTION THEREOF. BE :CT ORDAINED BY THE CITY COMMJ:SSION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: -31 Section 1. -That there is hereby levied and assessed against all taxable property, both personal and real:, wi thin 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%j of the assessed valuation of such property, or at the rate.of one and seventy-eight one hundredths dollars ($1.78) on the one hundred dollar($lOO.OO) assessed valuation for the year 1961. Section 2. Such tax is hereby levied and assessed in accordance with ~he terms and provisions of Sectionl'ofArticle 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 ~epartments ( C) For Tax Revenue Sinking Fund to pay the principal and interest on"" the bonded in- debtedness of the q'-tyas"follows:' , Refunding Bonds Refunding Warrants Refunding Bonds Fire Ft. Eqpmt. Bonds St.Pav. & Brdg. Bonds Storm Sewer Bonds Public Park Bonds Str. Imp. Bonds <$torm Sewer Bonds Garbage Diap. Bonds Refundi,ng Bonds Refunding Bonds City Hall Bonds City Hall Bonds Series 1936 " 1936 If 1945 If 1946 It 1946 ff 1946 " 1946 " 1948 " 1948 ft 1948 " 1951 If 1952 " 1954 " 1955 -,l.L~1-.... Amount Due $38,902.50 2,135.00 14,210.00 205.00 19,370.00 932.50 837.50 2,812.50 1,305.00 1,422.50 ll,860.00 ,20,087.50 18,562.50 3,033.75 $135,676.25 .. "'''''III.lllllllllli Percent 28.673035 01.573596 10.473463 00.1~094 14.276634 00.687298 00.617278 02.072949 00.961848 " 01.048452 08.741399 14.805468 13.681465 02.236021 $. .05, 1.16 .57 Dollars .1634364 .0089694 .0596989 .0008612 .0813769 .0039175 .0035184 .0118158 .0054825 .0059761 .0498259 .0843914 .0779843 .Q!~7453 100 % .57 ~f $1.18tax rate IUIIUllitl'L'! ! Ii nil .,1" LJ ,32 Section 3. 1he Ta.x Assessor and Collector of the City of West Universi.ty Place, Texas, is hereby directed to collect taxes on all of the property, both personal and real, within" the corporate limits of .the City ot'West University Place, Texas, for the yea!: 1961, at the rate herein provi.ded~ PASSED AND APPROVED THIS THE 28TH DAY OF AUGUST, 1961. COMMISSIONERS VOTING AYE COMMISSIONERS VOTING NO II :w ~ ~ ~*~ MAYOR City of West University Place, Texas ATTEST: ~~~ o o o