HomeMy WebLinkAboutORD 101 Levying taxes for 1935
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ORDINANCE NUMBER Lfl.1
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AN ORDINANCE LEVYING TAXES FOR THE YEAR 1935
, FOR AND W J!llHIN THE CITY OF WEST UNIVERSITY
PLACE, TEXAS, AGAINST ALL TAXABLE PROP:HRTY IN
SAID CITY FOR ALL MUNICIPAL PURPOSES AND PRO-
VIDING THAT SAID ORDINANCE TAKE EFFECT IMMED-
I.A.TELY.
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY
OF WEST UNIVERSITY PLACE:
SECTION 1.
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That there be and there is hereby levied against all
taxable property within the corporate limits of the City of
West University Place, Texas, as the same existed on the 1st
day of January, 1935, and ad valorem tax of and a t the rate
of One Dollar and Fifty Cents ($1.50) on each One Hundred
Dollars valuation of property in said City for the purpose
of raising revenue for all municipal purposes, for the year
1935, as provided by the Laws of this State.
Said tax is hereby segregated, and levied, more in
detail, for the following purposes, to wit:
(a) For the purpose of;paying interest and providing
sinking fund for the Three .H'lmdred and "Fifty Thousand Dollar
($350,000) Funding Bonds tb,at are dated on or about March
1st, 1927, , on each One Hundred Dollar
valuation of taxable property.
(b) For the purpose of paying interest and providing
sinking fund 'for the ~aym.ent of the Three Hundred and Twenty-
Six Thousand Dollar. (i326,0000) Funding Bonds that are dated
on or about January 1st, 1929,
on each one hundred dollar valuation of taxable property.
(c) For. the purpose of; providing for the payment of in..
terest and providing sinking fund for the payment for the
payment f'or the One Hundred and Forty Thousand, Eight Hundred
and Seventy-Seven Dollars and Seventy Eight Cents ($140,877.78),
dated on or about October lOth, 1931,
on each one hundred dollar valuation of taxable property.
(d) For the purpose of providing for the payment of interest
and providing sinking funds, for the payments of other legal
obligations
on the one hundred dollar valuation of taxable property.
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Aggregating One Dollar and Fifty Cents ($1.50) on
each One Hundred Dollar valuation on all takable property of
said City.
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There being no rule of this Comnission requiring
Ordinances to be read or passed at more than one meeting,
it is further ordained that this Ordinance take ef'fectand 0
be in force from and after its passage.
PASSED AND APPROVED this the \.5
A. D. 1935.
day Of~
MAYOR
ATTEST:
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SECRETARY
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