HomeMy WebLinkAboutOrd 144 - levying taxes for 1938
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ORDINANCE NO. 144.
AN ORDr'lANCE LEVYING TAXES FOR THE YEAR 1938
FOR AND WITHIN THE CITY OP vVEST U1~IVERSITY
.PLACE, TEXAS, AGAINST ALL TAXABLE PROPERTY
WITHIN SAID CITY FOR ALL MUNICIPAL PURPOSES
Al\lD PROVIDING THAT THIS ORDINANCE TAKE EFFECT
IMMEDIATELY.
BE IT ORDAINED BY THE BOARD OF CONWIISSIONERS OF THE CITY OF
WEST UNIVERSITY PLACE:
Section 1.
That there be and there is hereby levied against all
taxable property within t~e Gorporate limits of the City of
West University ~lace, Texas, as the same existed on January
1, 1938, an ad valorem tax of and at the rate of $1.50 on
each $100.00 valuation of property against the property in
said City for the purpose of raising Devenue for all munici-
pal purposes for the year 1938 as provided by the laws of
this State.
Se'c tion2.
Said tax is hereby segregated and levied more in de-
tail as follows:
(1) For the purpose of paying interest and providing a
sinking fund for the ~800,000.00 refunding bonds dated on
or about April lOth, 1936, on each $100.00 valuation of
taxable property. ?4.7
(2) For th~ purpose of paying interest and providing a
sinking fund for the payment of $84,000.00 refunding
warrants dated on or about April 10, 1936, on each ~lOO.OO
~aluation of taxable property_ ~~~
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(3) For the purpose of providing funds for
penses of the City, on each ~100.00 valuation
property_
current ex-
of tafCable
64.8
Aggregating $1.50 on each $100.00 valuation on aJl
taxable property of said City.
Section 3.
There being no rule of the Board of Commissioners re-
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quiring ordinances to be read or passed at more than one meeting,
it is further ordered and ordained that this ordinance take
effect and be in force immediately from and after its passage and
approval.
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PASSED by unanimous
August, A. D. 1938.
AT~
CIT' CRETARY.
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