HomeMy WebLinkAboutOrdinance No. 103 ORDINAI�tC�� N0. /���
AN ORDINANC'� L�,VYING TAXES FOR Thr US� AND SUPPORT
OF THE NNNICIPAL GOV�'R 1 ,�NT OF THF�' CITY CF FRIENDSWOOD,
T��XAS.
BE IT ORDAINED BY THT CITY COUNCIL OF THE CITY OF FRI�'NDStd00D,
T"�XAS:
S�CTION ON�': That there is hereby levied and there shall be collected
for the use and support of�he municipal govArnment of the City of
Friendswood, for• the year nineteen hundred and sixty-eight (Zg68),
upon all property; real personal and mixed, within thP corporate
limits of said City subjPct �o taxation; a tax of ONE ( p1.00) DOLLAR
ON EACH OI�T'�. HUNDRED (�100.00) DOLLARS valuation of property, saic�
property valuation shall be SIXTY (60f) PER CENT of actual marke� value,
based upon the present tax roll, said tax being so Ievied f'or the
specific purposes herein set for'ch:
(1) For the maintenance and suppor'c of the general governm?nt.
(General Fund )
(2) For the rPtirement and expenses of the Municipal Utilities
Bonds. ( Interest and Sinking Fund )
SECTION TWO: Al1 monies collec�ed under this ordinance for the
specif ic items herein named, that the 4ssessor an.d Collector• o#' taxes,
the City Treasur•er and thP City SecretarsT shall keep an account so as
�o readilyT and distinctly show thp amount on hand at any time bAlon�ing
to such :�und; it is hereby made the duty of �ne Tax Assessor and Collec�or
of taxes and every p�rson collecting monpy f'or thp City of Friendswood,
. to deliver to the City Treasux��r and the City Secr•�tary at th� tim� of
depositing any moni�s, a stat�mer.t showing such deposi'cs have bPen made
and fr•om wha'c source received. �
PASSED AND �PPROV�'D on first reading the � day of September,A.D. ,lo67.
PASSED AND APPRO�D on sAcond reading the � day of Sep'cember,A.D. ,19�7.
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`��. 'S'��, APPROVED on thi�d and FINAL reading �he o2� day of' October,
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Artha Wright - City Sec ary