HomeMy WebLinkAboutOrdinance No. 118 ORDINANCE N0. 118
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT
OF THE MUNICIPAL GOVERNMENT OF THE CITY OF FRIENDS-
WOOD, TEXAS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS:
SECTION ONE: That there is hereby levied and there shall be collected
for the use and support of the municipal government of the City of
Friendswood, for the year nineteen hundred and sixty-eight (1968) , upon
all property; real personal and mixed, within the corporate limits of
said City subject to taxation; a tax of ONE DOLLAR ($1 .00) on each ONE
HUNDRED ($100.00) DOLLARS valuation of property, said property valu-
ation shall be SIXTY PERCENT (60%) of actual market value, based upon
the present tax roll , said tax being so levied for the specific purposes
herein set forth:
(1 ) For the maintenance and support of the general
government. (General Fund)
(2) For the retirement and expenses of the Municipal
Utilities Bonds. (Interest and Sinkinq Fund)
SECTION TWQ: All monies collected under this ordinance for the specific
items herein named, that the Assessor and Collector of taxes, the City
Treasurer and the City Secretary shall keep an account so as to readily and
distinctly show the amount on hand at any time belonging to such fund;
it is hereby made the duty of the Tax Assessor and Collector of taxes
and every person collecting money for the City of Friendswood, to deliver
to the City Treasurer and the City Secretary at the time of depositing
any monies, a statement showing such deposits have been made and from
what source received.
PASSED AND �PPROVED ON first reading the 2nd day of December , 1968.
PASSED AND APPROVED ON second reading the 16th day of December , 1968.
PASSED AND APPROVED ON third and FINAL reading the 6th day of �anuary
, 1969. �-
�5 °� I�- ;, r Y-'�-1;a j i c'f t�..
Ralph W. Somers, Mayor
ATTEST: � %'
•,,�,
• y ��
` � p s .
.J'��.
� ,� l ;r . ; +S ��
y=�,,� - � `! .�
Ci ty Secretary �,•., , �
.. � :
I♦�.,���`�������r
�"°�.,�� 1 f X�S
.;;,��,.,,,,�:�.