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HomeMy WebLinkAboutOrdinance No. 193 ORDINANCE N0. 193
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE
MUNICIPAL GOVERNMENT OF THE CITY OF FRIENDSWOOD, TEXAS
BE IT ORDAINED BY THE CITY GOUNGIL OF TH.E CITY OF FRIENDSWOOD, STATE OF TEXAS:
Section One: That there is hereby levied and there shall be col1ected
for the use and support of the municipal government of the City of Friends-
wood, Texas for the year nineteen hundred and seventy-three, upon a11 property,
real, persona1 and mixed, within the corporate limits of the said City subject
to taxation, a tax of ONE DOLLAR ($1 .00) on each ONE HUNDRED ($100.OQ)
DOLLARS valuation of property. Said property valuation sha11 be SIXTY PERCENT
(60%) of actual market valuey based upon the present tax roll , and said tax
shall be so levied for the specific purposes herein set forth:
(1) For the maintenance and support of the genera1
government (General Fund) 85 %
(2) For the retirement and expenses of the Municipal
Uti�ities Bonds (Interest and Sinking Fund) 15 %
Section Two: That the Assessor and Collector of Taxes, the City Treasurer,
and the City Secretary shall keep an account of all monies collected under
this ordinance for the specific items herein named, 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 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.
Section Three: There is hereby declared to exist an emergency re-
quiring the passage of this ordinance prior to the beginning of the October 1
Fiscal Year.
PASSED, APPROVED, AND ADOPTED on this the lOth day of September, 1973�
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1
Mayo a p L. Lowe
ATTEST:
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