Ord. 0384 08-28-78ORDINANCE NO. 384
AN ORDINANCE LEVYING TAXES FOR. THE USE AND SUPPORT OF
THE MUNICIPAL GOVERNMENT OF THE CITY OF PEARLAND, TEXAS,
AND PROVIDING FOR THE INTEREST AND SINKING FUND OF THE
TAXABLE YEAR 1978 AND APPORTIONING EACH LEVY FOR THE
SPECIFIC PURPOSE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
SECTION 1. That there is hereby levied and there shall be collected
for the use and support of the Municipal Government of the City of Pearland, Texas,
and to provide interest and sinking fund for the year Nineteen Hundred and Seventy
Eight upon all property, real, personal, and mixed within the corporate limits of
said City subject to taxation, a tax of Ninety -Five Cents (95*) on each One
Hundred Dollars ($100) valuation of property said tax being so levied and appor-
tioned to the specific purposes herein set forth:
(1) For the maintenance and support of the General Government
(General Fund), the sum of $0.6481 on each $100.00 Dollar
valuation of property, and
(2) For the Interest and Sinking Fund, the sum of $0.3519 on
each $100.00 Dollar valuation of property, to be apportioned
as follows: Series
Waterworks and Sewer System Imp. U/L
Tax Bonds 1961
Waterworks and Sewer System Comb. Rev.
and U/L Rfgd. Bonds 1963
Waterworks and Sewer System Improvement Bonds 1964
General Obligation Bonds Waterworks and
Sewer System Improvement Bonds 1966
General Obligation Bonds, Building Bonds,
Waterworks and Sanitary Sewer Bonds 1968
General Obligation Bonds,. Sanitary Sewer,
Park Land Acquisition, Waterworks and Solid
Waste Disposal Facilities Bonds 1975
Land Purchase Certificates of Obligation 1974
Street Improvement Time Warrants 1974
Waterworks Repairs Time Warrants 1975
Certificates of Obligation 1976
Certificates of Obligation 1976A
SECTION 2. All monies collected under this ordinance for the specific
items therein named, be and the same are hereby appropriated and set apart for
the specific purpose indicated in each item and that the Assessor and Collector
of Taxes, the City Treasurer and the City Manager shall so keep these accounts
as to readily and distinctly show the amount collected, the amounts expended,
and the amount on hand at any time belonging to such funds. It is hereby made.
the duty of the Tax Assessor and Collector of Taxes and every person collecting
money for the City of Pearland to deliver to the City Treasurer and the City
Manager at the time of depositing of any monies, a statement showing to what
fund such deposit should be made, and from what source received. All receipts
i
for the City not specifically apportioned by this ordinance are hereby made
payable to the General Fund for the City.
1 SECTION 3. That this ordinance shall take effect and be in force from
and after its passage on second and final reading.
PASSED AND APPROVED on FIRST READING this /4( day of
A. D., 1978.
ATTEST:
ity Secretary
PASSED AND APPROVED on SECOND=AND_FINAL READING this ,g,' day of
6/21 1G ,�,c4_ — , A. D., 1978.
ATTEST: