Ord. 0984 08-28-2000ORDINANCE NO. 984
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 2000, 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 Two Thousand upon all property, real,
personal, and mixed within the corporate limits of said City subject to taxation, a tax
of $0.6950 on each One Hundred Dollars ($100.00) valuation of property, said tax
being so levied and apportioned to the specific purpose herein set forth:
(1) For the maintenance and support of the General Government (General
Fund), the sum of $0.4350 on each $100 valuation of property, and
For the Interest and Sinking Fund, the sum of $0.2600 apportioned as
follows:
Series
Certificates of Obligation 1991
Street Improvement Bonds 1992
Refunding Bonds 1993
Certificates of Obligation 1995
Certificates of Obligation 1997
Certificates of Obligation 1997A
Certificates of Obligation 2000
Certificates of Obligation 2001
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ORDINANCE NO. 984
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
Director of Finance, 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 Director of Finance 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 for the City not specifically
apportioned by this ordinance are hereby made payable to the General Fund of the
City.
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 the 28 day of
August , A.D., 2000.
TOM REID
MAYOR
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ORDINANCE NO. 984
ATTEST:
PASSED and APPROVED ON SECOND AND FINAL READING this the 11 day
of September , A. D., 2000.
ATTEST:
UNG
Y S:f%'ETARY
APPROVED AS TO FORM:
13.4AL IL( ,
DARRIN M. COKER
CITY ATTORNEY
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TOM REID
MAYOR