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Ord. 1328 2007-09-17 ORDINANCE NO. 1328 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 2007 AND DECLARING AN EMERGENCY. 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 Six upon all property, real, personal, and mixed within the corporate limits of said City subject to taxation, a tax of $0.6526 on each One Hundred Dollars ($100.00) valuation of property, said tax being so levied and apportioned for the specific purpose herein set forth: (1) For the maintenance and support of the General Government (General Fund), the sum of $0.2503 on each $100 valuation of property, and (2) For the Interest and Sinking Fund, the sum of $0.4023. 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 ORDINANCE NO. 1328 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 4th day of September, A.D., 2007. "",~'I"':~111"A'I"'J)h ,'<~1), (<~;>~:~~ _l~~ TOM REID MAYOR PASSED and APPROVED ON SECOND AND FINAL READING this the 1 ih day of September, A. D., 2007. """"~'~'"'''''''''' /' S~,"\L4t\i<:>,.... /~~*....""".:\&\ '::>. 'C/); ~";. (...)-.-. .f ! ',"'. ..-.: I, ., ...-,:0.. "" "'" ,...,",..~...... =~~ TOM REID MAYOR APPROVED AS TO FORM: WA~- '~ It. Gf DARRIN M. COKER CITY ATTORNEY 2