Loading...
Ord. 0657 09-27-93ORDINANCE NO. 657 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 1993, 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 Ninety -Three upon all property, real, personal, and mixed within the corporate limits of said City subject to taxation, a tax of $0.71530 on each One Hundred Dollars ($100.00) valuation of property, said tax being so levied and apportioned to the specific purpose herein set forth: Series (1) For the maintenance and support of the General Government (General Fund), the sum of $0.40802 on each $100 valuation of property, and (2) For the Interest and Sinking Fund, the sum of $0.30728 apportioned as follows: Water and Sewer System Improvement Bonds 1964 General Obligation Bonds, Waterworks and Sewer System Improvement Bonds 1966 General Obligation Bonds, Municipal Building Bonds, Waterworks and Sanitary Sewer Bonds 1968 Refunding Bond (1982-1984) 1985 Improvement Bonds 1986 Improvement Bonds 1988 Refunding Bonds 1990 Series Certificate of Obligation 1991 Street Improvement Bonds 1992 Refunding Bonds 1993 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 the that 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 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. SED and APPROVED on FIRST READING this the /3 day of , 1993. Coppint-r ' Mayor ATTEST: JonesCity Secretary PASSED and APPROVED on SECOND AND FINAL READING 027 day of , 1993. ATTEST: Pat Jones//, City Secretary APROVED AS TO FARM: Lcster Roriok, -- cck. E'ttEgtg,-2rz.. ttorney C. V. Cop May, ORDINANCE NO. 657 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 Y� 1993, AND APPORTIONING EACH LEVY 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 support of the Municipal Government of collected for the nused, Teanxas, to provide Interest and Sinking Fun City of Pearland, Three upon ll Fund for the Year Nineteen Hundred mixed within the corporate limits of proerty, real, b, personal, of $0.71530 on each One saidnCity subject t0 0) valuation said tax being so a Hundred Dollars apportioned the s i specific property, herein set forth: levied and apportioned to the spe Series (1) For the maintenance and support of the General Government (General Fund), the sum of $0.4080n each $100 valuation of property, and Sinking (2) For the the sum oftanderest $0.30728apportioned as follows: Water and Sewer System Improvement Bonds 1964 General Obligation Bonds, Waterworks and 1966 Sewer System Improvement Bonds General Obligation Bonds, Municipal Building Bonds, Waterworks and 1968 Sanitary Sewer Bonds Refunding Bond (1982-1984) 1985 1986 Improvement Bonds 1988 Improvement Bands 1990 Refunding Bonds