Ord. 0639 08-24-92ORDINANCE NO. 639
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 1992, 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 -Two upon all
property, real, personal, and mixed within the corporate limits
of said City subject to taxation, a tax of $0.797 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 $0.40078 on each $100 valuation
of property, and
(2) For the Interest and Sinking Fund, the
sum of $0.39622 apportioned as follows:
Water and Sewer System Improvement Bonds 1964
General Obligation Bonds, Waterworks and
Sewer System Improvement Bonds 1966
General Obligation Bonds, Municipal Build-
ing Bonds, Waterworks and Sanitary Sewer
Bonds 1968
General Obligation Bonds, Sanitary Sewer,
Parkland Acquisition, Waterworks, and
Solid Waste Disposal Facilities Bonds 1975
General Obligation Bonds 1978
Waterworks System - Certificate of Obliga-
tion 1981
Refunding Bonds (1982 & 1984) 1985
Improvement Bonds 1986
Landfill - Certificate of Obligation 1988
Improvement Bonds 1988
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Refunding Bonds 1990
Certificate of Obligation 1991
Street Improvement Bonds 1992
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 Col-
lector 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.
PASSED, APPROVED and ADOPTED on first reading this
day of , A.D., 1992.
ATTEST:
C
Pat Jones,
Secretary
/d
C.V. Coppinn Mayor /
PASSED, APPROVED, and ADOPTED on second and final reading
this cal/ day of , A.D., 1992.
ATTEST:
Pat Jones, ty Secretary
APPROVED AS TO FORM:
Lester Rorick, City Attorney
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