Loading...
Ord. 0577 09-11-89ORDINANCE NO. 577 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 1989; APPORTIONING EACH LEVY FOR THE SPE- CIFIC PURPOSE AND PROVIDING FOR AN EFFECTIVE DATE. 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 Eighty -Nine upon all property, real, personal, and mixed within the corporate limits of said City subject to taxation, a tax of eighty-two and a half cents (.825(1) on each One Hundred Dollars ($100.00) valuation of property, said tax being so levied and apportioned to the specific purposes herein set forth. Series (1) For the maintenance and support of the General Government (General Fund), the sum of $0.340 on each $100 valuation of property, and (2) For the Interest and Sinking Fund, the sum of $0.485 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 General Obligation Bonds, Sanitary Sewer, Parkland Acquisition, Waterworks, and Solid Waste Disposal Facilities Bonds 1975 Certificate of Obligation 1976 General Obligation Bonds 1978 Waterworks System - Certificate of Obligation 1981 Refunding Bonds (1982 & 1984) 1985 Improvement Bonds 1986 Rescue Vehicle 1987 Landfill - Certificate of Obligation 1988 Improvement Bonds 1988 1 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 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 an day of ATTEST: AA- , A. D., 1989. City Seijretary Mayor 2 PASSED ANDANAPPROVED�"'�on second and final reading this day of L hA,',y„v�rri� , A. D., 1989. ATTEST: City Segketary APPROVED AS TO FORM: City Attorney // Mayor 3