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Ord. 0361 08-22-77ORDINANCE N0. 361 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 1977 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 Seventy -Seven upon all property, real, personal, and mixed within the corporate limits of said City subject to taxation, a tax of One Dollar and Thirty Cents ($1.30) on each One Hundred Dollars ($100) valuation of property said tax being so levied and apportioned to the specific purposes herein set forth: (1) For the maintenance and support of the General Government (General Fund), the sum of $0.932 on each $100.00 valuation of property, and (2) For the Interest and Sinking Fund, the sum of $0.368 on each $100.00 valuation of property, to be apportioned as follows: Waterworks and Sewer System Series Imp. U/L Tax Bonds 1961 Waterworks and Sewer System Comb. Rev. and U/L Rfgd. Bonds 1963 Waterworks and Sewer System Improvement. Bonds 1964 General Obligation Bonds Waterworks and Sewer System Improvement Bonds 1966 General Obligation Bonds, Building Bonds, Waterworks and Sanitary Sewer Bonds 1968 General Obligation Bonds, Sanitary Sewer, Park Land Acquisition, Waterworks and Solid Waste Disposal Facilities Bonds 1975 Land Purchase Certificates of Obligation 1974 Street Improvement Time Warrants 1974 Waterworks Repairs Time Warrants 1975 Certificates of Obligation 1976 Certificates of Obligation 1976A 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 for 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 ,Q` day of Mayor ATTEST: c � City Secretary PASSED AND APPROVED on SECOND AND FINAL READING this a . day , A. D., 1977. 0044:-)4q, Cyput Mayor ATTEST:' City Secretary