Ord. 0295 08-26-74ORDINANCE NO. 295
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 FOR THE TAXABLE YEAR 1974 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 -Four 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 ($100.00) 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 $0.910
on each $100.00 valuation of property, and
(2) For the Interest and Sinking Fund, the sum of
$0.390 on each $100.00 Dollar valuation of property,
to be apportioned as follows:
Waterworks and Sewer System Imp.
U/L Tax Bonds
Waterworks and Sewer System Comb,
Rev and U/L REGD. Bonds
Waterworks and Sewer System Imp.
Bonds
Texas General Obligation Bonds
Waterworks and Sewer System Imp.
Bonds
1961
1963
I.964
1:966
Texas General Obligation Bonds
Municipal Building Bonds, Waterworks,
and Sanitary Sewer Bonds 1968
Waterworks Improvement Warrants 1972
Street Improvement Warrants 1972
Land Purchase Certificates of
Obligation 1973
Land Purchase Certificates of
Obligation 1974
Street Improvement Warrants 1974
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
amount expended, and the amount on hand at any time belonging to
such funds. It is hereby made the duty of the 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,
-) 4= - day
PASSED AND APPROVED on first reading this
, A. D. 1974.
ATT: m
CITY OF PEARLAND, TEXAS
By:
Mayor
Cit* Secretary
PASSED AND APPROVED on second and final reading this
day of , A. D. 1974,
CITY OF PEARLAND, TEXAS
By;
ATTEST:
City Secretary
Mayor