Ord. 0260 09-10-73ORDINANCE NO. 260
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 YEAR 1973 AND APPORTIONING EACH LEVY
FOR THE SPECIFIC PURPOSE.
BF 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 -Three 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 properLy,-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 Find), the sum of $0.789 on each
$100.00 Dollar valuation of property, and
(2) For the Interest and Sinking Fund, the sum of
$0.511 on each $100.00 Dollar valuation of property
to be apportioned as follows:
Waterworks & Sewer System
Imp. U/L Tax
Waterworks & Sewer System
Comb. Rev & U/L Rfgd.
Waterworks & Sewer Imp.
Texas General Obligation
Bonds - Waterworks & Sewer
System Imp.
Texas General Obligation
Bonds - Municipal Building
Bonds Waterworks & Sanitary
Sewer Bonds
Waterworks Improvement
Warrants
Street Improvement Warrants
rand Purchase Certificate
of Obligation
1961
1963
1964
SECTION 2. All monies collected under this ordinance for the
specific items therein na~d, be and the san~ 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 col-
lecting money for the City of Pearland to deliver to the City Treasurer
and the City Manager at the tin~ of depositing of any monies, a state-
ment showing to what fund such deposit should be made, and from
what source received. Ail 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 frc~ and after its passage on second and final reading.
A. D., 1973.
PASSED AND APPROVED ON SEOgND AND FINAL READING this /~ day of
CITY OF P~kRIA~D~, TEXAS
- Mayor
A. D., 1973.