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Ord. 0236 09-11-72ORDINANCE NO. ,?‘ 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 1972, 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 Two upon all property real, personal, and mixed within the corpo- rate 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: For the maintenance and support of the general government (General Fund), the sum of $0.744 on each $100.00 Dollar valuation of property, to be apportioned as follows: For the Interest & Sinking Fund, the sum of $0.556 on each $100.00 Dollar valuation of property, to be apportioned as follows: Waterworks & Sewer System Imp. U/L Tax 1961 Waterworks & Sewer System Comb. Rev & U/L Rfgd. 1963 Waterworks & Sewer System Imp. 1964 Texas General Obligation Bonds -Waterworks & Sewer System Imp. 1966 Texas General Obligation Bonds -Municipal Building Bonds Waterworks & Sanitary Sewer Bonds Waterworks Improvement Warrants Street Improvement Warrants 1968 1972 1972 TOTAL $0.556 SECTION 2. All monies collected under this ordinance for the specific items therein names, 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 28 DAY OF August A. D. 1972. CITY OF PEARLAND, TEXAS s/ Carlton MC Comb By: Mayor ATTEST: s/ Dorothy L. Cook City Secretary PASSED AND APPROVED ON SECOND AND FINAL READING THIS DAY OF A. D. 1972. CITY OF PEARLAND, TEXAS By: Mayor (2) Lai Th ATTEST; City Secretary APPROVED AS TO FORM: City Attorney (3) 4";