Ord. 0417 09-08-80ORDINANCE NO. 417
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 1980 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 Eighty upon all property, real, personal, and mixed within the corporate
limits of said City subject to taxation, to tax of one dollar and six and one-
half cents on each One Hundred ($100) valuation of property, said tax being so
levied and apportioned to the specific purpose herein set forth:
(1) For the maintenance and support of the General Government
(General Fund), the sum of $0. 773 on each $100.00 Dollar
valuation of property, and
(2) For the Interest and Sinking Fund, the sum of $0. 292 on
each $100.00 Dollar valuation of property, to be apportioned
as follows:
Series
Waterworks and Sewer System Imp. U/L Tax Bonds 1961
Water and Sewer System Improvement Bonds 1964
General Obligation Bonds Waterworks & Sewer
System Improvements Bonds 1966
General Obligation Bonds, Building Bonds,
Waterworks & Sanitary Sewer Bonds 1968
General Obligation Bonds, Sanitary Sewer, Park
Land Acquisition, Waterworks, and Solid Waste
Disposal Facilities Bonds 1975
Certificates of Obligation 1976
Certificates of Obligation 1976 A
City of Pearland &Pumper Fire Truck Time Warrants 1977
Comprehensive Development Time Warrants 1978
Certificates of Obligation (Pool) 1978
Certificate of Obligation (City Service Center) 1978 A
Certificate of Obligation (Streets) 1978 B
General Obligation Bonds 1978
Emergency Medical Service Time Warrants 1979
(Ambulance)
Drainage Study Time Warrants 1979
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 .2_5 day of
A.D., 1980.
Mayor, City of Pearland, Texas
ATTEST:
CA —
City Secret
PASSED AND APPROVED ON SECOND READING AND FINAL READING THIS c9
day of, L , A.D., 1980.
Mayor, City of Pearland, Texas
ATTEST:
City Secretary