O-1928-221 - Laserfiche WebLink

Browse Search

." , '! r..:il; - . , . ORDINANCE No.~~1 AN ORDINANCE PROVIDING FOR THE LEVY, ASSESSMENT AND COLLECT- ION OF AN AD VALOREM TAX FOR THE YEAR OF 1928 OF AND AT TIm '. RA TE OF ONE DOLLAR AND FIFTY CENTS ($1: 50 ) Ol~ THE ONE HU !\lDHED DOLLARS AND Nol 100 (;~100.00) VALUATION OF TAXABLE PROPERTY IN SUCH CITY FOR CURREN'l' EXPENSES AND E'OR THE PURPOSE OF PAYING FOR BONDS FOR WATEH WORKS SYS'l'EM AND orrHER IMPROVEMEL.ITS WITHIN 'l'HE LIMITS OF 'l'RE CITY OF LA PORTE, TEXAS. BE IT ORDAINED by the City of La Porte, Texas: There is hereby levied and shall be assessed Bnd collected for the year 1928 on all the taxable property in the City of La Porte, Texas, on the 1st day of January of the year 1929, an ad valorem tax of a~ld at the I' ate of One Dollar and l<'ifty Cents ($1.50) on the One Hundred Dollars and NO/lOa ($lOO.OO) valuation of taxable property in said City, estimated in lawful currency of the United states, for current expenses and for the purpose of :paying fc:>r:,~'bonds issued for the corlstruction of water works system ~n the c~ty of La Porte; and for the purpose of paying for bonds issued on p~ving done in the City of La Porte, and for the payment of warrants heretofore issued for the payment of a fire engin~ and hose for the City of La Porte; and for the payment of warrElnts heretofore issued for the paYlnent of certain sidewalk construction in the City of La Porte. There h~s heretofore been levied a tax of forty cents (40~) on the One Imndred Dollars and 'No/lOa ($100.00) valuation for'the payment of WP., ter works bond and this ordinance reduces that am ount to thirty cents (~O~) on the One Hundred Dollar's and No/lOa ($100.00) valuation to take care of said water works bonds; there shall be levied for the year'1928, fourteen cents (14i) on the One Hundred Dollars and NO/lOa (.lOO.OO) v~luation to take care of cert~in bonds heretofore issued for certain paving in the City of La por te; there has been heretofore levied a tax of sixteen cents (16~) on the One Hundred Dollars ($100.00) valuation to take care of w~rrants l~reto- fore issued for the pa'jl'ment of firc engine and hose; that amount is :hereby reduced to seven cents (Tl~) on the One Hundred Dollars and NO/lOO ($100.00) valuation for the year 1928; there shall be levied for the year 1928, nine cents (9~) on the One Hundred Dollars and 1'10/100 ($lOO.OO). valuation to take care of certain warrants here- tofore issued for sidewalks in the City of La Porte; said amounst of thirty cents (30~), fourteen cents (l4~), seven cents (7~), and nine cents ('9~) on the One hundred Dollars and NO/lOa ($100.00) valuation to be set aside. as a sinking fund to protect tl~ indebt- edness incurred and for which said assessments have been made. These assessments are based on a re-valuation of tl~ property in the 01 ty of La Porte 'l'ex.as; the assessed value of B,11 property within the limits of'se-,id City of La Porte, Texas being Hine Hund~~d Thousand Dollars and NO/100 ($900,000.00). , , '. J'o I '1 . ~l .' 1 " ..J..... . ~ " .' !' .... I