HomeMy WebLinkAboutO-1978-1135
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ORDINANCE NO. 1135
AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN
AND SUBJECT TO TAXATION IN THE CITY OF LA PORTE, TEXAS; AND
MAKING APPROPRIATIONS FOR SUPPORT, MAINTENANCE, AND IMPROVEMENT
OF THE CITY GOVERNMENT OF SAID CITY OF LA PORTE, TEXAS; AND
PROVIDING AN EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LA PORTE,
TEXAS:
Section 1. That there is hereby levied for the current
fiscal year beginning October 1, 1978, and ending September 30,
1979, on all real property situated and all personal property
owned within the taxable limits of the said City of La Porte,
Texas, on the first day of January, 1979, except so much as may
be exempt under the Constitution and laws of the United States,
this State, and the City of La Porte, the following taxes:
(1) An Ad Valorem Tax of and at the rate of eighty ($.80)
cents on the one hundred ($100.00) dollars cash value
thereof, estimated in lawful currency of the United States
for the current expenses for the support, maintenance,
and improvement of the City Government of said City of
La Porte, Texas.
(2) An Ad Valorem Tax of and at the rate of eleven ($.11)
cents on the one hundred ($100.00) dollars cash value
thereof, estimated in lawful currency of the United States,
to pay current interest on and provide one year's sinking
fund and to pay all of the principal and interest accruing
on all outstanding bonds lawfully issued by the City of
La Porte, Texas.
Section 2. All property upon which a rate of taxation is
hereinabove levied shall 'be assessed on a ratio of eighty (80)
percent of the estimated market value thereof.
Section 3. That the sums hereinafter accruing and collected
from the hereinabove taxes so levied by and the same are hereby
appropriated for the support, maintenance, and improvement of
the City Government of the City of La Porte, Texas.
Section 4. The above and foregoing ordinance shall take
effect and be in full force from and after its passage and approval,
and it is so ordained.
PASSED AND APPROVED, this the 27th day of September, A.D.,
1978.
CITY~
J..>:t _
J. J. Meza, Maybr
ATTEST:
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City Clerk
APPROVED AS TO FORM:
City Attorney