2002-046-ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR 2002

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For the payment of CURRENT EXPENSES of the City Government of the City of Paris, on each and every One Hundred Dollars worth of property situated within the corporate limits of Paris and subject to taxation a tax of (of which $0.00180 will be for the operation of the Paris Municipal Band) $0.56104 For paying interest and creating a sinking fund for General Obligation Bonds, Series "1993," on each and every One Hundred Dollars worth of property situated within the corporate limits of Paris and subject to taxation, a tax of $0.03963 For paying interest and creating a sinking fund for Tax and Revenue Certificates of Obligation, Series "2000,"on each and every one Hundred Dollars worth of property situated within the corporate limits of Paris and subject to taxation, a tax of $0.05115 For paying interest and creating a sinking fund for Tax & Revenue Certificates of Obligation Series 2002 on each and every One Hundred Dollars worth of property situated within the corporate limits of Paris and subject to taxation, a tax of $0.04318 TOTAL $0.695 Section 3. That the City Tax Assessor and Collector of the City of Paris is hereby directed to assess, extend, and enter upon the rolls of the City of Paris, Paris, Texas, for the current taxable year, the amount and rates herein levied and shall be collected as provided by the ordinances and the Charter of the City of Paris, Paris, Texas, and the laws of the State of Texas; and when so collected, same shall be distributed in accordance with ordinance. Section 4. That all ordinances and parts of ordinances in conflict herewith are hereby expressly repealed. Section 5. That this ordinance shall be and remain in full force and effect from and after its passage and approval by the City Council of the City of Paris. PASSED AND ADOPTED this 26th day of September, 2002. ~~/?7l_A~JI~ Richard Manning, Mayor Pro em