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ORDINANCE NO. 2103 <br />AN ORDINANCE FIXING THE TAX RATE AND THE TAX LEVY AND <br />LEVYING AD VALOREM TAXES FOR THE CITY OF PARIS, PARIS, TEXAS, <br />FOR THE YEAR 1972, UPON ALL TAXABLE PROPERTY WITHIN THE SAID <br />CITY OF PARIS, TFXAS, IN CONFORMITY WITH THE CHARTER PROVI- <br />SIONS AND ORDINANCES OF SAID CITY; AND RFPEALING ALL <br />ORDINANCFS OR PARTS OF ORDINA.NCES IN CONFLICT HEREWITH. <br />WHEREAS, the City Council of the City of Paris, Paris, <br />Texas, has heretofore approved the final report of the Board <br />of Equalization heretofore appointed by the City Council of <br />the City of Paris, Paris, Texas, wherein said Board of <br />Equalization finds and fixes the value of all property situ- <br />ated within the City of Paris, Texas, subject to ad valorem <br />taxes, such total valuation being the sum of $35,993,283.00; <br />and, <br />WHEREAS, in accordance with the provisions of the Charter <br />of the City of Paris, Paris, Texas, the City Manager has here- <br />tofore submitted to the City Council, a proposed budget of the <br />revenues of the City and the expenditures for the conduct of <br />the affairs thereof, providing a complete financial plan fox <br />the fiscal year beginning July 1, 1972, an d ending June 30, <br />1973; and, <br />WHER FAS, the City Council has heretofore, by ordinance <br />adopted the budget appropriating from ad valorem taxes the <br />following sums, to-wit: <br />General Fund $724,187.00 <br />Debt Service Fund 2,650.00 <br />NOW, THIIREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF <br />THE CITY OF PARIS: <br />Section 1. That there shall be and is hereby levied for <br />the year 1972 and ordered to be collected a tax of $2.20 on <br />each and every ONE HUNDR ED DOLLARS ($100.00) of the assessed <br />valuation of all property of every description subject to tax- <br />ation within the corporate limits of the City of Paris, and <br />that said tax so levied shall be distributed and apportioned <br />as follows: <br />For the payment of CURRENT FXPENSFS of the City <br />Government of the City of Paris, on each and every One <br />Hundred Dollars worth of property situated within the <br />corporate limits of the City of Paris and subject to <br />taxation, a tax of (of which $0.0091 will be for the <br />operation of the Paris Municipal Band). $2.1848 <br />For paying interest and creating a sinking fund <br />for CITY OF PARIS, TEXAS, RESURFACING SONDS, Series <br />1936 on each and every One Hundred Dollars worth of <br />property situated within the corporate limits of the <br />City of Paris and subject to taxation, a tax of 0.0122 <br />