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ORDINANCE NO. 1917
<br />AN ORDINANCE FIXING THE TAX RATE AND THE TAX
<br />LEVY AND LEVYING AD VALOREM TAXFS FOR THE
<br />CITY OF PARIS, PARIS, TEXAS, FOR THE YEAR
<br />1969, UPON ALL TAXABLE PROPERTY WITHIN THE
<br />SAID CITY OF PARIS, PARIS, TEXAS, IN CONFORM-
<br />ITY WITH THE CHARTER PROVISIONS AND ORDINANCES
<br />OF SAID CITY; AND REPEALING ALL ORDINANCES OR
<br />PARTS OF ORDINANCES IN CONFLICT HEREWITH.
<br />WHEREAS, the City Council of the City of Paris, Paris, Texas,
<br />has heretofore approved the final report of the Board of Equaliza-
<br />tion heretofore appointed by the City Council of the City of Paris,
<br />Paris, Texas, wherein said Board of Equalization finds and fixes
<br />the value of all property situated within the City of Paris, Paris,
<br />Texas, subject to ad valorem taxes, such total valuation being the
<br />sum of $30,926,174.00; and,
<br />WHEREAS, in accordance with the provisions of the Charter of
<br />the City of Paris, Paris, Texas, the City Manager has heretofore
<br />submitted to the City Council, a proposed budget of the revenues of
<br />the City and the expenditures for the conduct of the affairs there-
<br />of, providing a complete financial plan for the fiscal year begin-
<br />ning July l, 1969, and ending June 30, 1970; and,
<br />WHERFAS, the City Council has heretofore, by ordinance
<br />adopted the budget appropriating from ad valorem taxes the follow-
<br />ing sums, to-wit;
<br />General Fund $565,650.00
<br />Debt Service Fund 36,000.00
<br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
<br />CITY OF PARIS:
<br />Section 1. That there shall be and is hereby levied for the
<br />year 1969 and ordered to be collected a tax of $2.20 on each and
<br />every ONE HUNDRED DOLLARS ($100.00) of the assessed valuation of
<br />all property of every description subject to taxation within the
<br />corporate limits of the City of Paris, and that said tax so levied
<br />shall be distributed and apportioned as follows:
<br />For the payment of CURRENT EXPENSFS 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 $0.0108 will be for the
<br />operation of the Paris Municipal Band). $2.0706
<br />For paying interest and creating a sinkin g fund
<br />for WATERWORKS BONDS, Series "GII; on each and every
<br />One Hundxed Dollars worth of property situated within
<br />the cc+rporate limits of the City of Paris and subject
<br />to taxation, a tax of $0.0863
<br />For paying interest and creating a sinking fund
<br />for CITY OF PARIS, TEXAS, RESURFACING BONDS, 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 $0.0090
<br />
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