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ORDINANCE 1V0. 1414 ~
<br />M UE.DI11kr1r;E FTXING 'rHE TA}: RATE AiiD THE TAC LEti.Y ANIi1
<br />s.E!JY1NG AD vALOREP~1 TA:CES FOR THE 0-11Y UF PAR15, ;EY.F;S,
<br />FOR TF! YEA4 1957, UR31,1 AI..L TAKABLE PRCPERTY 'NiTH1IN
<br />THE SAID GITY GF F;PLRIS I TEXAS, IN CGNr0qIv1ITV 1d1ITfi THE
<br />CHARTER PROVISIONS H.ND ORDINANCES OF SA1D CI iY; aND
<br />REPEAI.ING AI.L ORll1NA1vCES ()h p,aRT5 vF CRDIN:~i~CES IN
<br />COA13LICT H :RE`NITH.
<br />iNHEREAS, the l:,ity Council of the City of Paris, Texas has heretofore
<br />approved the final report of the Board of EquaZization heretofore appointed
<br />by the City Council of the City of Paris, Texas, wherein said Board of
<br />Equalization finds and fixes the value of all property situated within the
<br />City cr Paris, Texas, subject to ad valorem taxes, such total -raluation
<br />being the swn of $189187,295000; and,
<br />VdHEREAS, in accordance witn the pxovisions of the Charter of the
<br />City of Paris, Texas, the City 14anager has heretofore submitted to the City
<br />Council, a proposed budget of the revenues of the Gity and the expenditures
<br />fox the conduct of the affairs the.reof, providing a complete financial plan
<br />for the fiscal year beginning July 1. 1957, and ending June 30, 1958; and,
<br />W'-IEFtEaS, the City Council has heretoforet by ordinance adopted the
<br />budget appropxiating from ad valorem taxes the following sumst to-viit:
<br />General fiund $237,071.57
<br />Debt Service Fund 100,432.05
<br />PARIS:
<br />NOVV, TH!=.~?EFO'.~E, BL IT QRDAINED 3Y Tf-L CITY CQUNCIL OF THE CITY Gc
<br />Section 1. That there shali be and is hereby levied for -the year
<br />1957 and ordered to ae collected a tax of $2,15 on each and every ONE
<br />HUNDRED DOLLkRS ($100.00) of the assessed valuation of all property of
<br />every description subject to taxation within the corporate limits of the
<br />City of Paris, and that said i:ax so lEVied shall be distributed and appor-
<br />tioned as follows:
<br />For the payment of CUF.RENT EXPENSES of the City
<br />Government of tne City of Paris, on each and every One
<br />Hundred Dollars wortih of propexty situated within the
<br />corporate limits of the 1-ity of Paris and suiajec-t to
<br />taxation, a tax of $1.435
<br />For paying interest and c.reating a sinking fund
<br />for INATERNJORKS BONDS, Series "G", on each and every One
<br />Hundred Dollars worth of property situated within the
<br />corporate limits of the City of Paris and svbject to
<br />taxation, a tax of $0.200
<br />For paying interest and creating a sinking fund
<br />for RErUNDING BUNDS, 1927 issue, on each and every One
<br />Hundred Dollars worth of property situated within the
<br />corporate limits of the City of Paris and subject tc
<br />taxation, a tax of $0.140
<br />For payin3 interest and creating a sinking fund
<br />for SEENER CONSTRUCTION BJidDS, Series 1934, on each and
<br />every One Hundred Dollars Vaorth of property situated
<br />tivithin the corporate limits of the City of Paris and
<br />subject to tar.ation, a tax of $0.022
<br />For paying intexest and creating a sinking fund
<br />for City of Paris, Texas, RE-FUNDING BONllS, Series 1936,
<br />on each and every One Hundred Dollars worth of property
<br />situated within the corporate limits of the City of
<br />Paris and subject to taxatir , a tax of $0o164
<br />
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