Laserfiche WebLink
ORDTNANCE N0. 1380 <br />AN ORDINANCE FIXING THE TAC RATE AND THE TAX LEVY AND <br />LEVYIAiG AD VA.LOREM TAXES FOR THE CITY OF PARIS, TEXAS, <br />FOR THE YEAR 1956, UFDN ALL TAXABLE PROPERTY INITHIN <br />THE SAID CITY OF PARIS, TEXASV IN C?DNFORMITY WITH THE <br />CHARTER PROVISIONS AND ORDINANCES OF SfAID CITY; AND <br />REPEALIMG ALL ORDINANCES OR PARTS OF ORDINANCES IN <br />CONFLICT HEREWITH. <br />WHEREAS, the City Council of the City of Paris,9 Texas has here- <br />tofore approved the final report vf the Board of Equalization hcretofore <br />appointed by the City Council of the City of Paris, I'exas, wherein said <br />Board of Equalization finds and fixes the value of all pxoperty situated <br />within the City of Paris, Texas, subject to ad valorem taxes, such total <br />valuation being the sum of $17,928,718.77; and, <br />WHEREAS, in accordance with the provisions of the Charter of the <br />City of Paris, Texas, the City Manager ha5 heretofore submitted to the <br />City Council, a proposed budget of the revenues of the City and the ex- <br />penditures for the conduct of the affairs thereof, providing a compiete <br />financial plan for the fiscal year beginning July 1, 1956, and ending <br />June 30, 1957; and, <br />WHEREA.;, the City Couneil has heretofore, by ordinance adopted <br />the budget appropriating from ad valorem taxes the following sumst to-wit: <br />General Fund $2169671.40 <br />Debt Service Feand 117~266.60 <br />NOW9 THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY <br />OF PAFtIS a <br />Section 1. That there shall be and is hereby levied for the year <br />1956 and ordered to be collected a tax of $2.15 on eaeh and every ONE <br />HUNDRED DOLLARS ($100.00) of the assessed valuation of all property of <br />every description subject to taxation within the corpoxate ,limits of the <br />City of Parisp and that said tax so levied shall be distributed and <br />apportioned as follows: <br />For the payment of GURRENT EXPENSES of the City <br />Government of the City of Parisp on each and every One <br />Hundred Dollars worth of property sitvated within the <br />corporate limits of the City of Paris and sub,ject to <br />taxation, a tax of (of which $0.0212 will be for the <br />operation of the Paris Municipel Band) $1.395 <br />For paying interest and creating a sinking fund <br />for WATERWORKS 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 subject to <br />taxation, a tax of $0.222 <br />For paying interest and creating a sinking fund <br />for REFUNDING BOND6, 1927 issuet 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 />taxationt a tax of $0.152 <br />For paying interest and creating a sinking fand <br />fox SEWER Q7IaSTRUCTION BOND6, Series 1934, on each and <br />every One Hundred Dollars worth of property situated <br />within the corporate limits of the City of Paris and <br />subject to taxation, a tax of $0.024 <br />