1226-A ORD FIXING TAX RATE ND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1950

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\,JPI ~ ~ TxX ORDINANCE NO o 12~_ - A1L QRDINANCE FIXING TEiE Ttik RATE AND TAX LEVY AND LEVYING AD VAIAREM TAXES M THE CI2'Y 0 F PARI S., TEXAS ~ FOR THE YEE1R 1950., UPON ALL TAXABIE PRAPERTY TJiIITHIN THE SAID CITY 4F PARIS, TE%AS, IN CONFORIuaTY iiJITH THE CHARTER PFdOVISIONS AND ORDINANCES OF SAID CITY: AND REPEALING ALL ORDIJ1:ANICES OR PARTS OF QRDINAIUES IN ODh'FLICT HEftEGVITH. 'Rhereas~ the City 6ouncil of the City of Paris, Texas, has heretofore approved the final report of the Bosrd of Equalization heretofore appointed by the City Council of the City of Parisj Texas,) wherein said Board of Equaliza- tion finds axid fims the value of all property situated xithin the City of Parisp Texaso subject to ad valorem taxes, such total valuation being the sum of $15045,737•003 and 'Shereas., i.n accordance with the provisi.ons of the Charter of the Ci.ty of Paris., Texas, the Citq Mariager has heretofore sulaim.tted to ths City Council, a proposed budget of the revenues of the City and the Expenses deducted for the affairs thereof, praviding a complete financial plan for the fiscal year be- ginning July l., 1950, and ending June 30., 1951; and Nhereas., the City Council has heretofore, by ordinance adopted budget appropriating from ad valorem taxss the following sums, to-wit: Gene ral Fund $158,368000 Debt service Fund 112,177.33 NpW., 2'HEREr'pRE., BE IT ORDAIIdID BY THE CITY COUNCIL OF THE CITY OF PARIS : Section l. That there sha11 be and is hereby levied for the year 1950 and ordered to be collected a tax oP $2.05 on each and every ONE HUND&.ED DOLLARS ($1o0.00) of the assessed valuation of all propert9 of every description subject to taxation within the carporate limits of the City of Paris., and that said tax so levied shall be distributed arxi apport5.oned as follows: For the payment of CURN.M EXPE14SES of the City Governmerit of the City of Paris., on each and every One Hurxired Dollata worth of Propert3' situated within the corporate limi.ts of the eity of Paria and subject to taxation, a tax of (of 4i.ich $ .03 will be ~1•~ for the operation of the Paris b~ur~ici.Aa7- Band) Fo r p$y ing inte res t and cr eati ng a si nki ng fund f or 4VATERVJORKS HONDS, Series "G'I., on each and every One Hurxlred Dollars worth of property situated within the Corporate limits of the City of Paris ~•2~ and subject to taxation~ a tax of