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Ordinance Nwnber <br />AN ORDINANCE FIXING THE T.A.X RA.'I'E AND TAX LEVY AND LEVYING AD VASAREM <br />TAXES FOR THE CITY OF FARIS, T-LXAS, FoR THE YEaR 1949, UPON ALL TAXABLE <br />PFd'JP~+',.TY WITHIN TflE SaID CITY OF PARIS, TEXAS~ IN CONFORMITY erdlTH THE <br />CHA,.~tTER PRIJVISIQNS AND ORDINANCES OF SAID CITY: AND REPEALING ALL ORDINANCES <br />OR PARTS OF ORDINANCES IN CONFLICT HER011ITH. <br />Whereas, the City Council of the City of Paris, Texas, has heretofore <br />approved the final report of the Board of Equalization heretofore a?apointed <br />by the City Council of the City of Paris., Teatas, wnerein said Board of <br />Equalization finds and fixes the value of all property situated within the <br />City of Paris, Texas, subject to ad valorem taxes, such total valuation <br />being the sum of $15,867,088.00; and <br />udhereas, in accordance with the provisions of the Charter of the City <br />of Paris, Texas, the City Yianager has heretofore submitted to the Gity <br />Council, a proposed budget of the revenues of the City and the expenses de- <br />ducted for the affairs thereof, providing a complete financial plan for the <br />fiscal year beginning July 1, 1949, and ending June 30~, 1950; and <br />tiuhereas, the City Council has heretofore, by ordinance adopted budget <br />appropriating from ad valorem taxes the following su.als, to-wit: <br />General fund <br />$465,o18.16 <br />Debt Service Fund 127,194.33 <br />NpW., THERr,F(}RH,, BE IT ORDALNED BY THE CITY OOUNCIL OF THE CITY OF <br />PARIS : <br />Section 1. That there shall be and is hereby levied for the year <br />1949 and ordered to be collected a tax of $1.99 on each and every ONE <br />HUNDRED DOLLARS ($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 1'aris, and that said tax so levied shall be distributed and <br />apportioned as follows: <br />For the payment of CURRENT E-XPENSES of the City Government <br />of the eity of Paris, on each and every One Hundred Dollars worth <br />of property situated within the corporate limits of the City of <br />Paris and subject to taxation, a tax of (of which ~.035 wi1l be for the <br />operation of the Paris Tvgunicipal Band) $10155 <br />. , <br />