HomeMy WebLinkAboutORD 73-63®-Gg-9,73
,-.
ORDINANCE NO. 73-63
ENTITLED AN ORDINANCE PROVIDING FOR THE LEVY-
ING, ASSESSING AND COLLECTING OF AD VALOREM
TAXES FOR THE YEAR 1973 FOR THE PURPOSE OF
PROVIDING A GENERAL FUND, A CAPITAL IMPROVE-
MENTS FUND AND A SINKING FUND TO MEET THE
PAYMENT OF ALL BONDED INDEBTEDNESS OF THE
CITY OF BEAUMONT AND THE PAYMENT OF ACCRUING
INTEREST THEREON; AND PROVIDING FOR SEVERA-
BILITY.
BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS:
Section 1.
That there shall be and is hereby levied and shall be
assessed and collected for the year 1973, for municipal purposes
only, and ad valorem tax of One Dollar and Fifty -Nine Cents
($1.59) on each One Hundred Dollars' ($100) worth of property
located within the present city limits to the City of Beaumont
made taxable by law, which said taxes shall be for purposes
hereinafter set forth as follows, to wit:
For the General Fund $1.195
For the Capital Improvements Program Fund .020
For the purpose -of paying the accruing
interest and to provide a sinking fund
for the payment of the entire bonded
indebtedness of the City of Beaumont .375
Section 2.
If any section, sub -section, sentence, clause, phrase,
or portion of -this ordinance is for any reason held invalid or
uncons-titutional by,any court of competent jurisdiction, such
section, sub -section, sentence, clause, phrase or portion shall
be deemed a. separate, distinct or independent provision and
such holding shall not affect the validity of the remaining
E!reof.
PASSED BY THE CITY COUNCIL this the / day of
1.1973.
Mayo,