HomeMy WebLinkAboutORD 72-46KEWJr/im/9/7/72 0
ORDINANCE NO.
ENTITLED AN ORDINANCE PROVIDING FOR THE LEVYING,
ASSESSING AND COLLECTING OF AD VALOREM TAXES FOR
THE YEAR 1972 FOR THE PURPOSES OF PROVIDING A
GENERAL FUND, A CAPITAL IMPROVEMENTS FUND, AND A
SINKING FUND TO MEET THE -PAYMENT OF ALL BONDED
INDEBTEDNESS OF THE CITY OF BEAUMONT AND THE PAY-
MENT OF ACCRUING INTEREST THEREON; AND PROVIDING
FOR SEVERABILITY.
BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS:
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That there shall be and is hereby levied and shall be
assessed and collected for the year 1972, for municipal purposes
only, an ad valorem.tax of One Dollar and Fifty-nine Cents
($1.59) on each One Hundred Dollars' worth of property located
within the present city limits of The City of Beaumont made
taxable by law, which said taxes when collected shall be for
purposes hereinafter set forth as follows, to -wit:
For the General Fund $1.165
For the Capital Improvements
Program Fund .02
For the purpose of paying the
accruing interest and to pro-
vide a s -inking fund for the
payment of the entire bonded
indebtedness of The City of
Beaumont .405
Section 2.
If any section, subsection, sentence, clause, phrase, or
portion of this ordinance is for any reason held invalid or
unconstitutional by any court of competent jurisdiction, such
section, subsection, sentence, clause, phrase, or portion shall be
deemed a separate; distinct and independent provision and such
holding shall not affect the validity of the remaining portions
hereof.
D- 7,�-4 '?-/,2-7AZ_ /S�
I' a
1972.
PASSED by the City Council this 1-24 day of
-C-p�
- Mayor
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