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HomeMy WebLinkAboutORD 50-Aff AN ORDINANCE, Entitled an Ordinance to amend Section One of an Ordinance, entitled:"An Ordinance to amend Sec. 1 of an Ordinance,en- ti_tled,'An'Ordinance providing for the levying,assessing, and collecting of taxes for the year 1914 for the purpose ---,--of providing a sinking fund to meet the payment of the bonded indebtedness of the City of Beaumont. and for the accruing interest thereon; providing for the support of the public schools of the City; to repair and improve the streets,alleys,and public squares; to meet the current expenses of the City of Beaumont; to provide for the pur- chasing,constructs.ng,maintaining,operating and owning the public parks; to ?provide a sinking fund to meet the pay- ment of the bondednIndebtedness of the Water Works System,and of the accruing interest thereon; to tax occupations and .callings made taxable by the State of Texas, and to col- lect on all able bodied male citizens over twenty-one and under sixty years of age', adopted by the City Council jlay 9th,1914,and declaring an emergency",adopted May 22nd,1914, recorded on page 285,Minutes of Ordinances,Vol.3,repealing all ordinances in conflict herewith,and declaring an.emergency. WHEREAS,the City Council of the City of Beaumont passed an Ordinance,Nay 9th,1914, levying and assessing the taxes for the year 1914, and on the 22nd day of May,1914,amended said. levy by' an ardinance duly adopted; and; - -- WHEF.EAS , s i nom _-Q _ - ►. f. s J -d -- amendment, the C i ty Council deems it nece it to -amend Iaid last named ordinance, in order to provide -half cents for the sink- ing fund for the payment of thegeneral bonded indebtedness of the City,instead of forty-three (.43i cents as formerly provided; and also to provide eighteen and one half cents (.18-1/2) for the payment of the indebtn.dness of the Water Works System, instead of eighteen cents,as heretofore provided; and also to lower the amount heretofore levied for the General current expenses of the City of Beaumont, from thirty seven to thirty-four cents,Now, Therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAM�IONT::: Section One. That Section One of an Ordinanoe,entitled:"An Ordinance, entitled an Ordinance to amend Sec -1 of an Ordinance entitled, 'An Ordinance providing for the levying,assessi ng and collecting of taxes for the year 1914, for the purpose of providing a sinking fund to meet -the payment ofthe bonded indebtedness of the City of Beaumont,and for the accruing interest thereon; providing for the support of the public schools of the City: to repair and improve the streets,alloys,and public squares; to meet the current expenses of the City of Beaumont; to pro- vide for the purchasing, constructing, maintaining, operating, Pul V1� SJ 11V 1i1V l� , Entitled an Ordinance to amend Section One of an Ordinance, entitled:"An Ordinance to amend Seco 1 of an Ordinance,en- ti.tled,' An' Ordinance providing for the levying,assessing, and collecting of taxes for the year 1914 for the purpose of providing- a sinking fund to meet the payment of the bonded indebtedness of the City of Beaumont.and for the accruing interest thereon; providing for the support of the public schools of the City; to repair and -improve the streets,alleys,and public squares; to meet the current expenses of the City of Beaumont; to provide for the pur- chasing,constructing,maintaining,operating and owning the public parks; to provide a sinking fund to meet the pay- ment of the bondeanlndebted.ness of the Nater Works System,and of the accruing interest thereon; to tax occupations and .callings made taxable by the State of Texas, and to col- lect on all able bodied male citizens over twenty-one and. under sixty years of age', adopted by the City Counci1,112ay 9th,1914,and declaring an emergency",adopted May 22nd,1914, recorded -on page 285,11inutes of Ordinances,Vol.3,repealing all ordinances in conflict herewith,and declaring an.emergency. WMEREAS,the City Council of the City of Beaumont passed an Ordinance,Yay 9th,1914, levying and assessing the taxes for the year 1914, and on the 22nd day of May,1914,amended said. levy by an exdinance duly WHERREI S. sine -thA A nn+ f sai d amendment, the- -City - Council deems it necer aid last named ordinance, in order to provide fo-r-t-y- five_- a;ld -one-half cents for the sink- ing fund for the payment of thegeneral bonded indebtedness of the City,instead of forty-three (.43) cents as formerlyrovided; and also to provide eighteen and one half'oents (.18-1/2) for the payment of the indebtadness of the Water Works System, instead of eighteen cents,as heretofore provided; and also to lower the amount heretofore levied for the General current expenses of the City of Beaumont, from thixty seven to thirty-four cents,Now. Therefore, BE IT ORDAINED BY THE CITY COUNCIL OF 'THE CITY OF BEAMIONT::: Section One. That Section One of an Ordinance, entitled- "An Ordinance, entitled an Ordinance to amend Sec.l of an Ordinance entitled, 'An Ordinance providing for the levying,assessi ng and collecting of taxes for the year 1914, for the puxpose of providing a sinking fund to meet the payment of _the .bonded.__ indebtedness of the City of Beaumont,and for the accruing interest thereon: providing for the support of the public schools of the City: to repair and improve the streets,alleys,and public squares; to meet the current expenses of the City of Beaumont; to pro- vide for the purchasing,constxucting,maintaining,opersting, and owning the public parks;. to provide a sinking fund to meet ` the payment of the bonded indebtedness, of the Water Works System, and of the accruing interest thereon: to tax occu- pations and callings made taxable by the State of Texas, and to collect on all able bodied male citizens over twenty-one and under sixty years of age',adopted by the City Council P.4ay 9th,1914, and declaring an emergency". adopted by the City Council of Beaumont,May 22nd,1914, and. recorded in Vol.3, page 285,11inutes of Ordinances, be so amended as to read hereafter as follows: -r That there is hereby levied and shall be assessed and collected for the year 1914, the following taxes on all property situated within the corporate limits of the City of Beaumont, made taxable by law, to -wit: - For the purpose of paying general current expenses of the City Government and for general purposes, Thirty Four (34) cents on each One Hundred ($100.00) Dollars valuation.' For the support and maintenance of public free schools, twenty five (.25) cents on each One Hu..dred 0100.00) Dollars valuation. For the purpose of repairing and maintaining the streets,alleys,public squares and bridges of the City,Thirty (.30) cents on each One Hundred ($100.00).Dollars valuAtion. For the purpose of paying the accruing interest and to provide a sinking fund for* the payment •of - the bonded in- debt_edness of the city,forty five and _one half ( .45-1/2) cents on each One hundred '(,$10000) Dollars valuation. For the pur c)lasing. c onstruct ing,maintenance and operating of the public parks,either inside o:t outside of the City of Beaumont, three (3) cents on each One Hundred ($100000) Dollars valuation. For the purpose of paying ,the accruing. interest: and to provide a sinking fund for the payment of the bonded in- debtedness of the Nater Works System, eighteen and one half (•18-1/2) cents on each One Hundred (100.00) Dollars valua- tion. Section Two. That all ordinances and parts of ordinances in con- flict herewith are hereby repealed. I on all property situated within the corporate limits of the City of Beaumont, made taxable by law, to -wit:- For the purpose of paying general current expenses of the City Government and for general purposes, Thirty Four (34) cents on each One Hundred ($100.00) Dollars valuation. For the support and maintenance of public free schools, twenty five (.25) cents on each Oue Hu..dred (0100.00) Dollars valuation. .Far the purposes of repairing and maintaining the streets,alleys,public squares and bridges. of the City,Thirty (•30) cents on each One Hundred ($100.00).Dollars valuation, For the purpose of paying the accruing interest and to provide a sinking fund for the payment -of the bonded in- debtedness of the city,forty five _and one half (.45-1/Z) cents on each One Hundred ($14000) Dollars valuation. For the purc}lasing.constructing,maintenance and operating of the public parks,either inside or outside of the City of Beaumont, three (3) cents on each One Hundred ($100.00) Dollars valuation. For the purpose of paying the accruing. interest; and to provide a sinking fund for the payment of the bonded in- debtedness of the Water Works System, eighteen and one half (•18-1/2) cents on each One Hundred ($100.00) Dollars valua- tion. Section Two. That all ordinances and parts of ordinances in con- flict herewith are hereby repealed. Section Three. The fact that the levy heretofore made to pay the in- terest and create a sinking fund to meet the payments of the bonded indebtedness of the City and of the Water Works System, was insufficient, and a necessity existing that forty-five and one half cents should be levied to pay the interest and create a sinking fund for the payment of the bonded indebtedness of the City, and.eighteen and one-half cents to pay the interest and provide a sinking fund for the payment of the bonded in- debtedness of - the water works sy stem,cxeates an emergency and public necessity,necessitating the suspension of the rule re- quixing ordinances to be read at three regular meetings. Said riile is therefore suspended, and this ordinance is .placed on tts third and.final reading,and shall go into force and effect upon its passage, approval by the Mayor,and lawful publication. Passed this the 17th day of June , A. D.1914 . Approved this the 17th day of June,A.D.1914.'. Atte st-: it _ Secretary. f' f d .w) - 11 Seaumont,Texas. June 17th,1914. Honorable Mayor & City Council, City. Gentlemen: - We, your Finance.Committee. to whom was referred the Ordi.nance,amend.ing -Section One of the Ordinance,amending the J Ordinance,levying the tax for the year 1914, beg to report that we have carefully considered same, and find that in the amended ordinance,hereto attached,sufficient tag is' levied to pay the interest and create a sinking fund suf- ficient .to pay the -gend$al bonded indebtedness of the city at maturity. In the Ordinance referred to us, we find that the former levy of forty three cents for the general bonded indebtedness of the City has been increased to forty five and one half cents, which will pay the interest on said bonds and provide a sinking fund of at least two and one half per cent for each of said. funds. We also find that the levy for the. bonded indebtedaess of the water works system has been Increased from eighteen to eighteen and one half cents,which will provide sufficient funds to pay the interest and create a sinking fund of at least two and one half per cent. We therefore recommend that Chid ordinance be passed under the suspension of the rule,as the jExi " ordinance now in -force does not provide sufficient funds for the interest and sinking; funds. • /' civ. Beaumont , Texas . June 17th,1914 Honorable Mayor & City Council, Gentlemen: - We, your Finance.Committee. to whom was referred the Ordi.nance,amending -Section One of the Ordinance,amending the Ordinance,levying the tax for the year 1914, beg to report that we have carefully considered same, and find that in the amended ordinance,hereto attached,sufficient tax is levied to pay the interest and create a sinking fund suf- ficient -to pay the tandmal bonded indebtedness of the city at maturity. In the Ordinance referred to us, we find that -" - the forner levy of forl-y three cents for the general bonded indebtedness of the City has been increased to forty fire and one half cents, which will pay the interest on said bonds and provide a sinking fund of at least two and one half per t cent for each of said. funds. We also find that the levy for the bonded indebtedness of the water works system has been increased from eighteen to eighteen and one half eents,whi.ch will provide sufficient funds to pay the interest and create a sinking fund of at least two and one half per cent. We therefore,re commend that thief ordinance be passed under the suspension of the rule,as the jmxmsordinance now in force does not provide sufficient funds for the interest and sinking funds° Respectfully sut Finance 'Committee. Beaumont , Texas . June 17t -h,1914.. Honorable Mayor and. Citv Council. City. Gentlemen : - We,your Ordinance, Committee..,to .,.hom was re_rerred. the attached ordinance, -amending Section one of the Ordinance, amending the Tax levy Ordinance for the year 1914, find that this Ordinance makes proper Or levy fmtx to pay the interest and create a sinking fund to x pay. the general bonded indebtedness of the City of Beaumont, and to pay the bonded indebtedness of the water works system. The ordinance now in force does not make proper provision for the bonded indebtedness of the City, so erre therefore recommend that this Ordinancetwhich makes the proper levy be passed under a suspension of the ru !f �e Respectfully ttad, Ordinance Committee.