HomeMy WebLinkAboutORD 78-99ORDINANCE NO.�
ENTITLED AN ORDINANCE PROVIDING FOR THE
LEVYING, ASSESSING AND COLLECTING OF AD
VALOREM TAXES FOR THE YEAR 1978 FOR THE
PURPOSES OF PROVIDING A GENERAL FUND, A
CAPITAL IMPROVEMENT 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 SEVERABILITY.
BE IT ORDAINED BY THE CITY OF BFAUMONT:
Section 1.
THAT there shall be and is hereby levied and shall be assessed and
collected for .the year 1978, for municipal purposes only, an ad valorem
tax of -One Dollar and Eighty -Seven Cents ($1.87) on each One Hundred
Dollars' ($100.00.) 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:
For the General Fund $1.33
For the purpose of paying
the accruing interest
and to provide a sinking
fund for the payment of
the entire bonded in-
debtedness of the City
of Beaumont .54
ccr-+-i nn 7
That if any section, subsection, sentence, clause or phrase
of this ordinance or the application of same to a particular set of
persons or circumstances should for any reason be held to be invalid,
such invalidity shall in no wise affect the remaining portions of this
ordinance, and to such end the provisions of this ordinance are declared
to be severable.
// PASSED BY THE CITY COUNCIL of the City of Beaumont this
the �C¢ day of , 1978.
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