ORD CC 08/24/71 - Levying TaxesAN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND SUBJECT
TO TAXATION IN THE CITY OF HUNTSVILLE, TEXAS AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE IN
COUNCIL ASSEMBLED:
SECTION ONE: That there is hereby levied, for the current year on all real
property situated and all personal property owned within the limits of said
City of Huntsville, Texas, on the first day of January, 1971 , except so
much as may be exempt under the Constitution and Laws of this State and of
the United States, the following taxes:
(1). An ad valorem tax of and at the rate of Eighty -Two Cents (.82t)
on the One Hundred ($100.00) Dollars cash value thereof, estimated
in lawful currency of the United States for the current expenses
for the support and maintenance of the City Government of said
City of Huntsville, Texas.
(2). An ad valorem tax of and at the rate of Twenty -Eight Cents (.28t)
on the One Hundred ($100.00) Dollars cash value thereof, estimated
in lawful currency of the United States, to pay current interest
on and provide one year's sinking fund and to pay all of the
principal and interest accruing on all outstanding bonds, paving
bonds, funding warrants, improvement bonds and warrants and any
and all other bonds and warrants outstanding heretofore lawfully
issued by the City of Huntsville, Texas and which are not levied
outstanding obligations of the said City of Huntsville, Texas.
SECTION TWO: All property upon which a rate of taxation is here
levied shall be assessed on a ratio of 50% of the estimated mark
thereof.
inabove
et value
SECTION THREE: The above and foregoing Ordinance shall take effect and be
in full force from and after its passage and approval.
ADOPTED AND APPROVED in open Council this the 24th day of
August , A.D., 1971.
ATTEST:
WELD N'COLEMAN, CITY SECRE RY
••OVED AS TO FO
Oh VA
M:
A T D OLLEY, T Y A
(SEAL).
TO
EY
i
W. BEALOCK, JR. ,