ORD CC 08/28/79 - Levying taxesORDINANCE NO. 79 -12
AN 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 the said City of Huntsville, Texas, on the first day of
January, 1979, except so much as may be exempt under the Constitu-
tion and Laws of this State and of the United States, the following
taxes:
(1) An ad valorem tax of and at the rate of seventy -seven cents
($ .77) on the One Hundred ($100.00) Dollars cash value thereof,
estimated in lawful currency of the United States for the current
expenses for the support and maintenance of the City Government
of said City of Huntsville, Texas.
(2) An ad valorem tax of and at the rate of forty -three cents
($ .43) 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 hereinabove
levied shall be assessed on a ratio of 50 percent of the estimated
market value thereof.
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 28th day of August, A.D.,
1979.
THE CITY OF HUNTSVILLE, TEXAS
orris I. Waller, Mayor
Ruth DeShaw, Cit
APPRO 0
Secretary
RM: