08/20/1973-CC-Minutes-RegularMinutes s August 209 l97'+/9'/j
Members Presents Cornell, Mayor, Cooper, Mayor Pro®Tem•
McDaniel, Bennett® Gentle and Hall
. • _ ►
The minutes of the counc were • and approved
session held August 8® 1973
2. Capital improvements made by Sanger 'Electric during the
month of June 1973 in the amount of $39936.62 were read
and approved on a motion by Hall senonded by Gentle.
3. The council instructedthe CA to retain Smitk Baines and
Company to do annual audit on a motion by McDaniel seconded
by Bennett.
Assessed972 Valuation • 1 ,
eal Estate ' 1 111 1
•ersonal Property..4+68�76*0�0
972 Tax Levy
•,: •.11
1 1
1 • 11',
+ •through+
Delinquent972 . 1 •
The 1973 Tax Levy: based on a 50/ assessment ratio with a tax of
$0®60 per $1x00.00 valuation (same as 1972)
1973 Assessed Valuation on
Real Estate $3.788.342.00
Personal,Property 788.76.00
1973 Tax Levy
173 Tax Hate
Notes This is nat to say that we woll receive #27��62®59 from
the advalorem tax this year for historically er have had a 90% , ;
collection rate or in terms of the 1973 levy an income of
approximately 24'716as
Dave Marr
(1)
Sa The cold sewer plant was discussed
• •. • T • o
public hearing on the budget.