81-9-Ordinance-Levying the Taxes for 1981-09/08/1981ORDINANCE NO. 81-9
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OFF APAL
GOVERNMENT OF THE CITY OF SANGER AND PROVIDING FOR THE INTEREST AND
SINKING FUND FOR THE YEAR 1981 AND APPORTIONING EACH LEVY FOR THE
SPECIFIC PURPOSE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS:
SECTION 1. That there is hereby levied and there shall be collected
for the use and support of the municipal government of the City of
Sanger, and to provide Interest and Sinking Fund for the year Nine-
teen Hundred and Eighty One, upon all property, real, personal, and
mixed, within the corporate limits of said City subject to taxation,
a tax of fifty cents ($0.50) on 100% of the market value of property,
said tax being so levied and apportioned to the specific purposes
herein set forth:
(1) For the maintenance and support of the general government (Gen-
eral Fund), thirty eight cents ($0.38) on 100% of the market value
of property, and
(2) For the interest and sinking fund, twelve cents ($0.12) on 100%
of the market value of property to be apportioned as follows:
SECTION 2. All monies collected under this ordinance for the specific
items therein named, be and the same are hereby appropriated and set
apart for the specific purposes indicated in each item and that the
Assessor and Collector of Taxes, the City Treasurer and the City Sec=
retary shall keep these accounts so as to readily and distinctly show
the amount collected, the amounts expended and the amount on hand at
any time, belonging to such funds, it is hereby made the duty of the
Fax Assessor and Collector of Taxes and every person collecting money
for the City of Sanger, to deliver to the City Treasurer and the City
Secretary at the time of depositing any monies, a statement showing
to what fund such deposit should be made and from what source received.
All receipts for the City not specifically apportioned by this ordi-
nance are hereby payable to the General Fund of the City.
SECTION 3. That this ordinance shall take effect and be in force
from and after its passage.
PASSED AND APPROVED THIS THE -- -`= DAY OF 1981
APPROVED:
ATTEST: