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08-98-Ordinance-Levying the Taxes for Fiscal Year 1998-1999-09/21/1998(,-/7 y CITY OF SANGER, TEXAS )f(?�y A� pY ORDINANCE NO. #08-98 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, LEVYING TAXES FOR THE USES AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF SANGER, TEXAS FOR FISCAL YEAR BEGINNING OCTOBER 1, 1998, AND ENDING SEPTEMBER 30, 1999, AND PROVIDING FOR THE INTEREST AND SINKING FUNDS FOR THE YEAR 1998 AND APPROPRIATING EACH LEVY FOR THE SPECIFIC PURPOSE; PROVIDING PENALTY AND INTEREST FOR DELINQUENT TAXES; AND DECLARING AN EFFECTIVE DATE. BE IT ORDAINED AND ORDERED by the City Council of the City of Sanger, Texas that: We, the City Council of the City of Sanger, do hereby levy or adopt the tax rate on $100.00 valuation for this city for tax year 1998 as follows: $.29389 for the purpose of maintenance and operation $.20895 for the payment of principal and interest on bonds $.50284 total tax rate The tax collector is hereby authorized to collect the taxes of the City of Sanger employing the above tax rate. The above ordinance and order was unanimously passed by the City Council of Sanger on this 21st day of September, 1998, and was executed in duplicate. PASSED AND APPROVED AND ADOPTED, this 21st day of September A.D., 1998. .... �ATI Tommy K' caid, Mayor ATTEST: J Rosalie Chavez, City Secre y