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ORDINANCE NO. 4- 39
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AN ORDINANCE ENTITLED: AN ORDINANCE DEl'ERMIN-
ING THE AMOUNT AND FIXING THE RATE OF TAXATION
AND :MAIaNG THE ANNUAL TAX LEVY OF THE arry OF
SANFORD~ FLORIDA... FOR THE YEAR 1948.
BE IT ENACTED BY THE PEOPLE OF THE CITY OF SANFORD,
FLORIDA:
Section 1. That the amount determined necessary to
be raised by taxation in the City of Sanford, Florida, for
the year 1948, for the ordinary purposes of the Municipality
and the Department of Debt Service is the sum ot $234,000.00.
Section 2. That the millage for the ~ar 1948 to be
assessed upon each dollar ot the assessed valuation of all of
the taxable property, except Homesteads tot he assessed value
of $5,000.00 or less, within the corporate limits of the City
of Sanford, Florida, is hereby fixed at 21.5000 mills, to be
allooated as follows:
Department of General Government
Department of Debt Service
12.0000 mills
9.5000 mills
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Section 3. That the Millage for the year 1948 to be
assessed upon each dollar of the assessed valuation of all
Homesteads to the assessed value of $5,000.00 or less within
the corporate limits of the City of Sanford, Florid~ is hereby
fixed at 9.5000 mills, to be allocated as follows:
Department of Debt Service
9.5000 mills
Section 4. Thatthere shall be and is hereby levied
for the year 1948 upon eaoh dollar of the assessed valuation
of all taxable property, except Homesteads to the assessed value
of $5,000.00 or less, within the corporate limits of the City of
Sanford, Florida, a tax of 12.0000 mills for the purpose of real-
izing a sum sufficient to meet and defray the neoessary ordinary
running and operating expenses of the City of Sanford, Florida,
for the fiscal year beginning October 1, 1948, and ending Sept-
ember 30, 1949.
Section 5. That t here shall be and is hereby levied
for t he year 1948 upon each dollar of the assessed valuation of
all taxable property within the corporate limits of the City
of Sanford, Florida, a tax of 7.3001 mills for the purpose of
realizing a sum sufficient to pay interest coupons maturing
March 1, 1949, and September 1, 1949, on Refunding Bonds Series
A, of the City of Sanford, Florida, dated March 1, 1937, and
maturing September 1, 1977, and to create a Sinking Fund for the
purchase or acquiring of bonds of said Series Aj a tax of .4511
mills for the purpose of realizing a sum to apply toward the
payment of interest coupons maturing March 1, 1949, and Sep-
tember 1, 1949, on Refunding Bonds Series C. D & E of the
City of Sanford, Florida, dated March 1, 1941, and maturing
September 1, 1977; and a tax of 1.7488 mills for the purpose of
realizing a sum sufficient to pay outstanding notes, contracts
and interest thereon maturing during current fiscal year.
Section 6. That all Ordinances or parts of Ordinances
in conflict herewith be and the same are hereby repealed.
Section 7. That this ordinance shall beco8e effective
immediately upon its passage and adoption.
PASSED and ADOPTED this 27th day of September, 1948.
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ACTING MAY 0 R
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ATTEST:
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As the City Commission of
the City of Sanford, Florida.
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I, H. F. Sr?pr, c:~ty Cl(~rk of thp- c"ty of Sc-"nfon:,
Flcr!da, hereby cert~fy th~t a true copy of the fore~o~ng
Ord"nnnce Fo. 439, plH,sed and. adoptee by the 0~t.jT COlun~ss! on
of the C~. ty of Scinford, F'lor~da, on thp 27th day of se})ter:iber,
1949, was POSTSD at the front door of the c~ty Hall !n the
01 ty of sanford, Flor!rla, th~ R 2eth day of sept:E'mber, 1)!:E'.
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