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ORDINANCE NO. 42~
AN OBDINANCE ENTITLED: AN ORDINANCE DETERMINING
THE AMOUNT AND FIXING THE RATE OF TAXATION AND
MAKING THE ANNUAL TAX LEVY OF THE CITY OF SANFORD,
FLORIDA, FOR THE YEAR 1947.
BE IT ENACTED BY THE PEOPLE OF THE CITY OF SANFORD,
FLORIDA:
Section 1. That the amount determined necessary to
be raised by taxation 1n the City of Sanford, Flor1da, for
the year 1947, for the ord1nary purposes of the Municipality
and the Department of Debt Service is the sum of $178,000.00.
Section 2. That the millage for the year 1947 to be
assessed upon each dollar of the assessed valuation of all of
the taxable property, except Homesteads to the assessed value
of $5,000000 or less, within the corporate lim1ts of the City
of Sanford, Florida, is hereby fixed at 2g.0000 mills, to be
allocated as follows:
Department of General Government 15.0000 mills
Department of Debt Serv1ce 13.0000 mills
Section 3. That the millage for the year 1947 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 lim1ts of the City of Sanford, Florida, is hereby
fixed at 13.0000 mills, to be allocated as follows:
Department of Debt Service 13.0000 mills
Section 4. That there shall be and is hereby levied
for the year 1947 upon each 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 15.0000 mills for the purpose of real-
iz1ng a sum sufficient to meet and defray the necessary ordinary
running and operatIng expenses of the City of Sanford, Florida,
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for the fiscal year beginning October 1, 1947, and ending Sep-
tember 30, 1949.
Section 50 That there shall be and is hereby levied
for the year 1947 upon each dollar of the assessed valuation of
all taxable property within the corporate limits of the City
of Sanford, Florida, a tax of 12.l9ge mills for the purpose of
realizing a sum sufficient to pay interest coupons maturing
March 1, 194e, and September 1, 194e, 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 A, and a tax of
oe002 mills for the purpose of realiz1ng a sum to apply toward
the payment of interest coupons maturing March 1, 1949, and
September 1, 1949, on Refunding Bonds Series 0, D & E, of the
C1ty of Sanford, Florida, dated March 1, 1941, and maturing
September 1, 1977.
Seotion 6. That all Ordinances or parts of Ordinances
1n conflict herewith be and the same are hereby repealed.
Section 7. That this ordinance shall become effeotive
immediately upon its passage and adoption.
PASSED and ADOPTED this ~iL day of September, 1947.
Q~-t~t (J.. ' t~) J L-~
Act!ng Mayor
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ATTEST:
As the City CommiSSion or---
the City of Sanford, Florida.
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I, H. N. sayer, C1ty Clerk of the Clty of Sanford,
Florida, hereby certify that a true and correct copy of
the foregoing Or~!nance No. 425, passed and adopted by the
City Comm~s8ion of the City of Sanford, Florida, on the
23rd day of September, 1947, was POSTED at the front door
of the City Hall in the C1 ty of Sanford, Flori da, on th! s
27th day of September, 19l~7.