HomeMy WebLinkAbout565 A~! 0RDINAi'~CE 0F THE CITY OF SANFORD, FLORIDA,
DETER]~III~I~TG TITE A~OUNT AND FIXING THE RATE OF
TAXA'210~q Alfl3 M~,KI~,:G THE Ai~NUAL TAX LE\rY 0F THE
CITY OF SA3~FORD, FLORIDA, FOR THE YEAR 1955.
BE tT ~NACTED BY i?i-'[E PEOPLE OF ~ITE CI'[Sf OF SA]~FORD, FLORIDA:
SECTION 1. Tha~ the amount metermined necessary to be raised
by taxation ir~ the City of Sanford, Floriaa, for the year 1~8 for
the ordinary purposes of the Nunicipality and the Department of
Debt Service is the sum of
SECTION P~. That the millage for the year 198~ to be assessed
upon each dollar of the assesse~ valuation of all the taxable prop-
erty, except Homesteads to the assesse~ value of $S,000.00 or less,
within the corporate limits of the City of Sanford, Florida, is
hereby fixed at 1~.$000 mills~ to be allocated as follows:
Department of General Government 7.8000 mills
Department of L~bt Service 8.0000 mills
SECTION Z. ~nat the millage for the year 19~ to be assessed
~pon each dollar of the assessed valuation of all Homesteads to the
assessed value of ~,000.00 or less within the corporate limits
of the City of Sanford, Florida, is hereby fixed at 8.0000 mills,
to be allocated as follows:
Department of Debt Service 0.0000 mills
SECTION ~. That there shall be and is hereby levie~ for the
year 1~8 upon each dollar of the assessed valuation of all taxable
property, except Homesteads to the assessed value of $8,000.00 or
less, within the corporate limits of the City of Sanford, Floriaa,
a tax of ~.S000 mills for the p~rpose of realizing a sum s~-
SECTION 5. That there shall be and is hereby levied for
the year 1955 upon each dollar of the assesse~ valuation of all
taxable property within the corporate limits of the City of San£ord,
Florida, a tax of 5.4313 mills for the purpose of realizing a sum
sufficient to pay interest coupons maturing ~.iarch l, 1958, and
September l, 1956, on Refunding Bonds Series A, of the City of
Sanford, Florida, ~ated ~arch l, 1937, and maturing September l,
1977, and to create a Sinking Fund for the p~,rchase or acquiring
of bonds of said Series A; a tax of .4736 mills for the p~rpose of
realizing a sum s~fficient to pay interest coupons maturing March l,
1956, aha September l, 1956, on ilefunding Bonds Series C, D, and E
of the City of Sanford, Ploriaa, ~ated ~Iarch l, 1941, and maturing
September l, 1977, and to create a Sinking i~kbnd for the p~rchase
or acquiring of bonas of saia Series C, D and E; a tax of .0951
mills for t~e pt~rposes of realizing a sum sufficient to pay out-
standing notes, contracts an~ i~terest thereon maturing ~uring
current fiscal year.
SECTION 6. That all ordinances or parts of ordinances in
confllct herewith be an~ the same are hereby repeale~.
SECTI[?~ 7. That ti~is ordinance shall be come effective im-
mediately upon its passage an~ aC. option.
Passed and Adoptec. this 26th day of September, 1955.