HomeMy WebLinkAbout923ORDINANCE NO. 92~
AN ORDINANCE OF THE CITY OF SANFORD,
FLORIDA DETERMINING THE AMOUNT AND
FIXING THE RATE OF TAXATION AND MAKING
THE ANNUAL TAX LEVY OF THE CITY OF
SANFORD, FLORIDA FOR THE FISCAL YEAR
1967-1968.
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 1967-1968
for the ordinary purposes of the Municipality and the Department of Debt
Service is the sum of $1,562,618.00.
SECTION 2. That the millage for the year 1967-1968 to be
assessed upon each dollar of the assessed valuation of all the taxable
property, except homesteads to the assessed value of $5,000.00 or less,
within the corporate limits of the City of Sanford, Florida, is hereby
fixed at 16 mills, to be allocated as follows: Department of General
Government, 11.5 mills; Department of Debt Service, 4.5 mills.
SECTION 3. That the millage for the year 1967-1968 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, Florida, is hereby fixed at 4.5 mills to be allocated
as follows: Department of Debt Service, 4.5 mills.
SECTION 4. That there shall be and is hereby levied for the
year 1967-1968 upon each dollar of the assessed valuation of all taxable
property, except homesteads tolhe assessed value of $5,000.00 or less,
within the corporate limits of the City of Sanford, Florida, a tax of 11.5
mills for the purpose of realizing a sum sufficient to meet and defray
the necessary and ordinary running and operating expenses of the City
of Sanford, Florida for the fiscal year beginning October 1, 1967 and
ending September 30, 196'&
SECTION 5. That there shall be and is hereby levied for the
year 1967-1968 upon each dollar of the assessed valuation of all taxable
property within the corporate limits of the City of Sanford, Florida, a tax
of 4. 18401 mills for the purpose of realizing a sum sufficient to pay interest
coupons maturing March 1, 1968 and September 1, 1968 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 purpose of acquiring
of bonds of said Series A; a tax of. 31599 mills for the purpose of realizing
a sum sufficient to pay interest coupons maturing March 1, 1968 and
September 1, 1968, on refunding bonds Series C, D and E of the City of
Sanford, Florida, dated March 1, 1941 and maturing September 1, 1977,
and to create a sinking fund for the purpose of acquiring of bonds of said
Series C, D and E.
SECTION 6. That this ordinance shall become effective on
October 1, 1967.
ADOPTED this 25~ ay of epte er, A.D. 1967.
As t .h~r'~it~(.C/ptnmis~i;n of t'he -
City of Sanf6fd, Florida.
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CERTIFICATE
I, H. L. Whelchel, City Clerk of the City of
Sanford, Florida, do hereby certify that a true and correct
copy of the foregoing Ordinance No. 923, PASSED and ADOPTED
by the City Commission of the City of Sanford, Florida, on
the 25~ day of September, 1967, was POSTED at the front door
of the City Hall in the City of Sanford, Florida, on the
26m day of September, 1967.