HomeMy WebLinkAbout459ORDINANCE N0* 459
FLORIDA:
AN ORDINANCE 0F TEE CITY OF SANFORD, FLORIDA,
DETERMINING THE AMOUNT AND FIXING THE RATE
OF TAXATION AND MAKING THE ANNUAL TAX LEVY OF
THE CITY 0F SAN'FORD, FLORIDA, FOR THE YEAR 1949,
BE IT ENACTED BY THE PEOPLE OF THE CITY OF SANFORD,
Section le That the amount determined necessary to
be raised by taxation in the City of Sanford, Florida, for
the yea~ 1949, for the ordinary purposes of the Municipality
and the Department of Debt Service is the sum of
Section 2. That the millage for the year 1949 to be
assessed upon each dollar of the assessed valuation of all of
the taxable property, except Homesteads to the assessed value
of $§,000.00 or less, within the corporate limits of the City
of Sanford, Florida, is hereby fixed at 21.0000 mills, to be
allocated as follows:
Department of General Government 11.§000 mills
Department of Debt Service 9.5000 mills
Section 3. That the Millage for the year 19A9 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 9.5000 mills, to be allocated as
Department of Debt Service
Section 4. That there shall be
for the year 1949 upon each dollar of the
follows:
9.5000 mills
ad is hereby levied
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 11.5000 mills for the purpose of real-
izing a sum sufficient to meet and defray the necessary ordinary
running and operating expenses of the City of Sanford, Florida,
for the fiscal year beginning October 1, 1949, and ending ~ept-
ember 30, 1980.
Section 8. That there shall be and is hereby levied
for the year 1949 upon each dollar of the assessed valuation of
all taxable property within the corporate limits of the City
of Sanford, Florida, a tax of ?.4849 mills for the purpose of
realizing a sum sufficient to pay interest coupons matuming
March 1, 1980, and September 1, 1980, on Refunding Bonds ~eries
A~ of the City of Sanford, Florida, dated March 1, 1937, and
maturing September l, 1977, and to create a Sinking ~und for the
purchase or acquiring of bonds of said Series A; a tax of
mills for the purpose of realizing a sum sufficient to pay in-
terest coupons maturing March l, 1980, and September l, 1980, on
Refunding Bonds Series C, D & E, of the City of Sanford, Florida,
dated Marchl,1941, and maturing ~eptember l, 1977, and to create
a Sinking ~und for the purchase or acquiring of bonds of said
Series C, D a~l E; and a tax of 1.2198 mills for the purpose of
realizing a sum sufficient to pay outstanding notes, contracts
and interest thereon maturing during current fiscal year.
Section 8. That all Ordinances or parts of Ordinances
in conflict herewith be and the same are hereby repealed.
Section V. That this ordinance shall become effective
immediately upon its passage and adoption.
PASSED and ADOPTED this 26th day of September 1949.
ATTEST ~
city
MAYOR / -
,
%s/the City ~mmisston ~ the
0~y of Sanfo~rd, Florida.
I, H. N. Sayer, City Clerk of the City of
Sanford, Florida, hereby certify that a true and correct
copy of the foregoing Ordinance No. 458, PASS~D and
ADOPTED by the City Co~r~Isston of the City of Sanford,
Florida, on the 20th day of September, 1949, was POSTED
at tho front door of the City Hall in the City of Sanford,
Florida, this 27th day of September, 1949.
Ci~rk