HomeMy WebLinkAbout654 ORDINANCE NO. 654
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
1958-1959.
BE IT ENACTED BY THE PEOPLE OF THE CITY OF SANFORD, FLORIDA:
SECTION I: Tlmt the amount determined necessary to be raised
by taxation in the City of Sanford, Florida for the year 1958-1959 for the
ordinary purposes of the Municipality and the Department of Debt Service
is the sum of $387. 201.60.
SECTION 2: That the millage for the year 1958-1959 be assessed
upon each dollar of the assessed valuation of ali the taxable property, ex-
cept 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 17
mills, to be allocated as follows: Department of General Government,
11 mills; Department of Debt Service, 6 mills.
SECTION 3: That the millage for the year 1958-1959 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 6 mills to be allocated
as follows: Department of Debt Service, 6 mills.
SECTION 4: That there shall be and is hereby levied for the
year 1958-1959 upon each dollar of the assessed valuation of all taxable
property, except homesteads to be assessed to the assessed value of
$5,000.00 or less, within the corporate limits of the City of Sanford,
Florida, a tax of 11 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, 1958 and ending September 30, 1959.
SECTION 5: That there shall be and is hereby levied for the
year 1958-1959 upon each dollar of the assessed valuation of ali taxable
property within the corporate limits of the City of Sanford, Florida, a tax
of 5.5942 mills for the purpose of realizing a sum sufficient to pay interest
coupons maturing March 1, 1959 and September 1, 1959 on refunding bonds
Series A, of the City of Sanford, Florida, dated March 1, 1937, and maturing
September i, 1977, and to create a sinking fund for the purpose of acquiring
of bonds of said Series A; a tax of. 3777 mills for the purpose of realizing a
sum sufficient to pay interest coupons maturing March 1, 1959 and September
I, 1959 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 sink-
ing fund for the purpose of acquiring of bonds of said Series C, D and E; a
tax of. 0281 mills for the purpose of realizing a sum sufficient to pay out-
standing notes, contracts and interest thereon maturing during current
fiscal year.
SECTION 6: That this ordinance shall become effective on
October 1, 1958.
PASSED AND ADOPTED This 13 day of October , A.D. 1958.
Ma .........
Xs the City Commission of the
City of Sanford, Florida
2
Z, H. N. ~yer, City Clerk of ~he City of
Sanford, Florida, do hereby oertlf2 that a t~e ~d ~
~d &~PT~ b~ the City Oom~sslon of ~e Cl~y of ~ford,
~orl~, on ~e 13th d~ of October, 1~, was ~ST~ at
the front ~o~ of the City H~i in the City of ~fo~,
~orida~ ~hli ~e X~h day of Oo~ober~ l~e