HomeMy WebLinkAbout735 ORDINANCE NO. 735
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 TIlE FISCAL YEAR
1960-1961.
BE IT ENACTED BY THE PEOPLE OF THE CITY OF SANFORD, FLORIDA:
SECTION 1. That the amount c~etermined necessary to be
raised by taxation in the City of Sanford, Floriaa for the year 1960-1961
for the ocdinary purposes of the Municipality and the Department of Debt
Service is the sum of $1,012, 062.10.
SECTION 2. That the millage for the year 1960-1961 be
assessed upon each dollar of the assessed valuation of all the taxable
property, except homesteads to the assesse~5 value of $5,000.00 or less,
within ~he corporate limits of the City of Sanford, Florida, is hereby fixed
at 18 mills, to be allocated as follows: Department of General Government,
12 mills; Department of Debt Service, 6 mills.
SECTION 3. That the millage for the year 1960-1961 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 1960-1961 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 Sauford,
Florida, a tax of 12 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, 1960 and ending September 30, 1961.
SECTION 5. That there shall be and is hereby levied for the
year 1960-1961 upon each dollar of the assessed valuation of all taxable
property within the corporate limits of the City of Sanford, Florida, a tax
of 5. 6897 mills for the purpose of realizing a sum sufficient to pay interest
coupons maturing March l, 1961 and September 1, 1961 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. 3103 mills for the purpose of realizing a
sum sufficient to pay interest coupons maturing March 1, 1961 and September
1, 1961 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-
lng 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, 1960.
PASSED AND ADOPTED this 29' _day of September, A.D. 1960.
Attest:
City
As the ~i~y Commission of the
City ~Sanford, Flo:ida
C-E-R-T-I-F~I-C_A_T_E
I, H. N. Tamm, Jr., City Clerk of the City of Sanford,
Florida do ?~ereby certify that a true and correct copy of
the foregoing Ordinance No. 735, PASSED and ADOPTED by the
City Commission of the City of Sanford, Florida, on 29th
day of September 1960 was POSTED at the front door of the
City Hall in the City of Sanford, Florida, on the 3rd day
of October 1960.