HomeMy WebLinkAbout762 ORDINANCE NO. 762
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
1961-1962-
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 1961-1962
for the ordinary purposes of the Municipality and the Department of Debt
Service is the sum of $1,071,610.00.
SECTION 2. That the millage for the year 1961-1962 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 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 1961-1962 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 1961-1962 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 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, 1961 and ending September $0, 1962-
sECTION 5. That there shall be and is hereby levied for the
year 1961-1962 upon each dollar of the assessed valuation of all taxable
corporate limits of the City of sanford, Florida, a tax
interest
property within the
of B. 6897 mills for the purpose of realizing a sum sufficient to pay
coupons maturing March 1, 1962 and September 1, 1962 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, 1962 and September
1, 1962 on refunding bonds Series C, D and E of the Gity of sanford, Florida
dated IVlarch 1, 1941, and maturing September 1, 1977, and to create s sink-
ing 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, 1961.
pASSED AND ADOPTED this 25 day of September, A.D. 1961.
Attest: / ~ '
Florida
City of Sanfo ,
2
C.E_R_T_I.F-I°C'A'T'E
I, H. N TA~, JR., City clerk of the City of
sauford, Florida ~o hereby certify that a true and correct
coPY of the foregoing OrdinanCe No. 762, pAsSED and ADOPTED
· the City of Sanford, Florida, on
by the ~h~tdYa~ep~ib°~r 1961 was poSTED at the front door of the
on the 26th day
the 2~
City ~all in the city of sanford, Florida,
of September ~961.