HomeMy WebLinkAbout837ORDINANCE NO. 837
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
1964-1965.
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 1964-1965
for the ordinary purposes of the Municipality and the Department of Debt
Service is the sum of $1,291,863.00.
SECTION 2. That the millage for the year 1964-1965 be
assessed upon each dollar of the assessed valuation of ali 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 1964-1965 ro 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 1964-1965 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, 1964 and ending September 30, 1965.
SECTION 5. That there shall be and is hereby levied for the
year 1964-1965 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. 7921 mills for the purpose of realizing a sum sufficient to pay
interest coupons maturing March 1, 1965 and September 1, 1965 on re-
funding 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 · 2079 mills
for the purpose of realizing a sum sufficient to pay interest coupons
maturing March 1, 1965 and September 1, 1965, 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, 1964.
PASSED AND ADOPTED this 14th day of September, A.D.
1964.
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cERTIFICAT~
I, H. N. Tamm~ Jr., City Clerk of the City of
Sanford, Florida~ do hereby certify that a true and correct
copy of the foregoing Ordinance No. 837~ PASSED and ADOPTED
by the City Commission of the City of Sanford~ Florida, on
the 14th day of September~ 1964~ was POSTED at the front
door of the City Hall in the City of Sanford, Florida, on
the 15th day of September~ 196~.
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