1309 ORDINANCE NO. 1309
AN ORDINANCE OF THE CITY OF SANFORD, FLORIDA,
DETERMINING THE AMOUNT AND FIXING THE RATE
OF TAXATION AND MAKING THE ANNUAL T~X LEVY OF
THE CITY OF SANFORD, FLORIDA, FOR THE FISCAL
YEAR 1975-1976.
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 1975-1976 for
the ordinary purposes of the Municipality and theDepartment of Debt Service is
the sum of $787° 204.00.
SECTION 2. That the millage for the year 1975-1976 to be
assessed upon each dollar of the assessed valuation ~f all the taxable property,
except homesteads to the assessed value of $5,000.00 or less, and $10, 000.00
or less in the event the provisions of Chapter 74~11, Laws of Florida, 1974,
apply to homesteads within the corporate tifnits of the City of Sanford, Florida,
is hereby fixed at 6.33 mills, to be allocated as follows: Departrnent of General
Government, 5.63 mills; Depar~nent of Debt Service, . 7 mills.
SECTION 3. That the millage for the year 1975-1976 to be
assessed upon each dollar of the assessed valuation of all homesteads to the assessed
value of $5,000.00 Or less, and $100 000.00 or less in the event the provisions
of Chapter 74-11, Laws of Florida, 1974, apply to homesteads within the cor-
porate limits of the City of Sanford, Florida, is hereby fixed at . 7 mills to be
allocated as follows: Department of Debt Service, . 7 mills.
SECTION 4. That there shall be and is hereby levied for the
year 1975-1976 upon each dollar of the assessed valuation of all taxable property,
except homesteads to the assessed value of $5,000.00 or less, and $10, 000.00 or
less ~n the event the prov~sions of Chapter 74-11, Laws of Florida, 1974, apply
to homesteads within the corporate limits of the City of Sanford, Florida, a tax
of 5o 63 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, 1975 and endKng
September 30, 1976.
SECTION 5. That there shall be and ~s hereby levied for
the year 1975-1976 upon each dollar of the assessed valuation of all taxa'ble
property within the corporate limits of the City of Sanford~ Florida, a tax
of. 6990 mills for the purpose of realizing a sum sufficient to pay interest
coupons maturing March 1, 1976 and September 1, 1978 on refunding bonds
Series A of the C~ty 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. 0010 mills for the purpose of realizing
a sum sufficient to pay interest coupons maturing March 1, 1976 and
September 1, 1976, 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, 1975.
PASSED AND ADOPTED this 8th day o September ,
A.D., 1975. ~//,//~y_%
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acr
Attest:
-2-
CERTIFICATE
I, Rosa M. Rotundo, Deputy City Clerk of the City of Sanford,
Florida, do hereby certify that a true and correct copy of the fore-
going Ordinance No. 1309, PASSED and ADOPTED by the City Commission of
the City of Sanford, Florida, on the 8th day of September, 1975, was
POSTED at the front door of the City Hall in the City of Sanford,
Florida, on the 9th day of September, 1975.
As the Deputy City Clerk of
the City of Sanford, Florida