1094 ORDINANCE NO. 1094
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 1972-1973.
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 1972-1973 for the
ordinary purposes of the Municipality and the Department of Debt Service
is the sum of $545,445.00.
SECTION 2. That the millage for the year 1972-1973 to 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 8.5 mills, to be allocated as follows; Department of General
Government, 7 mills; Department of Debt Service, 1.5 mills.
SECTION 3. That the millage for the year 1972-1973 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 1.5 mills to be allocated
as follows: Department of Debt Service, 1.5 mills.
SECTION 4. That there shall be and is hereby levied for the
year 1972-1973 upon each dollar of the assessed valuation of all taxable
property, except homesteads to the assessed value of $5,000.00 or less,
within the corporate limits of the City of Sanford, Florida, a tax of 7 mills
for the purpose of realizing a sum sufficient to meet and defray the neces-
sary and ordinary running an~ operating expenses of the City of Sanford,
Florida, for the fiscal year beginning October 1, 1972 and ending September
30, 1973.
SECTION 5. That there shall be and is hereby levied for the year
1972-1973 upon each dollar of the assessed valuation of all taxable property
within the corporate limits of the City of Sanford, Florida, a tax of 1. 4873
mills for the purpose of realizing a sum sufficient to pay interest coupons
maturing March 1, 1973 and September 1, 1973 on refunding bends Series
A, of the City of Sanford, Florida, dated March 1, 1937 and maturing Septem-
ber 1, 1977, and to create a sinking fund for the purpose of acquiring of
bonds of said Series A; a tax of . 0127 mills for the purpose of realizing
a sum sufficient to pay interest coupons maturing March 1, 1973 and
September 1, 1973, 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, 1972.
PASSED AND ADOPTED this llt__h d~/~A. D. 1972.
Attest: . ~Y ~~
"i~s the City Commi/'~'n~o~ theC~~
City of Sanford, Florida.
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CERTIFICATE
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. 1094, PASSED and ADOPTED by the City
CommissiDn of the City of Sanford, Florida, on the llth day of
September, 1972, was POSTED at the front door of the City Hall
on the 13th day of September, 1972.