1037ORDINANCE NO. 1037
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 1971-1972.
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 1971-1972 for the
ordinary purposes of the Municipality and the Department of Debt Service
is the sum of $2,194, 210.00.
SECTION 2. That the millage for the year 1971-1972 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 11 mills, to be allocated as follows: Department of General
Government, 8 mills, Department of Debt Service, 3 mills.
SECTION 3. That the millage for the year 1971-1972 to be
assessed upon each dollar of the assessed valuation of all homeststeads
to the assessed value of $5, 000.00 or less within the corporate limits
of the City of Sanford, Florida, is hereby fixed at 3 mills to be allocated
as follows: Department of Debt Service, 3 mills.
SECTION 4. That there shall be and is hereby levied for the
year 1971'-1972 upon each dollar of the assessed v~iuation 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 8
mills for the purpose of realizing a sum sufficient to meet and dafrnxr
of Sanford, Florida, for the fiscal year beginning October 1, 1971 and
ending September 30, 1972.
SECTION 5. That there shaJl be and is hereby levied for the
year 1971-1972 upon each dollar of the assessed valuation of all taxable
property within the corporate limits of the City of Sanford, Florida, a tax
of 2. 9216 mills for the purpose of rea/izing a sum sufficient to pay interest
coupons maturing March 1, 1972 and September 1, 1972 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. 0784 mills for the purpose of realizing
a sum sufficient to pay interest coupons maturing March 1, 1972 and
September 1, 1972, 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, 1971.
PASSED AND ADOPTED this 2 7th dau/(~ S~-- - -
-- , - , ~mver, A.D. 1971.
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. 1037, PASSED and ADOPTED
by the City Commission of the City of Sanford, Florida, on
the 27th day of September, 1971, was POSTED at the front
door of the City Hall in the City of Sanford, Florida, on
the 28th day of September, 1971.
~City of Sanford, FI~rida