HomeMy WebLinkAboutOrdinance No. 20NO. 001:6
AN ORDINANCE FIXING AND LEVYING MUNICIPAL
AD VALOREM TAXES FOR THE CITY OF THE COLONY, TEXAS,
FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1977, AND
FOR EACH YEAR THEREAFTER UNTIL OTHERWISE
PROVIDED; DIRECTING THE ASSESSMENT THEREOF
WHEREAS, the City Council finds that the tax for the
fiscal year beginning October 1, 1977, hereinafter levied
for current expenses of the City and the general improve-
ments of the City and its property must be levied to provide
the revenue requirements of the budget for the ensuing year;
and
WHEREAS, all statutory and constitutional requirements
concerning the levying and assessing of ad valorem taxes
have been completed in due and correct time;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF THE COLONY, TEXAS:
Section 1. For the current expenses of The City of The
Colony, Texas, and for the general improvements of the City
and its property, there is hereby levied and ordered to be
assessed and collected for the fiscal year beginning October
1, 1977, and for each year thereafter until it be otherwise
provided and ordained, on all property situated within the
Corporate Limits of The City of The Colony, Texas, and not
exempt from taxation by valid law, an ad valorem tax at the
rate of Fifteen Cents ($.15) on the One Hundred Dollars
($100) valuation of such property.
PASSED AND APPROVED by the City Coucil of The City of
The Colony, Texas, this day of September 977.
971
ero, Mayor
ATTEST:
G{ty Secretary
L