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HomeMy WebLinkAboutCHAPTER #149ORNELt U~:t T. WALKER CHAPTER NO./L/ ? AN ORDINANCE PROVIDING FOR THE LEVY OF TAX~ IN THE CITY OF SEBASTIAN, _ fLORIDA.. FQR THE YEAR 1957 ... BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF SEBASTIAN, FLORIDA: SECTION I. That the City of Sebastian, Florida, levy a tax of 28 mills upon each dollar valuation of real and personal property within the city limits of said City subject to taxation on the let day of January, 1957, which tax shall be assessed and collected in the manner provided by law. SECTION ii. That of the total of 28 mills herewith levied, 16 mills shall be segregated in a separate fund as the same is collected and shall be used for the purpose of providing funds for the general fund of said City; that 12 mills of the 28 mills herewith levied shall be segregated in a separate and special fund as collected and shall be used solely for the purpose of paying interest and providing a sinking fund for bonds of said City entitled "City of Sebastian Refunding Bonds, Issue of January 1, 1951". Said tax levy of 12 mills for interest and sinking fund purposes shall be levied and collected upon all tax- able property within said City as of January 1, 1957, including homestead property. SECIION III. it shall be the duty of the City Tax Collector and the City Treasurer to divide the proceeds of said taxes into separate funds as above set forth and to keep such accounts thereof as shall be from time to time directed by the City Council. SECTION IV. This Ordinanace shall be in full force and effect immediately upon its passage and approval by the Mayor or .upon its becoming a law without such approval. I hereby certify that the foregoing ordinance was duly passed by the City Council of the City of Sebastian on the _~_ day of June, 1~7. ~~ ......../~~~/' President, City ATTEST :,..~.i'.-C [ity Clerk '~'~ To the Mayor of the City of Sebastian, Florida: I hereby certify that the foregoing ordinance was regularly passed by the City Council on the _~ d~ of 3une, 1957. /"" ~j,/' C~%y C~erk The foregoing ordinance approved by me this /__/~ day of 3une, 1957. Nlayor ORNELIUS T. WALK£1~ -2-