HomeMy WebLinkAboutOrdinance - 068-1912 - Levy And Collection Of An Ad Valorem Tax For The Purpose Providing Sinking Fund. - 01/08/1912ORDINANCE NO. 68
AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN AD VALOREM TAX
FOR THE PURPOSE OF PROVIDING A SINKING FUND TO REDEEM THE BONDS OF THE
CITY OF LUBBOCK, TEXAS, IN THE SUM OF $25,000.00 ISSUED THEM 27TH, DAY OF
APRIL, A. D. 1911 FOR THE PURPOSE OF THE CONSTRUCTION OF WATER WORKS IN
AND FOR THE CITY OF LUBBOCK, TEXAS.
Be it Ordained by the City Council of the City of Lubbock, Texas:
Article 1. An Ad Valorem Tax of eight (80) cents on the one hundred
dollars valuation of all real and personal property in the city of
Lubbock, Texas, not exempt from taxation by the Constitution and laws
of the State of Texas, is hereby levied for the year 1912 for the purpose
of providing a sinking fund to redeem the bonds of the City of Lubbock,
Texas, in the sum of $25,000.00 issued the 27th day of April, A. D. 1911
for the purpose of the construction of water works in and for the City
of Lubbock, Texas, and shall be collected as is provided by Law and
the Ordinances of the city of Lubbock, Texas.
Passed and approved this the 8th day of January, A. D. 1912.
F. E. Wheelock, Mayor
(Seal)
Attest: W. M. Shaw, City Secretary.