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HomeMy WebLinkAboutOrdinance - 069-1912 - Levy And Collection Of An Ad Valorem Tax For The Purpose Providing Sinking Fund. - 01/08/1912ORDINANCE NO. 69 AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN AD VALOREM TAX FOR THE PURPOSE OF PROVIDING A SINKING FUND TO REDEEM T11E BONDS OF THE CITY OF LUBBOCK, TEXAS, IN THE SUM OF $55,0g0.00 ISSUED THE 27ZH DAY OF APRIL, A.D. 1911 FOR THE PURPOSE OF THE CONSTRUCTION OF SANITARY SEWERS IN AND FOR ME CITY OF LUBBOCK, TEXAS. Be it ordained by the City Council of the City of Lubbock, Texas: Article 1. An Ad Valorem Tax of Seventeen (17) cents on the one hundred dollar 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 $55,000.00 issued the 27th day of April, A. D. 1911, for the purpose of the construction of sanitary sewers 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, Passed and approved this the 8th day of January, A.D. 1912. F. E. Wheelock, Mayor. (seal) Attest: W. M. Shaw, City Secretary.