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HomeMy WebLinkAboutOrdinance - 133-1916 - Levy And Collection Of Advalorem Tax Paying Interest Sinking Fund. - 01_10_1916ORDINANCE NO. 133. AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN ADPA.LOMM TAXFORTHEPURPOSEOFPAYINGTHEIIISTONANDCLEATINGASINKIFGFUNDTOREDEXTHEBONDSOFTSECITYOFLUBHOCS, TEXAS., IN THE SUK OF55*000.009 ISSUED THE 27th DAY OF APRIL, A.D. 1911v FOR THEPURPOSEOFTHECONSTRUCTIONSANITARYSIRSINANDFORTHECITYOFLUBBOCK, TEXAS. BE IT ORD AIMM BY 17H CITY COUNCIL OF THE CITY OF LUBBOCK,, TTMA S: ARTICLE le An advalorem tax of seventeen (17) cents on the one hundred dollars va.luition of all real and personal property in the City of Lubbock# Lubbock Countyq, Texas, not exempt from taxatiaa by the constitution and lays of the Bt te of Tex -is, is hereby levied for the year 19160 for the purpose of paying the interest on and creating a sinking fund to redeem the Bonds of the City of Lubbock, Texas, in the sun of $55#000.00 issued the 27th day of April, A.D. 1911, for the purpose of construction of sanitary sewers in and for the City of Lubbock, Tex!,s, and shall be collected as in provided by law and Ordinances of the City of Lj&bbock, Texas& Passed and approved this the 10th day of Xant ary, 1916, W.F. S chenckp Mayor, City of Lubbock, se.l) Attest: :.W.. Lamb, City Secretary* Texas.