0201ORDINANCE NO. 201
AN ORDINANCE LEVYING TAXES FOR THE USE AND
SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE
CITY OF SOUTHLAKE AND PROVIDING FOR THE IN-
TEREST AND SINKING FUND FOR THE YEAR 1973,
AND APPORTIONING EACH LEVY FOR THE SPECIFIC
PURPOSE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,
TEXAS:
Section 1. That there is hereby levied and there shall be collected
for the use and support of the municipal government of the City of
Southlake, and to provide Interest and Sinking Fund for the year
Nineteen Hundred and Seventy-threeupon all property, real, personal
and mixed, within the corporate limits of said City subject to tax-
ation, a tax of Fifty Cents (50¢) on each One Hundred Dollars ($100)
valuation of property, said tax being so levied and apportioned to
the specific purposes here set forth:
For the maintenance and support of the general government
(General Fund), twenty-nine cents (29¢) on each One Hundred
Dollar ($100) valuation of property;
For the interest and sinking fund of the 1972 General
Obligation Bonds, twenty-one cents (21¢) on each One
Hundred Do,ar ($100) valuation of property.
Section 2. Ail monies collected under this ~rdinance for the
specific items therein name~ be and the same are hereby appro-
priated and set apart for the specific purpose indicated in each
item and that the Assessor add Collector of Taxes, the City Treas-
urer and the City Secretary shall keep these accounts so as to
readily and distinctly show the amount collected, the amounts ex-
pended and the amount on hand at any time, belonging to such funds;
it is hereby made the duty of the Tax Assessor and Collector of
Taxes and every person collecting money for the City of Southlake,
to deliver to the City Treasurer and the City Secretary at the time
of depositing any monies a statement showing to what fund such de-
posit should be made and from what source received. All receipts
for the City no specifically apportioned by this ordinance are
hereby made payable to the General Fund of the City.
Section 3.
from and after its passage.
PASSED AND APPROVED this the
ATTEST:
City Secretary --
That this ordinance shall take effect and be in force
18th day of September, A. D. 1973.
Mayor