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Ordinance No. 245• 0 ORDINANCE N0. AN ORDINANCE FIXING THE TAX RATE AND TAX LEVY FOR THE CITY hereby directed to • OF BAYTOWN, TEXAS, FOR THE FISCAL YEAR ENDING SEPTEMBER 30, of 1955, UPON ALL TAXABLE PROPERTY IN SAID CITY OF BAYTOWN, for the current taxable year, the amounts and rates herein TEXAS, IN CONFORMITY WITH THE LAWS OF TEXAS AND THE CHARTED. PROVISIONS AND THE ORDINANCES OF SAID CITY; AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN: SECTION l: That there shall be and is hereby levied and shall be assessed and collected for the year ending September 30, 1955, an ad valorem tax of One Dollar and Seventy -Two Cents ($1.72) on each One Hundred Dollars ($100) worth of ^ J property located within the present city limits of the City of Baytown,'made taxable by law, which said taxes when collected shall be apportioned among the funds and departments of city government of the City of Baytown and for the • purpose hereinafter set forth as follows, to -wit: For the General Fund 0 1;52 For the purpose of paying the accruing interest and to provide a sinking fund for the payment of the bonded indebted- ness of the City of, Raytoern .20 r SECTION 2: The ad valorem tax rate of One Dollar and Seventy -Two Cents 01.72) as set forth in 'Section 1, above, is hereby levied and shall be assessed and collected on only Fifty (50%) per cent of each One Hundred ($100) Dollars worth of property located within Baytown as valued by the Equalization Board for the City of Baytown, and made taxable by law. SECTION 3: The City Tax Assessor and Collector of the City of Baytown is • hereby directed to assess, extend and enter upon the tax rolls of the City of Raytown, Texas, for the current taxable year, the amounts and rates herein levied, and to keep a correct account of same, and when so collected, the same to be deposited in the depository of the City of Baytown, to be distributed in accordance with this ordinance. SECTION 4: All ordinances or parts of ordinances in conflict herewith are expressly repealed. READ, ADOPTED and APPROVED by the affirmative vote of a majority of the City Council of the City of Baytown, Texas, at a regular meeting held at the City Hall on the 9th day of September, 1954. P�v R. . Pruett, Mayor ATT ST : 1 7 Edna Oliver, City Clerk