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Ordinance No. 1,127ORDINANCE NO. 1127 AN ORDINANCE FIXING THE RATE AND TAX LEVY FOR THE CITY OF BAYTOWN, TEXAS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1972, UPON ALL TAXABLE PROPERTY IN SAID CITY OF BAYTOWN, TEXAS, IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS AND THE CHARTER PROVISIONS AND ORDINANCES OF SAID CITY; AND RE- PEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN: Section 1 : There shall be and is hereby levied and shall be assessed and collected for the year ending September 30, 1972, an ad valorem tax of ONE AND 39/100 {$1,39} DOLLARS for each ONE HUNDRED AND NO /100 ($100.00) DOLLARS OF assessed value of property located within the City Limits of the City of Bay- town on January 1, 1971, made taxable by law, which said taxes, when collected, shall be apportioned among funds and departments of City Government of the City of Baytown and for the purposes hereinafter set forth as follows: General Fund Operations $1.0788 Debt Service for payment of bonded indebtedness 0.3112 TOTAL 1.3900 Section 2: The ad valorem tax rate of ONE AND 39/100 ($1.39) DOLLARS as set forth in Section 1, is hereby levied and shall be assessed and collected on only Fifty (50 %) percent of each ONE HUNDRED AND NO /100 ($100.00) DOLLARS worth of property located within the City Limits of the City of Baytown on January 1, 1971, as valued by the Equalization Board for the City of Baytown and made taxable by law. Section 3: The 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 Baytown, Texas, for the current year the amounts and rates herein levied, and to keep a current account of the same. All collection of such taxes, as well as collection of taxes owed from prior years, to include penalty and interest thereon, shall be deposited in the official depository of the City of Baytown to be distributed between the General Fund and the Debt Service on a basis determined by the percentage that each of the dollar figures in Section I above bear to the above stated tax rate. Section 4: All ordinances or parts of ordinances in conflict herewith are expressly repealed.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 at a special meeting held at the City Nall in the City of Baytown on the 27th day of September 1971. ATTEST: EDNA OLIVER, City Clerk APPROVED: aw 4�d'. NEEL RICHAR SO , City Attorney —2-- C. GLEN WALK ER, Mayor