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Ordinance No. 1,270ORDINANCE NO. 1270 AN ORDINANCE FIXING THE RATE AND TAX LEVY FOR THE CITY OF BAYTOWN, TEXAS, FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1973, 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, 1973, an ad valorem tax of ONE AND 35/100 ($1.35) DOLLARS for each ONE HUNDRED AND NO /100 ($100.00) DOLLARS OF assessed value of property located with the City Limits of the City of Baytown on January 1, 1972, 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 purpose hereinafter set forth as follows: General Fund Operations $ .9511 Debt Service for payment of bonded indebtedness 3989 TOTAL 5 Section 2: The ad valorem tax rate of ONE AND 35/100 ($1.35) 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, 1972, as valued by the Equalization Board of 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 1 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 Section 4: All ordinances or parts of ordinances in conflict herewith are expressly repealed.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 its regular meeting held at the City Hall in the City of Baytown on the 5th day of September, 1972. C. GLEN WALKER, Mayor ATTEST: 0 IVER, City Clerk APPROVED: NE RICHARdSON, City Attorney -2-