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HomeMy WebLinkAbout2004-2746 - Ordinance - 09/09/2004ORDINANCE NO. 27/+6 AN ORDINANCE LEVYING THE AD VALOREM TAXES FOR THE USE AND SUPFORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF COLLEGE STATION, TEXAS, AND PROVIDING FOR THE GENERAL DEBT SERVICE FUND FOR THE YEAR 2004-05 AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: SECTION I That there is hereby lev~ed and there shall be collected for the use and support of the mumcipal government of the City of College Station, Texas, and to prowde General Debt Service for the 2004-05 fiscal year upon all property, real, personal and m. cxed w)!hm the corporate limits of said c~ty subjecl to taxat on. a tax of forty-six and forty nundredtl~s cenls ~$0 4640} on each one hundred dollar ~.$100 00) valuauon of property, and smd tax being so levied and apportioned to the specific purpose herein set forth' For the maintenance and support of the general government (General Fund). nineteen and forty-two hundredths cents ($0 1942) on each one hundred dollar ($100 00} valuation of property; and 2. For the general obligation debl service (Debt Service Fund}. twenty-six and nmely-e~ghl hundredths cents ($0 2698) on each one hundred dollars ($100 00} valuation of properly to be used for principal and interest paymenls on bonds and other obligations or'the fund SECTION II. All moneys collected under this ordinance for the specific items therein nm'ned. shall be and the same are hereby appropriated and set apart for the specific purpose indicated in each ilem and the Assessor and Collector of Taxes and the D~rector of Fiscal Services shall keep these accounts so as to readily and d~stinctly show the amount collected, the amounts expended and the amount on hand at any time. belong, qg to such funds. I! ~s hereby made the duty of the Tax Assessor and Collector to deliver a statement at the time of depositing any money, showing from what source such taxes were received and to what account (General Fund or General Debt Service Fund) the funds were deposited SECTION 111. That this ordinance shall tak~ effect and be in force from and aRer ~ts passage PASSED AND APPROVED TH IS 9 th DAY OF SEPTEMBER. 2004. ~/~EST: /~ Connie Hooks, Cit~Secretfiry APPROVED: City Allomey