0215 ORDINANCE NO. _ I5
AN ORDINANCE FOR THE PURPOSE OF LEVYING FIVE MILLS, ONE-HALF
MILL, ONE -HALF MILL, AND FIVE MILLS, TOTALING ELEVEN MILLS
TAX AGAINST PERSONAL AND REAL PROPERTY WITHIN THE CORPORATE
LIMITS OF THE CITY OF JACKSONVILLE, ARKANSAS; FOR THE PURPOSE
OF SUSPENDING THREE AND ONE - HALF MILLS TAX FOR INDUSTRIAL
DEVELOPMENT BONDS FOR THE YEAR 1969; FOR THE PURPOSE OF EFFECT-
ING CERTIFICATION TO THE COUNTY CLERK OF PULASKI COUNTY OF THE
TAX LEVIED; PRESCRIBING OTHER MATTERS PERTAINING THERETO; AND
DECLARING AN EMERGENCY.
WHEREAS, it is necessary to meet current obligations and
expenses of the City of Jacksonville, Arkansas (called "City "),
to levy upon all real and personal property within the City, a
tax of five (5) mills to be collected with the taxes collected
in the year 1970; and
WHEREAS, Ordinance No. 172, dated May 19, 1966, was passed
by the City Council of the City and called for a special election
to determine the question of levying a tax of one -half (1/2) mill
on all real and personal property within the City for the purpose
of establishing and funding a Firemen's Relief and Pension Fund;
and an election was subsequently held at which the qualified
electors of the City voted in favor of that tax to be collected
with the taxes collected in the year 1970; and
WHEREAS, Ordinance No. 172, dated May 19, 1966, was passed
by the City Council of the City, and called for a special election
to determine the question of levying a tax of one -half (1/2) mill
on all real and personal property within the City for the purpose
of establishing and funding a Policemen's Pension and Relief Fund;
and an election was subsequently held at which the qualified
electors of the City voted in favor of that Isax to be collected
with the taxes collected in the year 1970; and
WHEREAS, Ordinance No. 179, dated August 1$, 1965, was passed
by the City Council of the City authorizing the issuance of In-
dustrial Development Bonds, under Amendment No. 49 of the Consti-
tution of the State of Arkansas, levying a tax sufficient to pay
the principal of and interest on these Industrial Development
Bonds; and finding'that a levy of three and one -half (3 -1/2) mills
would be sufficient to pay those sums; and, whereas, it will not
be necessary to levy any tax upon the real and personal property
Page Two
assessed during the year 1969 and to be collected during the
year 1970 for the payment of these Industrial Development Bonds;
and
WHEREAS, Ordinance No. 196, dated November 2, 1967, was passed
by the City Council of the City and called for a special election
to determine the question of issuing bonds (called "Combined Bonds ")
for the purpose of the acquisition of a site for and the construc-
tion and equipment of a city library, for the acquisition of a site
for and the construction and equipment of buildings for the housing
of fire fighting apparatus, for the purchase of fire fighting ap-
paratus, for purchasing and improving a city park (including the
construction and equipment of a community recreational center and
swimming pool, with appropriate fixtures and appurtenances), and
for the refunding of the hospital bonds; and an election was subse-
quently held at which the qualified electors of the City voted in
favor of that tax to be collected with the taxes collected in the
year 1970; and
WHEREAS, it is necessary, in order to pay the Combined Bonds,
with interest thereon, to levy, upon all real and personal pro-
perty within the City, a special tax of five (5) mills, in lieu
of the tax to pay the hospital bonds.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF JACKSONVILIE, ARKANSAS:
Section 1. That a tax of eleven (11) mills on each dollar of
assessed valuation of all real and personal property within the
City, be and hereby is levied by the City Council of the City to
be collected with the taxes collected in the year 1970 for the
purpose of general revenues, the Combined Bonds, establishing and
funding Firemen's Relief and Pension Fund, and establishing and
funding Policemen's Pension and Relief Fund.
Section 2. That the tax of three and one -half (3 -1/2) mills
on each dollar of assessed valuation of all real and personal
property within the City for the purpose of paying the principal
of and interest on Industrial Development Bonds under Amendment
No. 49 of the Constitution of the State of Arkansas, be and that
Page Three
tax is suspended for the year 1969 and shall not be collected in
the year 1970.
Section 1 That a certified copy of this Ordinance be delivered
by the City Clerk of the City of Jacksonville, Arkansas, to the
County Clerk of Pulaski County, Arkansas, whose duty it shall be
to extend said eleven (11) mills tax against all real and personal.
property assessments made against properties within the corporate
limits of the City of Jacksonville, Arkansas.
Section 4.. That it is hereby ascertained and declared eo be
essential to the operation of the City, and to the health, safety
and welfare of its inhabitants, that the rate of taxation set out
above in this Ordinance be levied and certified to Lhe County Clerk
of Pulaski County immediately, in order that it may be extended on
the tax book of Pulaski County for collection in the year 1970.
It is, therefore, declared that an emergency exists and this Ordi-
nance shall be in force and take effect immediately upon its pass-
/
age.
PASSED:
i%7 « >1r 5f � 1969.
APPROVED:
ATTEST: , lNayor
/ fit ,, G f ,: n A
014 clerk