Loading...
0230 .., , • '. • • 0 'qi7 Y?1:i�C'i• NO. ° 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 SUS- PENDING THREE AND ONE -.HALF MILLS TAX FOR INDUSTRIAL DEVELOPMENT BONDS FOR THE YEAR 1970; FOR THE PURPOSE OF EFFECTING CERTIFICA- TION 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 1971; 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 elec- tors of the City voted in favor of that tax to be collected with the taxes collected in the year 1971; 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 elec- tors of the City voted in favor of that tax to be collected with the taxes collected in the year 1971; and WHEREAS, Ordinance No. 179, dated August 18, 1965, was passed by the City Council of the City authorizing the issuance of Indus- trial Development Bonds, under Amendment No. 1 of the Constitu- tion 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 nec- essary to levy any tax upon the real and personal property assessed • t . • Page Two . during the year 1970 and to be collected during the year 1971 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 hous- ing of fire fighting apparatus, for the purchase of fire fighting apparatus, 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 sub- sequently 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 1971; and WHEREAS, it is necessary, in order to pay the Combined Bonds, with interest thereon, to levy, upon all real and personal proper- ty 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 JACKSONVITJF, 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 1971 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 pro- perty 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 tax • ' • + r. Page Three is suspended for the year 1970 and shall not be collected in the year 1971. Section 3. That a certified copy of this Ordinance be delivered by the City Clerk of the City of Jacksonvillb, 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 to 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 the 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 1971. 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: , 1970. APPROVED: Mayor ATTEST: City Clerk Page Four . STATE OF ARKANSAS ) Certificate COUNTY OF PULASKI ) I, the undersigned, City Clerk of the City of Jacksonville, Arkansas, do hereby certify that the foregoing is a true, correct and compared copy of Ordinance No. , passed by the City Council and approved by the Mayor of the City of Jacksonville, Arkansas, on the day of . , 1970, and that the same now appears of record in my office in Ordinance Book No. , page IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of the City of Jacksonvilb, Arkansas, this - day of , 1970. City Clerk (SEAT,)