O72-11CITY Of KENNESALE raDINANCE NO, 72-11
AN ORDINANCE LEVIING TAXES FaR THE USE AND SUPPORT
OF THE MUNICIPAL GOVEaNNSENT Of THE Girl OF KENNELILE,
TEXAS, AND 2a0VIDING Foa THE 'BOND AND INTEREST RE -
TIREYIENT FUNDS OF ALL OUTSTANDING GENERAL OBLIGATION
BONDS OF THE CITY, AND Of GENEEAL OBLIGATIaN BONDS
TO 3E ISSUED DURING THE. ENSUING YEAR, FUR THE TAX
YEAR 1972, AS HEREIN SET FOEZEI; APPORTIONING EACH
LEVY FOR THE SPECIFIC 2U120SE; AND PROVIDING AN EF-
FECTIVE DATE.
IT ORDAINED, 31 THE CITY COUNCIL OF THE CITY KENNEDA E 77X4c'''
Section 7 That there is Hereby levied d there shall
collected for the use -and suppbrt of the municipal government of
the City of Rennedale, Texasand to providean interest and sink -
ing.tund tor the retirement at each series or -outstanding general
obligation tax bondsotthty of_Kennedare,,Texas.„ and om gen-
eral obligatIonax bonds of tne Oicy of Kennedare.,_fexas to ce
issued during_the ensuing year, as-Uereinafter set torth,raupon all
property, rear, pereonar and mixed within tnecorporate
the City,ot_KennedareTexas, suolect to taxation,. a tax,ot-sr„35,
on each 4,LLAJ.00 valuation o property forthe tax year 19J2, said
tax being so levied and apportioned for the purposee herein set
forth:
for_the interest and Sinking Funds of the,City
of,Kennedale, Texas, for_payment, of Principal
ant interestmaturinkand accruing upon a
outstandmng GeneralJblagatmon Tax ,Londs,of,_.
thecity ot_Lenneaaie, bexasandGeneral Obli-
gation Iax i-oads to be issued durina tjae ensuMng
year,. a tax of One Dollar i(N,0,:0) on each One -
Hundred Dollars (4,4100,00) valuation 672 property,
(b) For the maintenanceand bort of rhe- gene7a7
government of the citv ot Aennedale, Taxac,
Tond), a tax_
(35(;') on each -One Hand- H Dollars
va-77,7aion of property.
Section 2, Outstanding General Obli, tion Bonds of the
City of Kennedale, Texas which are referred to in Subparagraph (a)
.cf.Bection 1 of this ordinance include the following; City of
nedaie Water Works System Eonds, Series 1952; City of Kennedale
water 24-iuuLL`6, b,t:J_L&S .k,iuy or KennedaIe General
bligation•Bonds, Series 1960; City of Kennedale General- Obliga-
tion Bonds, Series 1962; City of Kennedale,General Obligation Eonds,
Series 1964; City of- Kennedale General Obligation Dohds,,,Series
1965; City of Kennedale RefundingBons,. Series 1967; ad,City of
Kennedale Tfiater,WorksSystemand ewer„System General Obligation
Bonds,_Series,1970 and .19;0-A. General Obligation Bonds ::
City ot Kennedare, Texas, reterred to In said 6uppararapbi (a) of
saction 1 of f7his ordinance a.c;', intended to be. issued -dur-7ng the
ensuing year include the following; City of Kennedale General
m 71
lic-ation-Bonds_in a sum not to exceed Thirty inousand Dorrars
(s OUO.Ooi, tor sewer system improvements, as authorized -in an
, . _ 07 •
r -
e1ectIon held in the cloy WL. Renneaere oll,oauuary sr, i9io,_,cue
returns ot-which election were. canvassed bycityof.Kennedare Or-
dinance No, 70-2 adopted on February 12, I9jo, which autormzed
bonds have not been heretofore issued; and City- of Kennedale Gen-
ral Obligation Bonds in a sum not to exceed One Hundred- Forty
7 , ^
Thousand Dollars mor sev,ar system Improvements, a
u
--
uy cu. ouue
1972, the returns of whic election were canvassed by City of
v eda_e
ion auth-v
.. � Teri
shall
vided
4 the
distincu-
o n
3'va
to -le
mani
zed on
eve
s..io.._ ... m .d'4_._ti vr."�".. ...Lad..e..:. - i' -Tied and there s.+:eai
rati
,,....3.1+,.+.-.._. ...J eih1.=.. Taus .. _...:'.e State
taxes
i,._ advance se :c �. �J'S.' :re v:^__L5. 3w3se
then as :':_ 3i id• a .e' state
Hereby a PAC _iated e mai_lance
-F the ,,ems:. At; .L,.^3a &Jtf ern m':..3..w.... (Ge_?eYa l ._ 3'
Section i<
_.._es uv%'6`�,.o e
set apart for sa e
Iali Aeep accounts so
23the amo
r
time
recery
rtio
Generai Fund
Zion udinance
is '=.,
pose. 3 0 v
t0 Tea( v.: 1
expended Lit:
and it Here -
and eve per -
Tex 2 .s
-la such depr
=Less
othere
iri... This 33:1- 23 ,. :1al . ak effect
effect - z. ',i �Lr and c "'ter its
AND APPROVED this
e 4 a