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O-49-93 .. ORDINANCE NO. 93 AN ORDINANCE PROVIDING A TAX LEVY ON PROPERTY IN THE CITY OF CLERMONT FOR THE YEAR 1949; PRO- VIDING A BUDGET OF EXPENSES FOR THE FISCAL YEAR 1949-1950 AND MAKING APPROPRIATIONS THEREFOR. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLERMONT: SECTION I. It is hereby found and determined by the City Council of the City of Clermont, Lake County, Florida, that the following sums of money are required for the operation of the government of the City of Clermont for the fiscal year of 1949-1.950: For General Operating Expenses For Interest $ 16,638.54 ~,8:Iõ~02 15,000.00 Sinking Fund for Bord ed Indebtedness SECTION II. It is further found and determined by the City Council that the total of the assessment roll of the City of Clermont· for 1949 as prepared by the City Tax Assessor and as equalized, approved and confirmed by the City Council is $2,533,168.00; that the following deductions from said assessment roll must be made in order to arrive at the value of property subject to taxation for Bond Debt Service: Total Roll 2,533,168.00 Widows & Disabled 25,850.00 62,625.00 74,650.00 State,County,School City Lands Churches & Fraternal 68.000.00 Less 2% uncollected Total 231,125.00 2,302,043.00 46.040.80 2,256,002.14 .. and each mill thereon will produce $2,256.00 if such taxes are collected in full; and, that the following deductions from the assessment roll of $1,067,535.00 must be made in order to arrive at the true valuation of property subject to taxation for General Operating Expenses: Homestead Exemptions Excluded area (1941) 1,029,850.00 37,685.00 .. . thereby leaving a total of $1,188,467.14, and that each mill levied thereon should produce $1188.47 if such taxes are col- lected in full. SECTION III. It is hereby found and determined by the City Council of the City of Clermont that to raise the above mentioned sums of money a tax levy of 25 mills is required to be made as follows: For General Fund For Interest & Sinking Fund and Reserve for Bonded Indebtedness 14 Mills 11 Mills SECTION IV. That there is hereby levied and shall be collected on each dollar of taxable property in the City of Clermont and in the area excluded from the City of Clermont by Chapter 21152, Acts of the Legislature, 1941, for interest and Sinking Fund, and Reserve for Bonded Indebtedness, a tax of 11 mills for the year of 1949 on all property in the City of Clermont save and except that property included in the area as excluded from the City of Clermont by Chapter 21152, Acts of Legislature, 1941, for General Operating Expenses a tax of 14 mills for the year of 1949 as follows, to wit: For General Fund 14 Mills For Interest & Sinking Fund and Reserve for Bonded Indebtedness 11 Mills SECTION V. The Tax Assessor of the City of Clermont is hereby 'directed to extend the assessment roll of the City of Clermont heretofore approved by the City Council in accordance with the millage provided in Section IV of this ordinance and to deliver same to the City Clerk and Tax Collector, and is hereby directed to collect the said taxes at the time and in the manner provided by law and the general ordinances of the City of Clermont, Florida. SECTION VI. The monies raised by this tax levy are hereby appropriated for the purposes for which lewied¡ and no monies raised for the Interest and Sinking Fund and Reserve for Bonded Indebtedness shall be used for any other purpose than paying, first, the Interest on indebtedness of the City of Clermont .' .. falling due during the calendar year of 1949 and, . second, for the retirement of the principal indebtedness in. such manner as the Council may hereafter deteDine. SECTION VII. This ordinance shall be effective immed- iately upon its passage and approval by the Mayor. ------ - - - - - - - - - - - - - - - - - - - - - - - - - - PASSED by the City Council at its adjourned regular meeting held the 17th day of October, A.D., 1949. preé~'il Attest: 'lYI:J~ City Clerk - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - APPROVED by me this 17th day of October, A.D., 1949. . 7t£#~ .