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O-41-54 ORDINANCE NO. ~?I . AN ORDINANCE PROVIDING A TAX LEVY ON PROPERTY IN THE CITY OF CLERMONT FOR THE YEAR 1941; PROVID- ING A BUDGET OF EXPENSES FOR THE YEAR 1941 AND MAKING APPROPRIATIONS THEREFOR. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLERMONT: SECTION 1. It is hereby found and determined by the City Council that the following sums of money are required for the operation of the government of the City of Clermont for the year 1941: For General Operating Expenses $17,463.75 10,092.79 3,907.21 163.62 For Interest and Sinking Fund For Delinquent Tax Note Fund Reserve for Bonded Indebtedness SECTION 2. It is further found and determined by the Council that the total of the Assessment Roll of the City of Clermont for 1941, as prepared by the City Tax Assessor and as equalized, approved and confirmed by the City Council is $1,248,326.00; that each mill of taxes levied on said sum will produce $1248.32, if such taxes are collected in full; that the reasonable expectancy of the collection of taxes is 95 per cent. of the total Ĺ“evy and based on said expectancy of collection, each mill levied should produce $976.80; that there are homestead exemptions of $355,512.50 to be deducted from the total åssessment Roll to arrive at the value of property subject to taxation for operating expenses and in addition . thereto the further sum of $10,650.00 for widows' and dis- ability exemptions and the further sum of $74,685.00 for lands owned by the state of Florida and the further sum of $134,779.00 for property delinquent in taxes prior to the year 1941, leaving the total assessed value of property subject to taxation for operating expenses of the City, $672,699.50. that each mill levied, based on an exþectancy of collection of 95 per cent. should produce $639.06. ::11m-- "i;~:"" Page 2 of Ordinance NO. ~i . . .. SECTION 3. It is hereby found and determined by the City Council that to raise the above mentioned sums of money, a tax levy of 18 mills is required to be made as follows: For General Fund 3i Mills For Interest & Sinking Fund, and Reserve for Bonded Indebtedness :m~ Mills For Delinquent Tax Note Fund 4 Mills SECTION 4. There is hereby levied and shall be collected on each dollar of taxable property in the City of Clermont, a tax of 18 mills for the year 1941 as follows: For General Fund 3~ Mill s For Interest & Sinking Fund, and Reserve for Bonded Indebtedness lo! -Mills 4 Mills For Delinquent Tax Note Fund SECTION 5. The Tax Assessor of the City of Clermont is hereby directed to extend the Assessment Roll of the City heretofore approved by the Council in accordance with the millage provided in Section 4 of this ordinance and to deliver same to the City Clerk and Tax Collector with his warrant attached thereto. The City Clerk and Tax Collector 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. SECTION 6. The moneys raised by this t~x levy are hereby appropriated for the purposes for which levied; and no moneys 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 1942 and, second, for the retirement of the principal of such indebtedness in such manner as the Co~ncil may hereafter determine. No moneys raised for the Delinquent Tax Note Fund shall be used for any other purpose than the purchase of Delinquent Tax Notes of the City of Clermont. Page 3 of Ordinance NO. J-f . . SECTION 7. This ordinance shall be effective . immediately upon its passage and approval by the Mayor. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Passed by the City Council at its regular meeting held on 'ruesday, October 7th, 1941. ~~coun'il ATTEST: City éÍerk - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Received and approved by me this 7th day of October, A. D., 1941. Mayor 000 .