HomeMy WebLinkAboutOrdinance 57
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AN ORDINANCE APPROPRIATING AND ALLOCATING ALL
REVENUE AND FUNDS 0]' THE\,c'ITY OB' OCOEE, FLORIDA,
FOR THE TAX YEAR BEGI'NNING ON N0V_~I'/;3ER 1, 1940,
AND ENDING ON OCOTBEE 31, 1941.
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WHEREAS, the total mrount necessary, as determined
by the City Council of the City of Ocoee, It'lorida, to defray the
actual operating and de~t service requirements of the Municipal
government of said City for the tax co1'1ection year which begins
on November 1, 1940, and which ends on October 31, 1941, is the
sum of $205,851.08, and
WHEREAS,\ thetota'l debt service requirements of
said City for said year amounts to the sum 'of $205,077.49, all
of which said sum is levied and is now allocated and appropria-
ted. to the payment of the principal and interest upon said City's
Bonds and Interest, and; I
WHEREAS, the total amount necessary for the opera-
ting expenses of said City for said year is the sum of $2,781.74,
and;
WHEREAS, the total amount necessary for a sinking
fund for water department is $386~74, and
WHEREAS, a tax levy on all taxible real and personal
property within the said City is necessarily to be made in the
amount of 783 mills on the properties within the present boundaries
of the City of Ocoee and 777 mills on'the property excluded from
the present boundaries of the City of Ocoee; and
WHEREAS, said tax levy will be proportionately set
out and is now allocated as follows:
Brown Crummer Judgment and interest
Meredith, Rodgers & Martin judgment
and interest ,
G. D. Howell judgment and interest
Outstandl'ng bonds aqd inter~st not
reduced to judgment
Sinking fund for water 'department
Operating expenses
4
430
3
340
3
3
-
. Fines and forfeitures
Water rents
Licenses
P. O. Rent
75.00
2,000.00
200.00
120.00
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and
Total ~.~ ~A~~2,395.00
WHEREAS, the expenses of the operation of said City
to be paid from its general fund is expected to be as follows:
Administration, all departments
Notes Payable
2,301.74
480.00
Total - - - - 2,781.74
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now, therefore,
BE IT ORDAINED BY THE CITY OF OCOEE:
Section 1. That the sum of $205,(Q.T7.49.. or such
portion thereof as may be realized from the collection of the tax
of mills levied as aforesaid, be, and the same is allocated and
appropriated to the full satisfaction'of current debt service
requirements for the year beginning November 1, 1940, and in full
conformi ty with the tenor and effec't of that certain resolution
of said city authorizing the issuance of its Bonds of all issues.
$2,781.74
Section 2. That the sum of. I!H ~or such protion
thereof as may be realized from the collection of anticipated re-
venue as above set forth be, and it hereby is allocated and appro-
priated to the General Fund of said City, for disbursement in
conformity to the provisions of the Charter of said City during
the tax collection year beginning November 1, 1940.
Section 3. That the sum of$386.74'or such portion
thereof as may be realized from the collection of anticipated re-
venue as above set forth be, and it hereby ,is allocated and appro-
priated to the sinking fund for water of said City, for disburse-
ment in conformity to the provisions of the Charter of said City
during the tax collection year beginning Noveml;>er 1, 1940.
Section 4. That this ordinance shall become effec-
tive immediately upon its becoming an ,ordinance.
Section 5. That all ordinances and parts of ordin-
ances in conflict herewith be, and are, to the extent of such
conflict hereby repealed.
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ATTEST:
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CItY Clerk, City of Ocoee.
Passed by the City Council,
July 28, 1941.
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,Approved by the Mayor, July 28,
If) 1941.
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Mayo;(City of o~~e; .
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