0361 (Taxes)ORDINANCE NO. 361
AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF TAXES
FOR THE YEAR 1972 FOR THE CITY OF OKEECHOBEE, FLORIDA.
BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY
OF OKEECHOBEE, FLORIDA:
SECTION 1. That the City of Okeechobee, Florida, hereby levies a
and
tax of 10 mills on each dollar valuation of real/personal property within
the corporate limits of the City of Okeechobee, Florida, for the year 1972;
such taxes shall be assessed and collected in the manner provided by law,
PROVIDED HOWEVER, that no taxes shall be assessed against homesteads, having
a valuation of not more than $5,000.00 for the General Fund of said City.
SECTION 2. That 7 mills of such tax be used for General City
purposes and shall be assessed for the General Fund of said City. That 3
mills of such tax shall be assessed for the interest and sinking fund for
the payment of interest and principal of General Obligation Refunding Bonds,
Issue of 1971, of said City.
SECTION 3. It shall be the duty of the Tax Collector of said City
and the City Clerk of said City, to divide the proceeds received from said
taxes as aforesaid, into the funds set out in Section 1 of this Ordinance
and keep full and correct account of same as they may be directed by the
City Council.
SECTION ). All ordinances, or parts of Ordinances, in conflict
herewith be, and the same are hereby repealed.
SECTION 5. This Ordinance shall be in full force and effect upon
its passage by the City Council and approval by the Mayor.
PASSED AND ADOPTED IN REGULAR ADJOURNED SESSION THIS 7th Day of
September A. D. 1972.
CITY OF OKEECHOBEE \(
By: L�r�L d�
PRESIDENT CITY COUNCIL
ATTEST:1/4/e�
CITY CL
The above and foregoing Ordinance is hereby approved this 7th Day of
September, A. D. 1972.
Cit/Vco(
OR