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0325 (Taxes)ORDINANCE NO. 325 AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF TAXES FOR THE YEAR 1967 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 tax of 7 mills on each dollar valuation of real and personal property within the corporate limits of the City of Okeechobee, Florida, for the year 1967; such taxes shall be assessed and collected in the manner pro- vided 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 5 mills of such tax be used for General City purposes and shall be assessed for the General Fund of said City. That 2 mills of such tax shall be assessed for the interest and sinking fund for the pay- ment of interest and principal of General Refunding Bonds, Issue of 1942, 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 4. All ordinances, or parts of Ordinances, in conflict herewith be, and the same are hereby repealed. SECTION 5. This Grdinance shall be in full force and effect upon its passage by the City Council and approval by the M yor. PASSED AND ADOPTED in regular session this 5tday of December A. D. 1967. ATTEST: CITY CLE The above and foregoing Ordinance is hereby approved this 5th day of De ember , A. D. 1967. CITY OF OKEECHOBEE By: , t cg, E' 'CITY ITY COUNC YOR