0270 (Taxes)ORDINANCE NO. 270
AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF
TAXES FOR THE YEAR 1955 FOR THE CITY OF OK EC ~IOBEE,
FLORIDA.
BE IT ORDAINED BY THE MAYOR AND TFE CITY COUNCIL OF
THE CITY OF OKEEC OBEE, FLORIDA:
SECTION 1. That the City of Okeechobee, Florida, here-
by levies a tax ofl3.5 mills on each dollar valuation
of real and personal property within the corporate limits
of the City of Okeechobee, Florida, for the year 1955;
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 8.5 mills of such tax shall be used for
General City purposes and shall be assessed for the Gen-
eral Fund of said City. That 5 mills of such tax 811411
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 con-
flict herewith be, and the same are hereby repealed.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 26th day
of October A. D. 1955.
CITY OF OK`:':ECHOBEE
PRESIDENT CITY COUJNCIL
The above and foregoing Ordinance is hereby approved this 26th
day of October, A. D. 1955.
MAYOR CITY OF OKEECH0BE ,
OKEECHOBEE, FLORIDA