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0202 (Taxes)ORDINANCE NO. Y O Y AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF TAXES FOR THE YEAR 1940 FOR THE CITY OF OKEECHOBEE, FLORIDA. BE IT ORDAINED BY THE MAYOR AND CITY COUrvCIL OF THE CITY OF OKEECHOBEE, FLORIDA: Section 1. That the City of Okeechobee, Florida, hereby levies a tax of 44 mills on each dollar valuation or real and personal property within the corporate limits of the City of Okeechobee, Florida, for the year 19+0; such taxes shall be assessed and collected in the manner provided by law, PROVIDED HOWEVER, that no taxes shall be assessed against home- steads having a valuation of $5000.00 and less; homesteads having a valuation of more than $5,000.00 shall be assessed on such amounts in excess of $5,002.00, except as provided in Section 2, of this ordinance. Section 2. That -a-7, mills of such tax shall be used for General city purposes and shall be assessed for the general fund of said city. That ten (10) mills of such tax shall be assessed for the payment arW satisfaction of that certain judg- ment obtained by Yeoman's Mutual Life Insurance Company, against the City of Okeechobee, Florida; said judgment having issued out of the U. S. District Court of the Southern District of Florida, a copy of which is recorded in the office of the Clerk of Circuit Court of Okeechobee County, Florida. Thatfive (5) mills of such tax shall be used for the payment and satisfaction of the balance due on that certain judment obtained by Pauly Jail Building Company, a corporation, and recorded in the office of the Clerk of Circuit court of Okeechobee County, Florida. That fifteen (15) mills of such tax shall be used for the pay- ment of that certain judgment obtained by E. T. McGaulley against said city of Okeechobee, in the U. S. District Court of the Southern District of Florida and recorded in the office of the Clerk of Circuit Court of Okeechobee County, Florida. That ten (10) mills of such tax shall be assessed for the purpose of complying with that certain Peremptory writ of mandamus in that certain cause pending in the Circuit Court - • r of Okeechobee County, Florida, wherein STATE OF FLORIDA ex rel CHAMPION SPARK PLUG COMPANY, a corporation wa.s relator anc the City of Okeechobee was respondent, which said peremptory writ commanded the said City to levy a writ sufficient to pay the sum of $2687.54, if said taxes were collected in full on the tax roll for the year 1941. That one (1) mill of such tax shall be assessed for the purpose of satisfying that certain judgment obtained by one Edward Parraddee against said City of Okeechobee, Florida. That all of said levies herein set forth shall be assessed against all homesteelds, regardless of value, within the City of Okeechobee, Florida, except the following: 27 mills assessed for General fund. 10 mills assessed for judgment of Yeomans Mutual Life Insurance Company. 1 mill assessed for Judgment of Edward Parraddee. 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 tax as aforesaid, into the funds set out in Section 2 of this ordinance and keep full and correct account of the 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 ordinance shall be in full force and effect upon its passage by the City Council and ap)roval by the Mayor. ATTEST: City Clerk CITY OF OKEECLOBEE, FLORIDA. By President City Council The foregoing ordinance having been unanimously passed and adopted by the City Council, is hereby approved, this November 4th., A. D. 1940. Y