The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-05-27

derstood from you that you were in
thorough accord with all the provis-
ions of the bill as recommended by
the council. We hope you and Harper
will reconsider and join Stokes in
passing the original bill.
DeSILvA.
BEAR,
PFEIFFTR.
Finance Committee.
The Bill Itself.
Following is the bill amending the
city charter which is the subject of
the above correspondence:
An Act, to be entitled: An Act Re
lating to the Issuance Of Bonds and
Special Tax Bills; the Assessment,
Levy and Collection Of Taxes; the
Leasing, Regulation and Prohibition OF
Businesses, Occupations, Trades and
Amusements, and the Abatement of
Nuisances, by the City of Pensacola,
and also to Further Alter and Increase
the Jurisdiction, Privileges and Pow
ers of said City in Other Matters Per-
tanning to It's General Welfare, and to
Revise, Supersede or Repeal Conflict
ing Laws.
Be it enacted by the legislature of
the state of Florida:
Section l. The mayor and the city
council of the city of Pensacola, are
hereby authorized to compromise, re-
fund or extend the bonded indebted
ness of said city, maturing in the year
1911, and for that purpose they are
hereby empowered, without submitting
the question to the electors of said
city, to issue negotiable coupon bonds
of said city, of such denominations,
| bearing such rate of interest not ex
ceeding five per cent. e per cent? per
annum, and upon such terms and
conditions as may by ordinance be
determined, to an amount not exceed
| ing the total amount of the principal
and one years interest of the bonded
| Indebtedness compromised, refunded or
extended. The bonds hereby author
| lied shall be in addition to, and indie
| pendent of, the bonds authorized and
| issued, or to be issued, by Chapter
$3.50, Laws of Florida of 1905, but the
Board of Bond Trustees of the city of
Pensacola, created by said law, shall
be the trustees for said bonds and, as
such, shall have all the powers and
perform all the duties in reference
| thereto as said law vests in, and i'm
poses upon, them as to such other
bonds, and as may be provided by or
dinance not in conflict herewith
Sec. 2. The city of Pensacola shall
\ levy annually such special tax upon
the taxable property within the cor
porate limits of said city as may be
necessary to pay interest on said
bonds, and provide sinking fund for
the payment of said bonds, and by or
dinance require Of the trustees or
other persons handling the moneys
hereby provided for such bonds for the
faithful performance of their duties as
it may determine.
Sec. 8. That the mayor and city
council of the city of Pensacola are
hereby authorized to issue in accord
ance with the provisions of Chapter
60SS, Laws of Florida of 1909, special
Improvement bonds, the total amount
of which said bonds outstanding at
any one time shall not exceed four per
cent a per cent? Of the assessed valu-
alton of all property taxable by the
| city as is shown upon its assessment
rolls.
Sec. 4. That the tax assessor of the
city of Pensacola shall complete the
assessment roll on or before the LIST
day of June of each year, and the
same shall remain open in his Office
for inspection by the public every day
during the month of June, except Sun
days and legal holidays, and all COM
plants against assessments, to be pre-
sented to the Board of Equalization
as is now provided by law, shall be
filed with the assessor not later than
the LIST day of July.
Sec. 5. The Board of Equalization
shall meet for the purpose OF consid-
ering complaints and equalizing as
sessments every day during the month
of July, except Sundays and Legal
holidays, and for such further time as
may be necessary to complete Its
work, and shall transmit the assess
ment books containing the assess
ments, as the same may have beer
equalized, revised and fixed by it. tC
the city council at its first meeting IL
August or as soon thereafter as prac-
ticable, and the city council shall as
soon as practicable after the assess
ment roll has been submitted to, ant
approved and adopted by it, determine
the amount, and fix the rate of taxa.
ton, and make the annual tax levie:
for the current year.
, Sec. 6. The tax assessor shall cal.
culate and carry out on the assess
ment roll the total amount of the taxes
levied on the property assessed in ap
propriate columns, and when making
said calculations shall reject the frac
ton of cent when less than a half
. and count as one cent any fraction o
one-hak or over. He shall also MAX