Arizona republican., 1914-08-04

sessed value of property within the
City of Phoenix is hereby levied upon
all property. real and personal, within
the City of Phoenix, except such prop
erty as may be exempt from taxation,
for the purpose of providing a fund for
the payment of INTEREST on the
MUNICIPAL IMPROVEMENT BONDS
OF 1914 for the fiscal year commencing
on the first day of July, 1914 and end
ing on the thirtieth day Of June, 1915.
Sec. s. A tax of two and one fourth
cents $.O225) on each One Hundred
Dollars of the assessed value of prop
erty within the City of Phoenix is
hereby levied upon all property, real
and personal, within the City of Phoe-
| nix. except such property as may be
exempt from taxation, for the purpose
of providing a fund for the payment of
INTEREST upon the FUNDING
BONDS OF 1914 for the fiscal year,
commencing on the first day of July,
1914, and ending on the thirtieth day
of June, 1915.
Sec. Z. A tax of two and one-half
cents ($.025) on each One Hundred
Dollars of the assessed value of prop
erty within the City of Phoenix is
hereby levied upon all property, real
and personal, within the City of Phoe-
nix, except such property as may be
exempt from taxation, for the purpose
of providing a SINKING FUND for
| the redemption of the maturity thereof
| Of he
the fiscal year commencing on the first
day of July, 1914, and ending on the
thirtieth day of June, 1915
| Sec. s. A tax of two and three
redemption at maturity thereof of the
fourths cents (s.0275) on each One
Hundred dollars of the assessed value
of property within The City of Phoenix
is hereby levied upon all property, real
and personal, within the City of Phoe-
nix. except such property as may be ex>
empt from taxation, for the purpose of
providing q. SINKING FUND for the
MUNICIPAL IMPROVEMENT AND
FUNDING BONDS OF 1914, for the
| fiscal year commencing on the first
day of July, 1914, and ending on the
thirtieth day of June. 1915.
! Sec. 9. A tax of two and one-half
cents C.025) on each One Hundred
| Dollars of the assessed value of prop
erty within the City of Phoenix is
hereby levied upon all property, real
and personal, within the City of Phoenix
except such property as may be exempt
! from taxation, for the purpose of pro-
viding a FUND FOR THE ESTAB-
LISHMENT AND MAINTENANCE IN
THE CITY OF PHOENIX OF FREE
! PUBLIC LIBRARIES AND READING
ROOMS, for the purchase of books,
journals and publications therefor, and
the maintenance of buildings and rooms
. used and occupied for library and read
ing room purposes. for the fiscal year
commencing on the first day of July,
1914, and ending on the thirtieth day
Of June, 1915.
Sec. 10. A tax of two and one half
cents ($.025) On each One Hundred
Dollars of the assessed value of prop
erty within the City of Phoenix is
hereby levied upon all property, real
and personal, within the City Of Phoe-
nix, except such property as may be
exempt from taxation, for the purpose
of providing a CASH BASIS FUND, as
required and provided by Section Il,
Chapter XVIII of the City Charter, for
| the fiscal year commencing on the first
day OF July, 1914, and ending on the
thirtieth day of June, 1915.
Sec II. A tax of seventy cents
&.70)) on each One Hundred Dollars of
hn raI, nr n ~,
the City of Phoenix Is hereby levied
upon all property, real and personal,
| within the City of Phoenix, except
| such property as may be exempt from
taxation, for the purpose of providing
a GENERAL FUND for the DEFRAY-
ING OF THE GENERAL MUNICIPAL
AND ADMINISTRATIVE EXPENSES
of the City of Phoenix for the fiscal
year commencing on the first day of
July, 1914, and ending on the thirtieth
day of June, 1915.
Sec H. All ordinances and parts of
ordinances in conflict with the pro-
visions of this ordinance are hereby re-
pealed.
Sec. 49, WHEREAS. by the provis-
ions of the City Charter, the ordinance
levying the rate of taxation for the cur
rent fiscal year is required to be fin
ally adopted not later than the third
Tuesday in July; and,
| WHEREAS the levying of the rate Of
taxation for the current fiscal year is
necessary for the proper protection of
the public peace, health and safety:
NOW, THEREFORE,, an emergency
is hereby declared to exist, and this
ordinance is hereby exempted from the
referendum provision of the City Char
ter and shall be in full force and eff
feet from and after its passage by the
commission and approval by the Mayor
PASSED by the Commission of the
City of Phoenix this 21st day of July,
1914.
| APPROVED this DIST day Of July,
1914
GEO. U. YOUNG,
Mayor
Attest:
FRANK THOMAS.