Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1917-11-27
BY-L AW
Inposing the Tax Rate for the Fiscal
Year Ending June so, 1918.

SRCTIf n BE il established and or
dained By the Mayor. Counselor and
Aldermen of the City of Annapolis.
that the tax rate of ninety-five cents be
and the same 10 hereby, imposed on
each one hundred dollars Of assessshie
property in the City of Annapolis, for
the fiscal year ending June 80, 1918. to
be collected pursuant to the laws, as
contained ia the Charter, and the By
Laws and Ordinances OF the Mayor,
Counselor and Aldermen Of the City of
Annapolis.
SECTION 2.-And be it further estab-
lished and ordained by the authority
afore said. that out of the amount named
in the first section of this Bylaw, the
sum of twelve and one half cents out OF
each 90 cents collected, be. and the
same is hereby set apart for sinA ing
fund to pay the interest on the bonds
of the City of Annapolis. rs required by
the Acts of the General Assembly of
Maryland. at the sessions Of 1893. 1900.
1906 and 1910
SEcrloN S.-And be il further estab-
lished and ordained by the authority
aforesaid, that out OF the amo unit
named in the said first section OF this
Bylaw. the sum OF two cents
out OF each ninety five cents collected,
be, and the same is hereby, set apart
for sinking fund TO meet the bonds
issued in the year 1893, upon maturity.
SEcTToE 4. : And be it further estab-
Iished aud ordained by the authority
aforesaid, that out Of the amount
named in the said first section of this
By Law, the sum Of four and one-haif
cents out of each 9b cents collected,
be. and the same is hereby, set apart
for sinking fund 10 meet the bonds
issued in the yesr 1900. upon maturity.
SECTION 5-And be il further es-
tablished and ordained by the authori-
ty aforesaid, that our of the amount
named in the said Hrst section OF this
Bylaw the snn Of two cents ont OF
each ninety fiVe cents collected, be, and
the same is hereby set apart for .
sinking fund to meet the bonds issued
in the year 1895, upon maturity.
SECTION Sand be il further estab-
lished and ordained by the authority
aforesaid, that out Of the amount nam
ed in the frat section of this Bylaw,
the sum Of two cents Oft Of each %
cents collected. be, and the same is
hereby. set apart for q sinking fund to
meet the bonds issued in the year 1910,
upon maturity.
SxcTIoN 7.--And be it further estsh-
lished ard ordained by the authority
aforesaid, that il snail be The duty Of
the Collector aud Treasurer. to collect
the sums SO set apart for the several
sinking funds, and to keep separate
receipts snd accounts thereof, and 20
deposit the sans To the credit of the
said sinking funds, as required BY the
several Acts OF Assembly and ordinan-
ces relating 10, and providing for said
several bond issues, and to receive on
account thereof, nothing but current
money of the United states; and it
shall be the duty of the said Collector
and Treasurer. and he is hereby direc-
Ted, to express on the tax bills. for the
said fiscal year that seventy-two cents
out of each ninety-fvs cents collected, is
for ordinary expenses of the City; and
that twslve and one-half cents out Of
each 90 cents collected il for
sinking fund to pay the interest on the
bonds authorized BY the different
Acts of Assembly as aforesaid
and that two cents out of each ninety
five cents collected is for the sinking fund
for the payment of the bonds issued under
the authority of the Act of Assembly of
the year 1853; and that four and one
half cents out OF each ninety -fivs cents
collected 10 for the sinking fund for
the payment of the bonds issued under
the authority of the Acts OF As
sembly Of the year 1906; and that two
cents out of each o5 cents collected
is for the payment Of the bends issued
under the authority of the Act of As
sembly. of the year 1910.
SECTION 8.--And be it established
and ordained by the authority afore-
said, that this Bylaw shall take eff
feet from date of its passage.
Approved July q, 1917
JAMES F. STRANGE, Mayor. |
True Copy Test
phil. E PORTER. Clerk.