The Belding banner-news. (Belding, Mich.) 1918-1973, 1918-10-09


sinking Fund shall be required in the |
case Of serial bonds which fall due
GENERAL TAXATION
Subjects Of Taxation.
Section /. The subjects Of taxation
for municipal purposes shall be the
same as for state, county and school
purposes under the general law, and
the amount annually raised shall not
exceed the limit Of per cent for
general city purposes, $40 Of per
cent for Sinking Fund and ITO Of
per cent for City Library purposes.
Time For Making Assessment Rolls.
Section 2. Between January / and
the first meeting of the Board of Re-
view in each year, the Assessor shall
roll in the manner and form provided
in the general tax law.
Valuing of Real and Personal Prop
erty.
Section 3. Said Assessor shall es-
innate according to his best informa-
tion and judgment, the true cash val
ue of every parcel of real property
and set the name down opposite such
description. He shall also estimate
the true cash value of all personal
property of 'each person and set the
same down opposite the name of such
person.
Delivery of Assessment Roll.
Il Section a. The Assessor shall sign
and deliver the assessment roll TO
the Board of Review at its first meet
ing.
Board of Review-Appointment of
Members.
Section S. There shall be a Board
of Review, consisting of three MEM
bers, to be appointed by the City Com
mission, one in January of each year.
and whose term shall commence on
\ the first day of April next following
and shall continue three years; Pro-
vided, that in March Nineteen Hun
dred Nineteen, three members of said
board shall be so appointed, to serve
terms of one, two and three years,
respectively commencing April l..
Nineteen Hundred Nineteen. Vacan-
cies in said board may be filled by
the City Commission at any time.
Organization and Procedure of Board
of Review.
Section 6. The Board of Review
shall meet on the last Monday of
; April of each year and continue in
have been revised, corrected and APP
proved, but not later than the Satur-
day following the first Monday in May
, in each year. 1t shall, except as
herein otherwise provided, have and
, exercise the powers and duties of
boards of review in townships and
; with like effect. 1t shall elect it's
, chairman and the City Clerk shall act
as secretary. 1t shall be the duty
of such secretary to keep permanent
record of all proceedings, and to enter
therein all resolutions and decisions
of the board.
, Notice of Meeting.
Section z. The City Clerk shall
give notice to the public Of the time
and place Of meeting of the Board of
, Review by publication in at least one
, newspaper published and circulated
, in this city at least two weeks i'm
mediately preceding such meeting,
, and also by posting three notices
thereof in public places in said city
: during all of said time.
Powers and Duties of Board of Re-
view.
Section 8. The Board of Review
J shall have power and it shall be its
, duty to amend and correct any assess
J ment or valuation and to place upon
the assessment roll of the city any
. taxable property real or personal not
already assessed, and to strike from
} said roll any property. real or person
al wrongfully thereon. Any person
, considering himself aggrieved by rea-
, son of any assessment may complain
, thereof either verbally or in writing
, to said board and said board shall re
view the assessment complained OF,
and may alter and correct the same
: and may in its discretion increase or
/. ~ av,f Tho
: currence of a majority of the board
shall be sufficient to decide any ques-
, ton of altering or correcting any as
sessment complained of. And upon
the completion of such revision by
, the Board of Review, the Clelk shall
certify the same as is provided for in
the case of cities of the same class.
Confirmation of Roll.
Section 9. When the Board of Re-
view shall have completed its review
and correction of such assessment
} roll, the same shall be delivered to
the City Commission and the City
Commission shall proceed to fully
and finally confirm such assessment
, roll.
Validity of Tax Roll.
; Section 10. Upon the completion
of said roll and its confirmation in the
HldiiftCf dlOi Cc<Aid, OiiC SdinC oiidAh NC
conclusively presumed by all courts
to be valid and shall not be set aside
except for causes in the general tax
law mentioned.
Collection of City Taxes.
Section IL. Upon completion of
said rolls they shall be delivered to
the City Clrk with a warrant from
the City Commission authorizing and
directing him to collect from the per-
sons named in said rolls the taxes
therein set forth. The taxes shall
be due and payable on the first day
of June and shall be payable from
the first day of June to the first day
of July with collection fee Of one
per cent added; an additional collec-
ton fee of one per cent per month
shall be added and collected on all
taxes remaining unpaid from and in
Guiding the first day of July. The
(ytv Clerk shall pive notice bv publi-