The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-06-17
Continued From Yesterday1

1 said City Council shall at any
| time, under and by virtue of the
/ powers before granted by law
/ issue any bonds, predicated upon
unpaid city warrants now in CIR
culation, such bonds may bear a
irate of interest not to exceed
| eight percent. per annum, III
/ which case such bonds shall be
made redeemable at any time at
the option of said city.
The City Council is further au-
| thorized and empowered to levy
a sufficient tax upon all real
and personal property situated
within the corporate limits OF
such city, each year, to pay the
annual interest and to pay not
less than two per cent annually
| of the principal of said bonds, be-
sides all expenses of assessing and
collecting The same which said
two per centum of the principal
so raised by taxation and the in
terest accruing thereon, when
collected, shall be and remain a
sinking fund to pay said bonds.
and the same may be invested by
the City Council in United States,
State or County bonds or in the
bonds of the City of Key West,
including revenue bonds; and no
bonds shall be issued under this
provision until a levy as herein-
before provided, shall have been
made, and when such levy shall
have been made, the same shall
continue in force until the whole
amount of the principal and in
terest shall have been fully paid.
Qualifications
Section 48. No person shall be
eligible to the position of City
Councilman except qualified
electors of the City of Key West.
And it shall be the duty of
the Board Of Election Commits
sioners hereinafter provided for
to carefully examine the qualifi-
cations of each candidate for any
elective office, and if it be found
that he is not qualified hereunder
his name shall not be placed up
on the official ballot herein pro-
vided for, and he shall, under no
condition be given a certificate of
election.
Taxation
Section 40. All property which
is subject to state taxation shall
be assessed and listed alphabetic-
ally or otherwise for the entire
city in the name of the owner
whenever the name of such own
err is known to the assessing of
ficer, or when the property has
been returned as herein provided;
provided, the owners of such prop
erty are unknown and have failed
to return as herein provided shall
be listed and assessed according
to lots and plots of the several
tracts or PITTS of land within the
city. The City Council is here
by authorized to adopt by ordi-
nance an official map or plat book
of the City of Key West and when
adopted assessments, with de-
scriptions referring to said Off
cial map or plat book, shall be
validated and held sufficient for
any and all assessment purposes
on the tax rolls of said city, and
said official map or plat book
shall be received in evidence in
all proceedings in any court rela-
tive to tax assessments of said
city. This assessment shall not
be held to invalidate or annui
any other legal method or plats
used by said city in describing
assessed properties on its tax
rolls. All property shall be as
sessed as of the first day of Jam
nary of the year for which such
assessments are made.
Section so. All persons, cor
porations or firms owning proper
ty, whether real or personal, sub
ject to taxation by the City of
Key West. are hereby required 10
make returns of the same before
the first day of March in every
year thereafter, to the Collector
Assessor of said city.
Section 81. Such return shall
be made upon and in compliance
with blanks prepared therefor and
furnished by the City of Key
West, and shall contain a COM
plete list Of ell property taxable
by the city belonging to such per-
SON. corporation or firm. on the
first day Of January in the year
for which such return Is made,
together with the full cash value
thereof. giving separately an In
telIigihle description in full cash
value Of each separate lot or par
eel Of real estate.
The description and valuation
thus returned, Ray be considered
by the Collccsor-ASseSsar ID nak-
ing assessments. but he shall not
be bound thereby. Should any
person. corporation or firm onasf
to make return Is above required.