HomeMy WebLinkAboutORDINANCE NO. 476 CAPTIAL IMPROVEMENTS FUNDS - TYPED
ORDINANCE NO. 476
AN ORDINANCE ESTABLISHING A "CAPITAL IMPROVEMENTS FUND"
AND LEVYING A SPECIAL TAX NOT TO EXCEED IN AGGREGATE 2
MILLS IN ANY ONE YEAR. SAID FUND NEVER TO EXCEED IN
AGGREGATE 2% OF THE ASSESSED VALUATION. SUCH CAPITAL
IMPROVEMENTS FUND TO BE USED FOR. THE PURPOSE OF
PURCHASING AND/OR CONSTRUCTING, REPAIRING AND
FURNISHING A CITY HALL FOR THE CITY OF REXBURG, IDAHO, AND
PURCHASING NECESSARY OFFICE EQUIPMENT, PROVIDING WHEN
THE ORDINANCE SHALL BECOME EFFECTIVE.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF REXBURG, IDAHO:
SECTION I: There is hereby levied upon all taxable property within the City Limits of the City of Rexburg,
Idaho, and subject to taxation for the city purposes of said city government, a special tax not to exceed in aggregate 2 mills in any one
year. Said special tax to be levied each and every year commencing with the year, 1968. Said fund never to exceed in aggregate 2%
of the assessed valuation.
SECTION II: The moneys received from. said special tax shall be placed in a "Capital improvements
SECTION III: This Ordinance shall take effect and be enforce from and after its passage and publication as
required by law.
PASSED AND APPROVED this 20th day of March, 1968.
Mayor A.H. Brock
ATTEST:
City Clerk Beulah Johnson
STATE OF IDAHO
(SS
County of Madison
I, Beulah Johnson, City Clerk of the City of Rexburg, Idaho, do hereby certify:
That the above and foregoing is a full, true and correct copy of the Ordinance entitled "AN ORDINANCE
ESTABLISHING A "CAPITAL IMPROVEMENTS FUND" AND LEVYING A SPECIAL TAX NOT TO EXCEED IN
AGGREGATE 3 MILLS IN ANY ONE YEAR. SAID FUND NEVER TO EXCEED IN AGGREGATE 2% OF THE ASSESSED
VALUATION. SUCH CAPITAL IMPROVEMENTS FUND TO BE USED FOR THE PURPOSE OF PURCHASING AND/OR
REPAIRING AND FURNISHING A CITY HALL FOR THE CITY OF REXBURG, IDAHO, AND PURCHASING NECESSARY
OFFICE EQUIPMENT, PROVIDING WHEN THE ORDINANCE SHALL BECOME EFFECTIVE." passed by the City Council
and approved by the Mayor this 20th day of March, 1968.
City Clerk Beulah Johnson