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157601 2 3 4 5 6' 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30. 31 32 33 34 35 36 ORDINANCE NO. 15,760 AN ORDINANCE ESTABLISHING THE RATE OF TAXATION OF PROPERTY FOR CITY PURPOSES FOR THE YEAR 1990 FOR VARIOUS FUNDS OF THE CITY OF LITTLE ROCK. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1: The rate of taxation on real property in the City of Little Rock, Arkansas, for certain City purposes computed in accordance with the roll back provisions of Amendment 59, are hereby fixed, established and levied as follows: __For general _purposes-in _order to carry on the affairs of the City Government under Section 4, Article 12 of and Amendment 10 to the Constitution of Arkansas of 1874, there is hereby levied a tax of five (5) mills; For the purpose of paying bonds and interest as may be required for the City of Little Rock, Arkansas, for Capital Improvement Bonds, approved at a special election held on October 13, 1987, there is hereby levied a tax of three and Four Hundred Thirty -Four Thousandths (3.434) mills; For the purpose of paying Policemen's Pensions in accordance with provisions of Amendment No. 31 to the Constitution of the State of Arkansas, a tax of six tenths (.6) mills; For the purpose of paying Firemen's Pensions, in accordance with the provisions of Amendment No. 31 to the Constitution of the State of Arkansas adopted November 5, 1940, and Act 16 of 361 0-46 6.43 M = M 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 M = = = M 0 0 the acts of the General Assembly of the State of Arkansas for the year 1941, a tax of six tenths (.6) mills; For the purpose of paying bonds and interest as may be required for the City of Little Rock, Arkansas, refunding General Obligation Industrial Development Bonds, Port Authority Project, approved at a special election held on November 5, 1985, a tax of three tenths (.3) mills; For the purpose of maintaining the City Library, in accordance with the provisions of Amendment No. 30 to the Constitution of the State of Arkansas, a tax of one (1) mill. SECTION 2: The amounts of the interim levies of personal property taxes for the items referred to in Section 1 will be the amounts deemed appropriate, pursuant to Amendment 59, by the Arkansas Assessment Coordination Division and the Pulaski County Collector. SECTION 3: The City Clerk is hereby directed to transmit a certified copy of this Ordinance to the County Clerk of Pulaski County to the end that the taxes recited may be extended on the tax books of Pulaski County and collected with the other taxes for the year 1990. PASSED: October 3, 1989 ATTEST: APPROVED: 1450 -4W APPROVED S TO FOIi. MARK STODOLA, CITY ATTRONEY V /XXI,..t11�C1 MAYOR FL YD G. "BUDDYIN VILLINES 362