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Home My WebLink About20042ORDINANCE NO. 20,042 AN ORDINANCE TO ESTABLISH THE RATE OF TAXATION OF PROPERTY FOR THE CITY OF LITTLE ROCK FOR THE YEAR 2009 FOR VARIOUS FUNDS OF THE CITY OF LITTLE ROCK, ARKANSAS; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES. WHEREAS, state law mandates that the county quorum court adopt an ordinance prior to the end of the year which establishes the various millage rates for assessments on real and personal property for the coming year, and WHEREAS, on November 4, 2003 the voters of the City of Little Rock authorized the issuance of limited tax general obligation bonds for the purpose of capital improvements within the City, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The rate of taxation of real and personal property in the City of Little Rock, Arkansas for certain City purposes are hereby fixed, established and levied as follows: (a) 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; (b) For the purpose of paying bonds and interest as may be required for the bonds authorized in Little Rock, Ark., Ordinance No 18,941 (September 30, 2003), to repay the City of Little Rock, Arkansas, Capital Improvement Bonds, approved at a special election held on November 4, 2003, there is hereby levied a tax of three and three tenths (3.3) mills; [PAGE 1 of 3] ORDINANCE Rate of Little Rock Property Tax for 2009 (c) 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 one (1) mill; (d) 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 the acts of the General Assembly of the State of Arkansas for the year 1941, a tax of one (1) mill; (e) 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 three and three tenths (3.3) mills; (f) For the purpose of paying bonds and interest as may be required for the City of Little Rock, Arkansas, for Library System Capital Improvement Bonds, a tax of two (2) mills. Section 2. Since the City achieved equalization in 1989 under the provisions of Amendment 59 to the Arkansas Constitution, the tax rates are the same for both real and personal property. Section 3. Because Pulaski County completed a county -wide reappraisal of property in 2003 it is possible that the millage rates set forth in Section 1 of this Ordinance will be subject to the rollback provisions of Amendment 59 as determined by the Arkansas Assessment Coordination Department; therefore, to the extent that the millage rates in Section 1 are ordered roll backed in accordance with state law the Board of Directors adopts and ratifies such millage rates. Section 4. The City Clerk is hereby directed to transmit a certified copy of this Ordinance to the County Clerk of Pulaski County so that the taxes recited may be extended on the tax books of Pulaski County and collected with the other taxes for the year 2008. [PAGE 2 OF 3] ORDINANCE Rate of Little Rock Property Tax for 2009 Section 5. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the ordinance which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the ordinance. Section 6. Emergency. It is essential to the public health, safety and welfare that the proper millage rates be stated each year, and that this information be promptly communicated with the Pulaski County government in order to assure that appropriate tax millages are put into effect for the following calendar year, an emergency is, therefore, declared to exist and this ordinance shall be in full force and effect from and after the date of its passage. PASSED: oG-,,r)TR 21, 2o08 ATTEST: N cy Woo , City Clerk APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City AttVmey [PAGE 3 of 31 ORDINANCE Rate of Little Rock Property Tax for 2009 APPROVED: Q� Mark Stodola, Mayor ISL City of Little Rock Office of the City Hall - 200 City Clerk 500 W. Markham Street _ ; - ._ - Little Rock, Arkansas 72201 -1429 L=` =''. �` - °' `' i-``. "�= 10 -`t Phone: (501) 371 -6803 €� 1 STATE OF ARKANSAS COUNTY OF PULASKI CITY OF LITTLE ROCK CERTIFICATION } } } I, Nataki S. Blocker, Assistant City Clerk within and for the City aforesaid, do herby certify that the foregoing is a true and correct copy of Ordinance Number 20,042 of the Ordinances of the City of Little Rock, Arkansas, entitled: "AN ORDINANCE TO ESTABLISH THE RATE OF TAXATION OF PROPERTY FOR THE CITY OF LITTLE ROCK FOR THE YEAR 2009 FOR VARIOUS FUNDS OF THE CITY OF LITTLE ROCK, ARKANSAS; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES." passed by the Board of Directors of said City on October 21, 2008, as same, now appearing of record in this office. IN WITNESS WHEREOF, I have hereunto set my hand and Seal of Office on this 31 st day of October 2008. i Natalci S. Blocker, Assistant City Clerk City o'f Little Rock, Arkansas y C17- y9� r - OF - SP,,,�1kA1N0��,,�� ORDINANCE NO. 20,042 f-,at Li,Mriate Pulaski Circuit C1?r Li AN ORDINANCE TO ESTABLISH THE RATE OF TAXATION OF PROPERTY FOR THE CITY OF LITTLE ROCK FOR THE YEAR 2009 FOR VARIOUS FUNDS OF THE CITY OF LITTLE ROCK, ARKANSAS; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES. WHEREAS, state law mandates that the county quorum court adopt an ordinance prior to the end of the year which establishes the various millage rates for assessments on real and personal property for the coming year, and WHEREAS, on November 4, 2003 the voters of the City of Little Rock authorized the issuance of limited tax general obligation bonds for the purpose of capital improvements within the City, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The rate of taxation of real and personal property in the City of Little Rock, Arkansas for certain City purposes are hereby fixed, established and levied as follows: (a) 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; (b) For the purpose of paying bonds and interest as may be required for the bonds authorized in Little Rock, Ark., Ordinance No 18,941 (September 30, 2003), to repay the City of Little Rock, Arkansas, Capital Improvement Bonds, approved at a special election held on November 4, 2003, there is hereby levied a tax of three and three tenths (3.3) mills; [PAGE 1 OF 3] ORDINANCE Rate of Little Rock Property Tax for 2009 (c) For the purpose of paying Policemen's Pensions in accordance with provisions of Amendment No. 31 to the Constituti(gli ' f k+ ef3tfti�i aof: i t- i r_c t i ± t;i Ms Arkansas, a tax of one (1) mill; (d) 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 the acts of the General Assembly of the State of Arkansas for the year 1941, a tax of one (1) mill; (e) 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 three and three tenths (3.3) mills; (f) For the purpose of paying bonds and interest as may be required for the City of Little Rock, Arkansas, for Library System Capital Improvement Bonds, a tax of two (2) mills. Section 2. Since the City achieved equalization in 1989 under the provisions of Amendment 59 to the Arkansas Constitution, the tax rates are the same for both real and personal property. Section 3. Because Pulaski County completed a county -wide reappraisal of property in 2003 it is possible that the millage rates set forth in Section 1 of this Ordinance will be subject to the rollback provisions of Amendment 59 as determined by the Arkansas Assessment Coordination Department; therefore, to the extent that the millage rates in Section 1 are ordered roll backed in accordance with state law the Board of Directors adopts and ratifies such millage rates. Section 4. The City Clerk is hereby directed to transmit a certified copy of this Ordinance to the County Clerk of Pulaski County so that the taxes recited may be extended on the tax books of Pulaski County and collected with the other taxes for the year 2008. [PAGE 2 OF 3] ORDINANCE Rate of Little Rock Property Tax for 2009 Section 5. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the ordinance which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the ordinance. Section 6. Emergency. It is essential to the public health, safety and welfare that the proper millage rates be stated each year, and that this information be promptly communicated with the Pulaski County government in order to assure that appropriate tax miilages are put into effect for the following calendar year, an emergency is, therefore, declared to exist and this ordinance shall be in full force and effect from and after the date of its passage. PASSED: o cwt 21, 2008 ATTEST: ZZ?42'�Z'z 44Z�z4g::2 N cy Woo , City Clerk APPROVED AS TO LEGAL FORM: r, " . a�c Thomas M. Carpenter, City AttVmey [PAGE 3 OF 3] ORDINANCE Rate of Little Rock Property Tax for 2009 APPROVED: Mark Stodola, Mayor FiI