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RESOLUTION LEVYING A 1 MILL TAX ON ALL REAL AND PERSONAL PROPERTY FOR THE POLICEMEN’S PENSION FUND
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WHEREAS, the duly qualified, constituted and acting Board of the Police Pension fund have enacted and caused to be certified to the City Clerk a resolution finding that the sum of ________ is necessary to discharge the functions of said board during the year 1972.
WHEREAS, the City Council doth find that in order to raise said sum, it is necessary to levy a tax of 1 mill per dollar assessed valuation.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Jonesboro:
1. That there be and there is hereby levied on all real and personal property a tax of 1 mill on each dollar of assessed valuation for the year 1971 to be collected in 1972 and that the funds realized there from be devoted to the purpose set out in the Policemen’s Pension acts and ordinances.
2. That the County Clerk be and is hereby authorized and directed to extend said tax as herein described upon the tax books and that the same be collected in the same manner as other taxes.
3. That the City Clerk is hereby directed to spread this resolution upon the minute book of the City and to certify a copy of the same to the County Clerk.
PASSED and ADOPTED this 1st day of November, 1971.