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RESOLUTION TO LEVY A .6 MILL TAX ON ALL REAL AND PERSONAL PROPERTY FOR THE POLICEMAN’S PENSION AND RELIEF FUND
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WHEREAS, the duly qualified, constituting and acting Board of Trustees of the Policemen’s Pension and Relief Fund of the City of Jonesboro have enacted and caused to be certified to the City of Jonesboro City Clerk a resolution finding that the sum of ________________ is necessary to discharge the functions of said Board during the year 1967.
WHEREAS, the City Council doth hereby approve said aforementioned resolution and certificate; and
WHEREAS, the City Council doth hereby find that the total assessed valuation of property, both real and personal within the City of Jonesboro, Ark., is the sum of ____________ and _____________;
WHEREAS, the City Council doth find in order to raise said sum of _________________ it is necessary to levy a tax of .6 mill per dollar assessed valuation and that the amount to be raised by said tax will not fully cover the certified needs of said Board of Trustees.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Jonesboro,
1. That there be and there is hereby levied on all real and personal property within the City of Jonesboro a tax of .6 mills on each dollar of assessed valuation of all real and personal property lying and situated within the City of Jonesboro for the year 1966 to be collected in the year 1967 and that the funds realized from be devoted to the purpose set out in the acts and ordinances.
2. That the County Clerk of Craighead County be and he 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 property taxes are collected.
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 21st day of November, 1966.