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RESOLUTION TO LEVY A 1 MILL TAX ON ALL REAL AND PERSONAL PROPERTY FOR THE POLICEMEN’S PENSION AND RELIEF FUND
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WHEREAS, the fully, qualified, constituted and acting board of Trustees of the Policemen’s Pension and Relief Fund of the City of Jonesboro, Arkansas have enacted and causes to be certified to the City Clerk of Jonesboro, Arkansas a resolution on finding that the sum of $______________ is necessary to discharge functions of said board during the year 1955, and
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, Arkansas is the sum of $______________, and
WHEREAS, the City Council doth find that in order to raise said sum of $___________ it is necessary to levy a tax of one mill per dollar of 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, Arkansas:
(1) That there be and there is hereby levied on all real and personal property within the City of Jonesboro, a tax of one mill on each dollar of assessed valuation of all real and personal property lying and situated within the City of Jonesboro, Arkansas for the year 1954, to be collected in the year 1955 and that the funds realized there from be devoted to the purposes set out in the Policemen’s Pension and relied acts and ordinances.
(2) That the County Clerk of Craighead County, Arkansas, 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 books of the City and to certify a copy of the same to the County Clerk of Craighe...
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