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ORD NO 16-1986 CITY OF VAN BUREN, ARKANSAS ORDINANCE NO. 6 -1986 AN ORDINANCE LEVYING A TAX FOR THE CITY GENERAL MUNICIPAL PURPOSES FOR THE YEAR 1986, FOR THE PUBLIC LIBRARY AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS, THAT: SECTION 1: The rate of all real and personal property in Van Buren, Arkansas, for the year 1986, for general municipal purposes under the authority of Section 4, Article XII, of the Constitution of 1874 of the State of Arkansas be, and the same is hereby affixed at 5 mills on the dollar of the assessed valuation of all real property subject to taxation in the City of Van Buren, Arkansas, and 5 mills for all personal property subject to taxation in the City of Van Buren, Arkansas, for the year 1986, for general municipal purposes. SECTION 2. The rate of all real and personal property in the City of Van Buren, Ark- ansas, for the year 1986, for the maintenance of a City Public Library, under the authority of a vote of the people of the City of Van Buren, Arkansas, and the City General Election held on the 7th day of April, 1942, be, and the same is hereby affixed at one (1) mill on the dollar of the assessed valuation of all real and personal pro- perty subject to taxation in the City of Van Buren, Arkansas, for the year 1986, for Library maintenance purposes, subject to the provision of Act No. 848 of 1981, the same being "adjustment or rollback of tax rates due to increase in aggregate value of taxable property." SECTION 3. A Certified Copy of the Ordinance shall be filed in the office of the County Clerk of Crawford County, Arkansas, in order that the Quorum Court of Crawford County, Arkansas, may include the same in the general levy for the year 1986, and cause the same to be extended upon the tax books and collected as required by law. SECTION 4. This Ordinance being immediately necessary to obtain revenue to pay ex- penses of the City Government for the City of Van Buren, Arkansas, and necessary in providing for the immediate preservation of the public peace, health, and safety, an emergency is declared to exist and this Ordinance shall be, take effect and be in force after its passage and publication. PASSED AND APPRVOVED THIS 20th DAY OF October 19 86 141 1117 R ATTESTED: C Y CLERK- TREASURER