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ORD NO 26-1974 ORDINANACE No. 26 1974 AN ORDINANCE LEVYING A TAX FOR CITY GENERAL MUNICIPAL PURPOSES FOR THE YEAR 1974, FOR THE PUBLIC LIBRARY AND FOR THE PAYMENT OF THE GENERAL OBLIGATION MULTIPLE PURPOSE IMPROVEMENT BONDS AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS SECTION 1. That the rate of taxation of all real and personal property in Van Buren, Arkansas for the year 1974 for general municipal purposes under the authority of Section 4, Article XII of the Constitution of 1Q74 of the state of Arkansas be and the same is hereby affixed at five (5) mills on the dollar of the assessed valuation of all real and personal property subject to taxation in the City of Van Buren, Arkansas for the year 1974 for general municipal purposes. SECTION 2. That the rate of taxation of all real and personal property in the City of Van Buren, Arkansas for the year 1974 for the maintenance of a City Public Library under the authority of a vote of the people of the City of Van Buren and the City General Election held on the 7th day of April 1942, be and the same is hereby fixed at One (1) mill on the dollar of the assessed valuation of all real and personal property subject to taxation in the City of Van Buren, Arkansas for the year 1974 for library maintenance purposes. SECTION 3. That the rate of taxation of all real and personal property in the City of Van Buren, Arkansas for the year 1974 for the purpose of meeting the bond maturities and interest on the bond issue authorized by special election of the 16th day of December 1969, for the purpose of constructing and equipping a City Hall and for the purpose of purchasing fire fighting apparatus, purchasing a site or sites for constructing buildings to house it, be and the same is hereby affixed a five (5) mills on the dollar of the assessed valuation of all real and personal property subject to taxation in the City of Van Buren, Arkansas for the year 1974. SECTION 4. That a certified copy of this ordinance shall be filed in the office of the County Clerk of Crawford County, Arkansas, in order that the quorum court ofCrawford County, Arkansas may include the same in the general levy for the year 1974, and cause the same to be extended upon the tax books and collected as required by law. SECTION 5. This ordinance being immediately necessary to obtain revenue to pay the expenses 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 and take effect and be in force after its passage and publication. Passed and approved this 14th day of October 1974. APPROVED: Mayor ATTEST: City Clerk