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BILL NO. <br /> <br />INTRODUCED BY COUNCILMEMBER ADAMS <br /> <br /> ORDINANCE NO. 6016 <br /> <br />AN ORDINANCE ORDERING THE LEVY AND FIXING THE RATE OF TAXES <br />TO BE COLLECTED IN THE CITY OF UNIVERSITY CITY FOR THE FISCAL YEAR <br />1995-96, TO PROVIDE FOR GENERAL REVENUE, TO PROVIDE FOR THE <br />ESTABLISHMENT AND MAINTENANCE OF A FREE PUBLIC LIBRARY AND <br />READING ROOM, TO PROVIDE FOR THE PAYMENT OF INTEREST AND THE <br />ESTABLISHMENT OF A DEBT SERVICE FUND FOR ALL OUTSTANDING <br />BONDS OF THE CITY, AND TO PROVIDE FOR A POLICE AND FIREMEN'S <br />RETIREMENT FUND; AND CONTAINING AN EMERGENCY CLAUSE. <br /> <br /> BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI, <br />AS FOLLOWS: <br /> <br /> Section 1. There is hereby levied upon all real, personal and other property <br />subject to taxation in the City of University City, Missouri, for general revenue <br />purposes of said City for the fiscal year 1995-96 a tax of seventy-six cents ($.76) on <br />each one hundred dollars ($100.00) of assessed valuation. <br /> <br /> Section 9. There is hereby levied upon all real, personal and other property <br />subject to taxation in the City of University City, Missouri, a special tax at the rate <br />of thirty-two cents ($.32) on each one hundred dollars ($100.00) of assessed <br />valuation for the fiscal year 1995-96 to provide for the establishment and <br />maintenance of a free public library and reading room in said City, authorized by <br />vote of the qualified voters of said City at a special election heretofore held, in <br />accordance with the laws of the State of Missouri, and the ordinance pertaining <br />thereto. <br /> <br /> Section 3. There is hereby levied upon all real, personal and other property <br />subject to taxation in the City of University City for the fiscal year 1995-96, a special <br />tax at the rate of twenty cents ($.20) per one hundred dollars ($100.00) of assessed <br />valuation, to provide for the payment of interest and the establishment of a Debt <br />Service fund for ¢~11 issued and outstanding bonds of an authorized issue of four <br />million eight hundred four thousand eight hundred seventy dollars ($4,804,870) of <br />municipal bonds c,f the City authorized by a vote of qualified voters of said City at <br />a special election called and held on the 5th day of April, 1994, said election being <br />in pursuance of the provisions of Ordinance No. 5945; <br /> <br /> Section 4. There is hereby levied upon all real, personal and other property <br />subject to taxation in the City of University City for the fiscal year 1995-96, a special <br />tax at the rate of two cents ($.02) on each one hundred dollars ($100.00) of <br />assessed valuation for the purpose of providing a retirement fund for salaried <br />members of the Police and Fire Departments in accordance with the provisions of <br />the ordinances of the City relating thereto. <br /> <br /> <br />