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HomeMy WebLinkAboutOrd.765.09-18-1989BILL NO. 89-178 ORDINANCE NO. AN ORDINANCE PROVIDING FOR THE LEVYING OF THE SPECIAL BUSINESS DISTRICT NUMBER 2 TAX FOR THE FISCAL YEAR ENDING ON THE 30TH DAY OF JUNE, 1990 BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI, AS FOLLOWS: SECTION 1. There is hereby levied for Special Business District No. 2 of Cape Girardeau, Missouri, for the fiscal year ending on the 30th day of June, 1990, an ad valorem real estate tax of Seventy -Seven Cents ($.77) on the One Hundred Dollars ($100.00) assessed valuation of all real estate within Special Business District No. 2 of Cape Girardeau, Missouri, not by general law exempt from taxation. SECTION 2. This Ordinance amends Ordinance No. 740 previously --adopted by this Council on the 21st- day- of -August, 1989 Ordinance No. 740 previously set the tax rate for the Special Business District No. 2 of Cape Girardeau, Missouri, at Eighty -Five Cents ($.85) on the One Hundred Dollars ($100.00) assessed valuation and it is the specific intent of the City Council to repeal that portion of Ordinance No. 740 and enact in lieu thereof this ordinance setting that rate at Seventy -Seven Cents ($.77) on the One Hundred Dollars ($100.00) assessed valuation. SECTION 3. If any section, subsection, sentence, clause, phrase or portion of this ordinance is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portions hereof. SECTION 4. This Ordinance shall be in full force and effect ten days after its passage and approval. PASSED AND APPROVED THIS DAY OF , 1989. Francis E. Rhodes, Mayor ATTEST: W4/ i� /lam L 1 %1, gi Zee, ;�- [city city Le rand, City -