1451
RESOLUTION NO. ~/SI
A RESOLUTION SETTING THE ANNUAL TAX LEVY UPON THE ASSESSED
VALUE OF ALL REAL AND PERSONAL PROPERTY WITHIN THE CITY OF
WEST MEMPHIS, ARKANSAS, FOR THE FIREMEN'S PENSION AND
RELIEF FUND.
WHEREAS, the City of West Memphis, Arkansas, is authorized
by the Constitution of the State of Arkansas to levy an annual
tax not to exceed one mill on the dollar upon the assessed value
of all real and personal property within the City for the
purpose of paying, pursuant to statutory provisions, firemen's
retirement pensions, and pensions to the widows and minor
children of deceased firemen; and
WHEREAS, the establishment of the Firemen's Relief and
Pension Fund and the levy of an annual tax of one mill on the
dollar upon the assessed value of the real and personal property
within the City was submitted to the qualified electors of the
City of West Memphis, Arkansas, and received a favorable vote of
a majority of the votes cast; and
WHEREAS, pursuant to said election, the City of West
Memphis established the Firemen's Relief and Pension Fund and
levied an annual tax of one mill on the dollar upon the assessed
value of the real and personal property within the City; and
WHEREAS, the annual tax as levied by Ordinance 566 was
rolled back pursuant to the requirements of Amendment 59 to the
Constitution of the State of Arkansas from one mill on the
dollar to 0.4 mill on the dollar; and
WHEREAS, the question of levying an additional annual tax
from 0.4 mills on the dollar to one mill on the dollar upon the
assessed value of the real and personal property within the City
for the purpose of funding the Firemen's Relief and Pension Fund
was submitted to the qualified electors of the City of West
Memphis, Arkansas, and received a favorable vote of a majority
of the votes cast;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WEST MEMPHIS, ARKANSAS, THAT:
1. A tax of 1.0 mills (0.0010) upon the dollar for the
Firemen's Pension and Relief Fund be and hereby is levied upon
the assessed value of all real and personal property within the
limits of the City of West Memphis, Arkansas, for the year 1995;
and
2. The City Clerk of the City of West Memphis, Arkansas,
is hereby directed to deliver a certified copy of this
Resolution to the Clerk of the County Court of Crittenden
County, Arkansas, for the tax book
s f
or the year 1995.
ADOPTED t h i s 2"~ day o f C
-
S _
'
~~ - ^n~l1f'tr , 19 9 5.
BOALS, MAYOR
RECEIVED
CITY CLERK OFfiCE
DATE q - ~- 9 S t~ :~~
a. ~ cc~
2
~.
SPONSORED BY: