RESOLUTION FIXING THE AD VALOREM TAX LEVY ON REAL AND PERSONAL PROPERTY FOR TAXES IN THE CITY OF PETAL, MISSISSIPPI, AND THE PETAL MUNICIPAL SEPARATE SCHOOL DISTRICT FOR THEYEAR OF 2020 BE IT RESOLVED BY THE MAYOR AND BOARD OF ALDERMEN OF THE CITY OF PETAL, MISSISSIPPI:
SECTION I: That for the year 2020 there shall be and is hereby levied on all taxable property real and personal within the corporate limits of the City of Petal, Mississippi, for ad valorem taxes for municipal purposes as indicated, the following levies to be collected on each dollar of assessed value shown upon, the real and personal ad valorem assessment rolls of said City, within the city limits thereof, to-wit: FOR GENERAL REVENUE PURPOSES 39.99 TOTAL LEVIED FOR MUNICIPAL PURPOSES 39.99
SECTION II. That for the year 2020, there shall be and there is herby levied on all taxable property, real and personal, within the Petal Municipal Separate School District, within the City of Petal, Mississippi, and within the added territory outside the City of Petal for ad valorem taxes for school purposes such levies having been authorized by the Board of Trustees of said School District by order entered on it’s minutes and certified to the Mayor and Board of Aldermen, the following levies to be collected on each dollar of assessed valuation shown on the said ad valorem assessment rolls, to-wit: FOR DISTRICT SCHOOL OPERATION AND MAINTENANCE FUND, LEVIED UNDER THE PROVISIONS OF SECTION 37-57-104 OF THE CODE OF 1972, AS AMENDED---55.00 TOTAL LEVIED FOR SCHOOL PURPOSES---55.00
SECTION III. That for the year 2020 there shall be and there is hereby levied on all taxable property real and personal, within the Petal Municipal Separate School District within the City of Petal, Mississippi, and within the added territory outside the City of Petal for ad valorem taxes for the School Building Program Fund, such levies having been authorized by the Board of Trustees of said School District by order entered on it’s minutes and certified to the Mayor and Board of Aldermen, the following levies to be collected on each dollar of assessed valuation shown on the said ad valorem assessment rolls, to-wit:
FOR DISTRICT SCHOOL BUILDING PROGRAM FUND, LEVIED UNDER THE PROVISIONS OF SECTION 37-59-105 OF THE CODE OF 1972 AS AMENDED 2.86
SECTION IV. That for the year 2020 there shall be and there
is hereby levied on all taxable property real and personal, within the Petal Municipal Separate School District within the City of Petal, Mississippi, and within the added territory outside the City of Petal for ad valorem taxes for the School Shortfall Note, such levies having been authorized by the Board of Trustees of said School District by order entered on it’s minutes and certified to the Mayor and Board of Aldermen, the following levies to be collected on each dollar of assessed valuation shown on the said ad valorem assessment rolls, to-wit: FOR DISTRICT SCHOOL SHORTFALL NOTE, LEVIED
UNDER THE PROVISIONS OF SECTION 37-57-108 OF THE CODE OF 1972 AS AMENDED 1.50 SECTION V. That for the year 2020 there shall be and there is hereby levied on all taxable property real and personal, within the Petal Municipal Separate School District within the City of Petal, Mississippi, and within the added territory outside the City of Petal for ad valorem taxes for the School Limited Tax Note Series 2010, such levies having been authorized by the Board of Trustees of said School District by order entered on it’s minutes and certified to the Mayor and Board of Aldermen, the following levies to be collected on each dollar of assessed valuation shown on the said ad valorem assessment rolls, to-wit:
FOR DISTRICT SCHOOL LIMITED TAX NOTE SERIES 2010, LEVIED UNDER THE PROVISIONS OF SECTION 37-57-101 OF THE CODE OF 1972 AS AMENDED 1.95
SECTION VI. That for the year 2020, there shall be and is hereby levied on all taxable property, real and personal, within the corporate limits of the City of Petal, Mississippi, for ad valorem taxes for the following levies to be collected on each dollar of assessed value shown upon the real and personal ad valorem assessment rolls of said City, within the city limits thereof, to-wit: FOR LIBRARY PURPOSES LEVIED UNDER THE PROVISIONS OF SECTION 39-3-7 OF THE MISSISSIPPI CODE OF 1972,AS AMENDED 0.51
TOTAL LEVIED FOR LIBRARY PURPOSES 0.51
SECTION VII. That for the year of 2020, there shall be and is hereby levied on all taxable property, real and personal within the corporate limits of the City of Petal, Mississippi, for ad valorem taxes for the following levies to be collected on each dollar of assessed value shown upon the real and personal ad valorem assessment rolls of said City, within the City limits thereof, to-wit: FOR GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012 PURPOSE LEVIED UNDER THE PROVISIONS OF SECTION 21-33-301 THROUGH 21-33-329 OF THE MISSISSIPPI CODE OF 1972 AS AMENDED 2.02
SECTION VIII. That for the year of 2020, there shall be and is hereby levied on all taxable property, real and personal within the corporate limits of the City of Petal, Mississippi, for ad valorem taxes for the following levies to be collected on each dollar of assessed value shown upon the real and personal ad valorem assessment rolls of said City, within the City limits thereof, to-wit: FOR $5,000,000.00 GENERAL OBLIGATION BONDS, SERIES 2006 PURPOSE LEVIED UNDER THE PROVISIONS OF SECTION 21-33-301 THROUGH 21-33-329 OF THE MISSISSIPPI CODE OF 1972 AS AMENDED 3.69 SECTION IX. That this resolution shall be in full force and effect from and after its passage. Alderman Stringer made a motion to adopt the foregoing resolution, and the motion was seconded by Alderman Amacker.
Those present and voting “AYE”
Alderman Brad Amacker
Alderman Craig Bullock
Alderman David Clayton
Alderman Tony Ducker
Alderman Mike Lott
Alderman Clint Moore
Alderman Steve Stringer
Those present and voting “NAY”
None
The motion to adopt the aforesaid resolution having received the affirmative vote of the majority of the members of the Board of Aldermen, the Mayor declared the motion passed and the resolution adopted on this the 1st day of September, 2020.
/s/Hal Marx Mayor
(SEAL)
ATTEST:
/s/Melissa Martin, City Clerk
Published September 10, 2020
