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ORDINANCE NO. 2327 <br /> An Ordinance submitting to the legal voters of the city <br /> of Everett a proposed amendment to the Charter of the city of Ev- <br /> erett with relation to the limitation of tax levies and provid- <br /> ing that the tax levy for general purposes shall not exceed fif- <br /> teen mills and that such levies be based upon the assessed ra- <br /> ther than the real valuation of the real and personal property. <br /> THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: That a proposed amendment to Section 122 of <br /> the Charter of the city of Everett with relation to limitation <br /> of tax levies and providing that the tax levy for general purpos- <br /> es shall not exceed fifteen mills and that such levies be based <br /> upon the assessed valuation rather than the real valuation, be <br /> submitted to the legal voters of the city of Everett at the gen- <br /> eral municipal election to be held in said city on December 3, <br /> 1927. <br /> Section 2: That Section 122 of the Charter of the city of <br /> Everett be amended so as to read as follows, to-wit: <br /> Section 122: The Council shall have authority to levy tax- <br /> es upon all real and personal proerty, not exempt from taxation, <br /> each year as follows: <br /> For Parks and cemetery, not exceeding one (1) mill. <br /> For libraries, not exceeding one and 25/100 (1.25) mill. <br /> For all other purposes (except purposes mentioned in the <br /> succeeding section ) , not exceeding fifteen (15) mills* <br /> Such tax levies shall be based upon the assessed valuation of the <br /> real and personal property rather than upon the real valuation. <br /> Section 3: That the form of the ballot to be used at said <br /> election shall be as follows: <br /> -1- <br />