During the interim period beginning January 1 and ending the following September when the city passes its annual tax levy ordinance, for the purposes stated in this section, there is levied an ad valorem tax, supported by a lien as of January 1, as provided by the charter of the city and the state constitution, for all municipal purposes, upon all taxable property, real, personal and mixed, within the city, based upon current valuations and the same rate which the city levied for those purposes for the preceding year. In the event any such taxable property was not on the tax roll for the preceding year but becomes subject to taxation as of January 1 for the then current calendar year, the same tax at the same rate is levied, based upon the current valuations of all other taxable property.
Taxes at the rate and in the manner provided in this section are likewise levied upon all taxable property that was not on the tax roll for the preceding year by reason of not being in the jurisdiction of the city, or improvements not in existence on January 1 of the next preceding year, or property that was tax exempt by reason of public, charitable or religious order ownership and has lost its tax exempt status prior to January 1 or thereafter loses such status during the calendar year.
All taxes heretofore levied and necessary to meet the city’s obligations in connection with ad valorem tax supported bonds or so much thereof as may be necessary are confirmed, and the levy shall be a continued levy so long as such bonds or any additional bonds issued subsequent to the passage of this section are outstanding.
This section is enacted for the purpose of enabling the assessor of taxes on request to furnish the amount of taxes to be due and owing for the current calendar year beginning January 1 to the owner or purchaser of property subject to taxation who may desire to prorate taxes in the event the property is sold voluntarily, involuntarily or in the custody of the law, or becomes subject to taxation after the first of the year by reason of losing its tax exempt status during the current calendar year.
The taxes levied and assessed in this section also shall likewise apply in all cases where taxes become due and payable under the ordinances and charter of the city and the state law at an earlier date than provided for by law, by reason of special circumstances that may arise.
The provisions of this section shall be in force and effect during the interim period mentioned in this section; provided, such taxes are actually paid prior to enactment of the tax levy ordinance and shall be operative only during that interim period, and shall be superseded by that ordinance when passed as to that particular year. This section shall have prospective application and shall continue in full force and effect from year to year until modified or repealed. (Code 1941, Art. 149-13; Ord. 9581)