HomeMy WebLinkAbout1968-0579 - Ordinance - 06/24/1968ORDINANCE NO. 579
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT
OF THE CITY OF COLLEGE STATION AND PROVIDING FOR THE INTEREST AND SINKING FUND
FOR THE YEAR 196$-69 AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE.
BE IT ORDAINED by the City Council of the City of College Station, Texas:
Section I. That there is hereby levied and there shall be collected for
the use and support of the municipal government of the City of College Station,
and to provide Interest and Sinking Fund for the year nineteen hundred and
sixty-eight upon all property, real, personal and mixed, within the corporate
limits of said city subject to taxation, a tax of One Dollar and Fifty Cents
(1.50) on each One Hundred Dollar (100.00) valuation of property, said tax
being so levied and apportioned to the specific purpose herein set forth:
(1) For the maintenance and support of the general government (General
Fund), One Dollar and Nineteen Cents ($1.19) on each One Hundred Dollar
(5100.00) valuation of property, and
(2) For the interest and sinking fund, Thirty -One Cents (31¢) on each
One Hundred Dollar (100.00) valuation of property to be apportioned as
follows: General Obligation Bonds, Voted 1968.
Section II. There is hereby levied and there shall be collected from
every person, firm, association, or corporation pursuing any occupation taxed
by the General Laws of the State of Texas, an annual occupation tax equal in
each instance to one-half of the State occupation tax, which said taxes shall
be paid annually in advance except where otherwise provided by the State Laws,
in which event the same may be paid as is provided by the State Law.
Section III. All monies collected under this ordinance for the specific
items therein named, shall be and the same are hereby appropriated and set
apart for the specific purpose indicated in each item and the Assessor and
Collector of Taxes, and the Director of Finance shall keep these accounts so
as to readily and distinctly show the amount collected, the amounts expended
and the amount on hand at any time, belonging to such funds. It is hereby
made the duty of the Tax Assessor and Collector to deliver to the Director of
Finance at the time of depositing any monies, a statement showing to what fund
such deposit should be made and from what source received. All receipts for
the City not specifically apportioned by this ordinance are hereby made payable
to the General Fund of the City.
Section IV. That this ordinance shall take effect and be in force from
and after its passage.
PASSED AND APPROVED this the 24th day of June, 1968, A.D.
ATTEST:
Assistant City ecretary
PROVED:
alegt1A9
Mayor
01463