HomeMy WebLinkAbout1960-0296 - Ordinance - 06/27/1960ORDINANCE NO. 296
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERN-
MENT OF THE CITY OF COLLEGE STATION AND PROVIDING FOR THE INTEREST AND SINK-
ING FUND FOR THE YEAR 1960-61 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 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 prop-
erty, 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 Thirty-nine Cents ($1.39) on each One
Hundred Dollar ($100.00) valuation of property, and
(2) For the interest and sinking fund, Eleven Cents (110) of each
One Hundred Dollar ($100.00) valuation of property to be apportioned as
follows:
(a) Water and Sewer Bonds, Voted 1946, Nine Cents and Four
Mills (0940.
(b) Electric Bonds, Voted 1946, One Cent and Six Mills
(0160).
Section II. There is hereby levied and there shall be collected
from every person, firm, association, or corporation pursuing any occu-
pation taxed by the General Laws of the State of Texas, an annual occu-
pation tax equal in each instance to one-half of the State occupation
tax, which said taxes shall be paid annually in advance except where other-
wise provided by the State Laws, in which event the same may be paid as is
provided by the State Law.
Section III. All monies collected under this ordinance for the
specific items therein named, shall be and the same are hereby appro-
priated and set apart for the specific purpose indicated in each item
and the Assessor and Collector of Taxes, and the Director of Finance
shall keep these accounts so as to readily and distinctly show the
amount collected, the amounts expended and the amount on hand at any
time, belonging to such funds. It is hereby made the duty of the Tax
Assessor and Collector of Taxes and every person collecting money for
the City of College Station to deliver to the Director of Finance at
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the time of depositing any monies, a statement showing to what fund such
deposit should be made and from what source received. All receipts for
the City not specifically apportioned by this ordinance are hereby made
payable to the General Fund of the City.
Section IV. That this ordinance shall take effect and be in force
from and after its passage.
Passed and approved this the 27th day of June, 1960, A. D.
APPROVED:
L7.1e$,Y 4�rv2—.
Mayor
ATTEST:
City Secretary
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