HomeMy WebLinkAbout1977-1080 - Ordinance - 06/23/1977ORDINANCE NO.1080
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 1977-78 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 seventy-seven upon all property, real, personal, and mixed
within the corporate limits of said city subject to taxation, a tax of
Fifty-two cents ($0.52) on each One hundred dollar ($100.00) valuation
of property, and 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), Thirty-three cents ($0.33) on each One hundred dollar
($100.00) valuation of property, and
(2) For the Interest and Sinking Fund, Nineteen cents ($0.19) on each
One hundred dollar ($100.00) valuation of property to be apportioned as
follows: General Obligation Bonds, Voted 1968, General Obligation Bonds,
Voted 1971, and General Obligation Bonds, Voted 1976.
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 23rd day of June, 1977, A.D.
/APOVED t
Mayor
ATTEST
42!-_t ;
City'Secretary
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