HomeMy WebLinkAbout1978-1113 - Ordinance - 06/27/1978ORDINANCE NO. 1113
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 1978-79 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-eight upon all property, real, personal, and mixed within the corporate
limits of said city subject to taxation, a tax of fifty-six cents ($0.56) 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), twenty-seven and seven -tenths cents ($0.277) on each one hundred dollar
($100.00) valuation of property, and
(2) For the Interest and Sinking Fund, twenty-eight and three -tenths cents
($0.283) on each one hundred dollar ($100.00) valuation of property to be
apportioned as follows: General Obligation Bonds, Voted 1968, General Obliga-
tion Bonds, Voted 1971, General Obligation Bonds, Voted 1976, Series 1976 and 1978.
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 27th day of June, 1978.
APPROVED
y „i �yCiV�L G
ayor
ATTEST
City Secretary