HomeMy WebLinkAbout1980-1226 - Ordinance - 06/26/1980ORDINANCE NO. 1226
AN ORDINANCE LEVYING THE 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 1980 -1981 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 eighty
upon all property, real personal, and mixed within the corporate limits of said
city subject to taxation, a tax of thirty -nine cents ($0.39) 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), sixteen and 97/100 cents ($0.1697) on each One hundred dollars ($100.00)
valuation of property, and
(2) For the Interest and Sinking Fund, twenty two and 03/100 cents
($0.2203) 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, General Obligation Bonds, Voted 1976, and General Obligation
Bonds, Voted 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 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 26th day of June, 1980.
APPRO
ATTEST �4
�2z, / Mayor y "��
City Secretary��