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HomeMy WebLinkAbout1962-0345 - Ordinance - 06/15/1962ORDINANCE NO. 345 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 1962-63 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-two 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 Forty-one Cents ($1.41) on each One Hundred Dollar LAJ ($100.00) valuation of property, and (2) For the interest and sinking fund, Nine Cents (9¢) on each One Hundred Dollar ($100.00) valuation of property to be apportioned as follows: CG Water and Sewer Bonds, Voted 1946. Q 0 Section III. There is hereby levied and there shall be collected from 00 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 show- ing to what fund such deposit should be made and from what source received. 00817 BOORUM & PEASE 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 15th day of June, 1962, A. D. ATTEST: ‘772i/.1.4A4C�� City Secretary APPROVED: $4.4;737r Mayor 00$1®