HomeMy WebLinkAbout1967-0526 - Ordinance - 06/26/1967ORDINANCE NO. 526
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 1967-68 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-
seven 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 (51.50) on each
One Hundred Dollar 4100.00) valuation of property, said tax being so levied and
apportioned to the specific purpose herein set forth:
For the maintenance and support of the general government (General Fund),
One Dollar and Fifty Cents (51.50) on each One Hundred Dollar (5100.00) valuation
of property.
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 deposit-
ing 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 26th day of June, 1967, A. D.
ATTEST:
Assistant
City Secretary
APPROVED:
Mayor
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