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HomeMy WebLinkAbout1959-0282 - Ordinance - 05/25/1959BOORUM & PEASE BOORUM & PEASE ORDINANCE NO. 282 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 1959-60 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 fifty-nine 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 Thirty-nine cents ($1.39) on each One Hundred Dollar ($100.00) valuation of property, and (2) For the interest and sinking fund, Eleven Cents (110) of each One Hundred Dollar ($100.00) valuation of property to be apportioned as follows: (a) Water and Sewer Bonds, Voted 1946, Nine and One-half Cents (095¢). (b) Electric Bonds, Voted 1946, One and One-half Cents (0150). 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 a- part for the specific purpose indicated in each item and the Assessor and Col- lector 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 of Taxes and every person collecting money for the City of College Station to deliver to the Director of Finance at the time of depositing any monies, a statement showing to what fund such deposit BOORUM & PEASE >RUM & PEASE 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 25th day of May, 1959, A. D. ATTEST: City Secretary APPROVED: rrA 4/71 Mayor