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HomeMy WebLinkAbout1953-0179 - Ordinance - 03/03/1953ORDINANCE NO. 179 AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF COLLEGE STATION AND PROVIDING FOR THE IN- TEREST AND SINKING FUND FOR THE YEAR 1953 - 54 AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE. BE IT ORDAINED BY THE CITY COUNCIL of the City of College Station, Texas: Section 1. 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-three upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax on One Dollar (1.00) on each One Hundred Dollars (100.00) valuation of property, said tax being so levied and appor- tioned to the specific purpose herein set forth: (1) For the maintenance and support of the general government (General Fund), seventy-four cents (74¢) on each One Hundred Dollar (100.00) valuation of property, and (2) For the interest and sinking fund, twenty-six cents (26¢) of each One Hundred Dollar (100.00) valuation of property to be apportioned as follows: (a) Water and Sewer Bonds, Voted 1946, twenty-two cents (22¢). (b) Electric Bonds, Voted 1946, four cents, (4¢). Section 2. 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 3. 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 & Collector of Taxes, and the City Treasurer and the City Secretary 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 City Treasurer and the City Secretary 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. 00441 STANDARE Section 4. That this ordinance shall take effect and be in force from and after its passage. Passed and approved this the 3rd day of March, 1953. ATTEST: 4,=ez City Secretary STANDARD B & P "N®ii r " APPROVED: Mayor