HomeMy WebLinkAbout1957-0254 - Ordinance - 06/24/1957STANDARD B & P
ORDINANCE N0. 254
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 1957-55 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—seven upon all property, real,
personal and mixed, within the corporate limits of said City subject
to taxation, a tax of One Dollar ($1.00) on each One Hundred Dollar
("$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), eighty-one cents (81¢) on each One Hundred Dollar
(100.00) valuation of property, and
(2) For the interest and sinking fund, nineteen cents (19¢)
of each One Hundred Dollar ($100.00) valuation of property to be
apportioned as follows:
(a) Water and Sewer Bonds, Voted 1946, sixteen cents (16¢).
(b) Electric Bonds, Voted 1946, three cents (3¢).
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. A11 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
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 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.
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Section N. That this ordinance shall take effect and be in
force from and after its passage.
Passed and approved this the 24th day of June, 1957.
ATTEST:
City Secretary
STANDARD B & P
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