HomeMy WebLinkAbout1982-1366 - Ordinance - 06/24/1982ORDINANCE NO. 1366
AN ORDINANCE LEVYING THE
GOVERNMENT OF THE CITY OF
AND SINKING FUND FOR THE
SPECIFIC PURPOSE.
TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL
COLLEGE STATION AND PROVIDING FOR THE INTEREST
YEAR 1982 -1983 AND APPORTIONING EACH LEVY FOR THE
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 eighty -two
upon all'property, real, personal, and mixed within the corporate limits of said
city subject to taxation, a tax of thirty -one cents ($0.31) on each One hundred
dollar ($100.00) valuation of property, and 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), six and 80/100 cents ($0.0680) on each One hundred dollars ($100.00)
valuation of property, and
(2) For the Interest and Sinking Fund, twenty -four and 201100 cents
($0.2420) on each One hundred dollar ($100.00) valuation of property to be
apportioned as follows: General Obligation Bonds, Voted 1968, General Obligation
Bonds, Voted 1971, General Obligation Bonds, Voted 1976, General Obligation Bonds,
Voted 1978, and General Obligation Bonds, Voted 1981.
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 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 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 24th day of June 1982.
APPROVED:
Mayor - L
ATTEST:
pity Secret y