HomeMy WebLinkAbout1984-1529 - Ordinance - 06/27/1984ORDINANCE NO. 1529
AN ORDINANCE LEVYING THE 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 1984-1985 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 eighty-four upon all property, real, personal, and mixed
within the corporate limits of said city subject to taxation, a tax of
thirty-six cents ($0.36) on each One hundred dollar ($100.00) valuation
of property, and said tax being so levied and apportioned to the specif-
ic purpose herein set forth:
For the Interest and Sinking Fund, Thirty-six and 00/100
cents ($0.3600) on each One hundred dollar ($100.00) valuation of prop-
erty to be apportioned as follows: General Obligation Bonds, Issued
1968, General Obligation Bonds, Issued 1971, General Obligation Bonds,
Issued 1976, General Obligation Bonds, Issued 1978, 1978-II, General
Obligation Bonds, Issued 1981, General Obligation Bonds, Issued 1982,
1982-II, General Obligation Bonds, Issued 1984.
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 occupational tax,
which said taxes shall be paid annually in advance except where other-
wise 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 Asses-
sor 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. Ail receipts for the City not specifically appor-
tioned by this ordinance are hereby made payable to the General Fund of
the City.
SECTION IV.
and after its passage.
That this ordinance shall take effect and be in force from
PASSED AND APPROVED THIS
ATTEST:
Dian Jone~ City Secretary
27th DAY OF JUNE , 1984.
Gary H~Vt~r, Mayor