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HomeMy WebLinkAboutOrdinance - 353-1926 - Levy Tax Upon All Property Subject To Taxation Within City - 09/23/1926ORDINANCb NO. 353. AN ORDINANCE levying a tax upon all property subject to taxation within the City of Lubbock, Texas, jor the support of the City for the year 1926 apportioni~g said levy among the various funds and items for which revenue must be raised, levy- ing an occupation tax on all occupations taxable, and fixing the time within which said taxes and poll taxes be paid, asses- sing penalties and interest for non-payment of such ~axes within the time set and declaring an emergency account of nearness of the end of the year. BE IT O~NED BY THE CITY CO~SSION OF THE CITY OF LUBBOCK, T~XAS. SECTION 1. There shall be levied and assessed upon all property subject to taxation within the City of Lubbock, Texas, for the year 1926, the sum of Fifteen Dollars on.each One Thousand Dollar valuation thereof, and -same shall be applied to the various funds in the following manner: Interest & Sinking Fund Boa~d of City Development General Fund $10.00 2.00 3.00 SECTION a. All aivalorem taxes shall be paid before the first day of February 1927. and taxes not ~aid by that date shall have to .said tax added the sum of 10~ penalty and bear interest· from said date at six per cent. And thereafter such fees and costs shall be added as provided for state and coWlty taxes. SECTION 3. There is levied upon all occupations taxable one-half the sum charged by the State of Texas for pursuing such occuJE. tion. SECTION*· The fact the year is nearing its end, requires the rule of the Cbarter to have an ordinance read at two meet- ings prior to Jassage be suspended and this Ordinance passed at the mee~ing of its introduction and effective from the time of its approval and provided by law and the provisions of the Charter. Passed and approved this Se~. ... ,