HomeMy WebLinkAboutOrdinance - 692-1943 - Levy A Tax Upon All Property Subject To Taxation - 05/27/1943AN ORDINANCE lEVYING A TAX UPON ALL PROPERTY SUBJ"".l!:CT TO TAXATION
WITHIN THE CITY OF LUBBOCK , TEXAS , FOR TB'E SUPPORT OF THE CITY FOR
THE YEAR 1943, APPORTIONING SAID LEVY AMONG THE VARIOUS FU1'l"DS Al\TD
ITE~/iS FOR Y.JHICH REVENUE I•.IDST BE RAISED , LEVYING AN OCCUPATION TAX
UPON ALL OCCUPATIO NS TAXABlE AND FIXING THE TiriE IN WHICH Sft..ID TAXES
BE PAID, .AND ASSESSll\TG PENALTY AND INTEREST FOR THE: NON PAYI1.t1ENT OF
SUCH TAXE S WITHIN THE TIME SET .
BE IT ORDAI NED BY THE CITY COJ.\~MISSION OF THE CITY OF LUBBOCK, TEXAS:
SECTION 1: There shall be levied and ·assessed upon all property
subject to taxation wi~hin the City 9,f Lubbock , Texas , for the
year 1943, the sum of #0.85 per $100.00 valuation thereof, and
the same shall be a p plied to the v a rious funds in the following manner :
.80¢ per $100.00 valuation -to the Interest &. Sinking .l!'und
.05¢ per $100.00 valuation -to the Board of City Development Fund
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SECTION 2: All advalorem taxes shall be paid before the first day of
February, 1944, and taxes not p aid by that date shall have to said
taxes added the sum of 10% penalty an·d bear i nterest from said dat Btly: law
at 6% and thereafter such fees and costs shall be added as p rovide ~for
State and County taxes.
SECTION 3: There is levied upon all occupations taxab~ one-half
(1/2) the sum charged by the State of Texas for pursuing such occupation.
Passed and approved this the 27th day of ____ Ma_1....._ __ , 1943 .
Passed and approved second and final reading this the 15th
day of June , 1943 .
(Seal )