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HomeMy WebLinkAboutOrdinance - 699-1944 - Tax Upon All Property Subject To Taxation - 05/29/1944Ordinance No. _6~9~9 ____ __ 05 -29-1.9~-ou-22-19/.ftf . -AN ORDINANCE lEVYING A TAX UPON ALL PROIERTY SUBJECT TO TAXATION WITHIN THE CITY OF LUBBOCK, TEXAS , FOR THE SUPPORT OF THE CITY FOR THE YEAR 1944, APPORTIONING SAID LEVY AMONG THE VARIOUS FUNDS AND ITEMS FOR WHICH REVENUE MUST BE RAISED, LEVYING AN OCCUPATION TAX UPON ALL OCCUPATIONS TAXABLE .AND l'iXING THE TIME IN WHICH SAID TAXES BE PAID, AND ASSESSING PENALTY AND INTEREST FOR THE NON PAYMENT OF SUCH TAXES WITHIN THE TIME SET. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK, TEXAS: SECTION 1: 1bare shall be levied and assessed upon all property subject to taxation within the City of Lubbock, Texas, for the year 1944, the sum of $0.85 per $100.00 valuation thereof, and the same shall be applied to the various funds in the following manner : .63¢ per $100.00 valuation -to the Interest & Sinking Fund .17¢ per $100.00 valuation-to the Generall!'und .05¢ per $100.00 valuation -to the Board of Uity Development Fund SECTION 2: All advalorem taxes shall be paid before the first day of February, 1945, and taxes not paid by that date shall have to said taxes added the sum of 10% penalty and bear interest from said date at 6% and thereafter such fees and costs shall be added as provided by law for State and County taxes. SECTION 3: There is levied uP.on all occupations taxable one-half (1/2) the sum charged by the titate of Texas for pursuing such occupation. Passed and approved this the 29th day o f __ Ma~y'-------' 1944. Passed and approved second and finalreading this the 22n d day o f J une , 1944. (Seal)