HomeMy WebLinkAboutOrdinance - 788-1946 - Levy Taxation Upon All Property Subject To Taxation - 08/26/1946)
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ORDINANCE NO. 788
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AN ORDINANCE LEVYING A TAX UPON ALL PROPERTY SUBJECT TO TAXATION WITHIN THE
CITY OF LUBBOCK, 'I'EXAS, FOR THE SUPPORT OF THE CITY FOR THE YEAR 1946, APPORTIONING
SAID LEVY AIVIONG THE VARIOUS FUNDS AND ITEMS FOR WHICH REVENUE MUST BE RAISED, LEVY-
ING AN OCCUPATION TAX UPON ALL OCCUPATIONS TAXABLE AND FIXING 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 11 There shall be levied and assessed upon all property subject to
taxation within the City of Lubbock, Texas, for the year .l946, the sum of $1 .00 per
$100.00 valuation thereof, and the same shall be applied to the various funds in
the following manner:
.50 per $100.00 valuation -to the Interest & Sinking Fund
.45 per $100.00 valuation -to the General Fund
.05 per $100.00 valuation -to the Board of City Development Fund
SEOTIDN 2: All ad valorem taxes shall be paid befo~e the first day of February,
1947, and taxe s not paid Qy that date shall hPve to said taxes added the sum of 10%
penalty and bear interest from said date at 6% and thereafter such fees and costw
shall be added as provided by law for State and County Taxes.
SECTION 3: There is levied upon all occupations taxable one•half (1/2) the sum
charged by the State of Texas for pursuing such occupation.
Passed and approved first reading this 26 day of _..;::Aug;:;:g-=u=-st.:o-..---' 1946.
Passed and approved second reading this 12 day of September , 1946.
Mayor
ATTES T:
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