HomeMy WebLinkAboutOrdinance - 829-1947 - Levying A Tax Upon All Property Subject To Taxation - 09/11/1947'•
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CRDINANCE NO. 829
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AN ORDINANCE LEVYING A TAX UJPON ALL PROPERTY SUBJECT T.O TAXATION WITHIN THE
CITY OF LUBBIOOK, Tl!:XAS, FOR THE SUfroRT OF THE CITY FOR THE YEAR 1947, AP.PORTI10N-
ING SAID LEVY AMONG THE VARIOUS FUNDS AND ITEMS FOR fiHICH REVENUE MUST BE RAISED,
LEVY!NG AN OCCUPATION TAX UPON ALL OCCUPATIONS TAXABLE AND FIXING THE TUllE IN
WHICH SAID TAXES BE PAID, AND ASSESSING PENALTY AND INl'ERI:ST FOR THE NON PAYMENI'
OF SUCH TAXES iiiTHIN THE TIME SET.
BE IT ORDAINED BY THE CITY COfOOSSIO IJ OF THE CITY ·OF LUBBOOK, TEXASa
SECTioN 1: There shall be levied and assessed upon all property subject to
taxation within the City of Lubbock, Texas, for the year 1947, the sum of $1.25
per $100.00 valuation thereof, and the same shall b~ applied to the various funds
in the follcming manners
$.67 per $100.00 valuation -to the Interest & Sinking Fund
$.53 per $100.00 valuation -to the General Fund
$.05 per $100.00 valuation -to the Board of City Development Fund
SECTION 2: All ad valorem taxes shall be paid before the first day of February
1948, 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 upon all occupations taxable one-palf (1/2) the
sum charged b.Y the State of Texas for pursuing such occupation.
Passed and approved first reading ~his 11th day of Se2tember
. Passed and approved second reading this 25th day of Septembe r
Mayor
ATTEST:
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Ci ty Secre t ary ~
' 1947 •
, 1947.