HomeMy WebLinkAboutOrdinance - 884-1948 - Levying Tax Upon All Property Subject To Taxation Within City Limits - 08/26/1948(_ AN -ORDINANCE LEVYING A TAX UPON W, PROPERTY SUBJECT TO TAXATION WITHIN THE CITI OF LUBBOCK, TEXAS, FOR THE SUPPORT OF THE CITY FOR THE YEAR 19481 APPORTION• ING SAID LEVY~ THE VARIOUS FUNDS AND ITEMS FOR IHIOH REVENUE M'IJST BE RAISED, LEVYING AN OCCUPATION TAX UPON ALL OCCUPATIONS TAXABLE AND Fini~Z THE TIME II IHICH SAID TAXES .BE PAID, AND ASSESSING PENALTY AND INTEREST FOR THE NOR PAYMENT OF SUCH TAXES WITHIN THE TIME SET • ..... ~E IT ORDAINED BY THE CITY COMMISSION OF THE OITI OF LUBBOCK, TEXAS: SECTION l1 There shall be levied and assessed upon all property subject to i;axatlon within the City ot Lllbbock, Texas, tor the year 19481 the sum ot $1.25 per 1100 valuation thereot, and the saae shall be applied to the various :funds . in the following llannera · .6.3 per $100.00 valuation • to the Interest & SiDldng Fund .s7 par •100.00 valuation • to the General Fund .os per tloo.oo valuation • to the Board of City Development Fund SECTION 21 .All ad valorem taxes shall be paid before the first day ot February 19491 and taxes not paid by that date shall have to said taxes added the sum ot 1~ penalty and bear interest from said date at 6% and thereafter such fees and coats shall be added as provided b.r law for State and County taxes. SECTION ). There is levied upon all occupations taxable onetoehalt (l/2) the sum charged by the State ot Texas tor· pursuing such occupation. Passed and approved first reading this ~ dq ot Augyst Passed and approved seoond reading this J dq ot <f$eet-;-ATTESTs ~.i~~~~~ , 1948. , 1948.