HomeMy WebLinkAboutOrdinance - 1145-1951 - Setting The Tax Rate And Levying A Tax Upon All Property Subject To Taxation - 09/27/19510
oe-2-::r • 1951
ORDIN"ANCE NO. ll4S to-ll-l.9Sl
AN ORDINANCE SETTING THE TAX RATE AND LEVYING A TAX
UPON ALL PROPERTY SUBJECT TO TAXATION W~THIN THE CITY OF
LUBBOCK, TEXAS, FOR THE YEAR 1951; APPORTIONING SAID LEVY
AMONG THE VARIOUS FUNDS AND ITEMS FOR WHICH REVENUE MUST BE
RAISED, LEVYING AN OCCUPATION TAX UPON ALL OCCUPATIONS TAX-
ABLE, 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, THEREFORE,
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK;
SECTION 1. THAT there shall be levied and assessed upon all
property subject to taxation within the City of Lubbock, Texas, for the year
1951, the sum of $1.50 per One Hundred ($100. 00) Dollarst valuation thereof,
( and the same shall be applied to the various funds in the following manner:
$0.51 per $100.00 valuation -to the Interest and Sinking Fund
• 94 per $100.00 valuation -to the General Fund
_ • 05 per $100.00 valuation -to the J3<iard of City Development
$1.50 Fund
SECTION 2. THAT all ad valorem taxes shall be pai~ before the
first day of February, 1952, and taxes not paid by that date shall have to
said taxes added the ·sum: of ten per cent (lOo/o) penalty, and bear interest
from said date at six per cent (6%), and thereafter such fees and costs
shall be added, as provided by law, for State and County taxes.
SECTION 3. THAT 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 appl'oved by unanimous vote of the City Commission on
first reading this 27th day of September, 1951.
Passed and approved by unanimous vote of the City Commission on
second reading this llthday of October 1951 t • -----------------
ATTEST;
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