HomeMy WebLinkAboutOrdinance - 2292-1957 - Levying A Tax Upon All Property Subject To Taxation Within The City Of Lubbock. - 08/22/19570'0 -~~,.... 1.95-=7
ORDINANCE NO. 2292 r
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AN ORDINANCE SETTING THE TAX RATE AND LEVYING A TAX UPON
ALL PROPERTY SUBJECT TO TAXATION WITHIN THE CITY OF LUBBOCK,.
TEXAS. FOR THE YEAR 1957; APPORTIONING SAID LEVY AMONG THE
VARIOUS FUNDS AND ITMES FOR WinCH REVENUE MUST BE RAISED;
FIXING THE TIME IN WEICH SAID TAXES BE PAID; AND ASSESSING
PENALTY AND INTEREST FOR NON-PAYMENT OF SUCH TAXES WITIDN
THE TIME P&OVIDED.
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK:
SECTION 1. THAT there shall be levied and asseseed upon all property
subject to taxation within the City of Lubbock, Texas, for the year 1957,
the sum of $1. 50 per One Hundred ($100) Dollars• valuation thereof~ and
the same shall be applied to the various funds in the following manner:
-$0. 5,.794 per $100 valuation -to the interest ·and Sinking Fund
-• -90Z06 per $100 valuation -to the General Fund
05000 per $100 valuation -to the Board of City Development Fund
SECTION Z. THAT all ad valorum taxes shall be paid before the first
day of February, 1957, and taxes not paid by that time shall have added to
said taxes such penalty and interest as provided in Ordinance No. 13Z9.
AND IT IS SO ORDERED
Passed by the Commission on first reading this 22nd da.y of AugustJ 1957. ·
Passed by the Commission on second reading this l2thday of Septeui>er, 1957.
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