HomeMy WebLinkAboutOrdinance - 3238-1960 - Levying A Tax Upon All Property Subject To Taxation - 08/25/1960F
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ORDINANCE N0.3238
AN ORDINANCE SETTING THE TAX RATE ANtfJ&vRJ2z A ~XfO{Q)oN AL
PROPERTY SUBJECT TO TAXATION WITHIN THE CITY OF LUBBOCK. TEXAS,
FOR THE YEAR 1960; APPORTIONING SAID LEVY AMONG THE VARIOUS FUND
AND ITEMS FOR WHICH REVENUE MUST BE RAISEDJ FIXING THE TIME L~
WIUCH SAID TAXES BE PAID; AND ASSESSING PENALTY AND INTEREST FOR
NON-PAYMENT OF SUCH TAXES WITHIN THE TIME PROVIDED.
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK:
SECTION 1. THAT there shall be levied and assessed upon all property sub-
ject to taxation within the City of Lubb.ock, Texas, for the year, 1960, the sum of
$1.50 per One Hundred ($100. 00) Dollars' valuation thereof, and the same shall
be applied to the various funds in the following manner:
$ • 6 7 853 per $100 valuation -to the Interest and Sinking Fund
• 77147 per $100 valuation-to the General Fund
• 05000 per $100 valuation -to the Board of City Development Fund
SECTION .2. THAT all ad valorum taxes shall be paid before the first day of
February, 1961, and taxes not paid by that time shall have added to said t{lxes
such penalty and i nterest as provided in Ordinance No. 1329.
AND IT IS SO ORDERED
Passed by the Commission on first reading this25th day of August ----~------------
Passed by theCommission on second reading this 8th day of September
LfiL -~IJ d ._Q~&n __ _ t~.~
form Approved C77t4. g ijl~·
City Attorney
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