O60-10KENNEDALE ORDINANCE NO. 60-10
AN ORDINANCE LEVYING TAXES FOR THE USE AND
SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE
CITY OF KENNEDALE, TEXAS, AND PROVIDING FOR
WATERWORKS SYSTEM BOND AND INTEREST RETIRE-
NENT FUND, SERIES 1952, AND THE WATERWORKS
SYSTEM BOND AND INTEREST RETIREMENT FUND,
SERIES 1955, AND THE GENERAL OBLIGATION
BOND AND INTEREST RETIREMENT FUND, SERIES
1960, FOR THE TAX YEAR 1960; APPORTIONING
EACH LEVY FOR THE SPECIFIC PURPOSE; AND
PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE,
TEXAS:
Section One. That there is hereby levied and
there shall be collected for the use and support of the
municipal government of the City of Kennedale, Texas, and
to provide an interest and sinking fund for the retirement
of City of Kennedale Waterworks System Bonds, Series 1952,
and City of Kennedale Waterworks System Bonds, Series 1955,
and City of Kennedale General Obligation Bonds, Series 1960,
upon all property, real, personal and mixed, within the cor-
porate limits of the said City of Kennedale, Texas, subject
to taxation, a tax of One Dollar ($1.00) on each One Hundred
Dollars ($100.00) valuation of property for the year 1960,
said tax being so levied and apportioned for the purposes
herein set forth:
(a) For the City of Kennedale Waterworks System
Bonds, Series 1952, Interest and Sinking
Fund: Thirty -One Cents (310) on each One
Hundred Dollars ($100.00) valuation of
property.
(b) For the City of Kennedale Waterworks System
Bonds, Series 1955, Interest and Sinking
Fund: Fourteen Cents (1 0) per One Hundred
Dollars ($100.00) valuation of property.
(c) For the City of Kennedale General Obligation
Bonds, Series 1960, Interest and Sinking Fund:
Forty -Five Cents (450) on each One Hundred
Dollars ($100.00) valuation of property.
(d) For the maintenance and support of the general
government (General Fund): Ten Cents (100) on
each One Hundred Dollars ($100.00) valuation
of property.
Section Two. There is hereby levied and there shall
be collected from every person, firm, association or corporation
pursuing any occupation taxed by the general laws of the State
of Texas, an annual occupation tax equal in each instance to
one-half of the State Occupation Tax, which said taxes shall be
paid annually in advance except where otherwise provided by State
Law, in which event same shall be paid as is provided by State
Law, a-ehell a i -FFprevided- by-..,F,sta e
Lau; which occupation taxes are hereby appropriated to the
maintenance of the General Municipal Government (General
Fund)..
Section Three. All monies collected under this
ordinance are hereby appropriated and set apart for the
purposes indicated, and the City Secretary shall keep accounts
so as to readily and distincly show the amount collected, the
amount expended and the amount on hand at anytime, in each of
said funds, and it is hereby made the duty of the Tax Assessor -
Collector and every person collecting money for the City of
Kennedale, to deliver to the City Secretary -Treasurer, at
the time of depositing any monies, a statement showing to
what fund such deposit should be made and from what source
received. All receipts for the City not specifically appor-
tioned by this ordinance are hereby made payable to the
General Fund of the City, unless the City Council shall by
resolution or ordinance hereafter otherwise direct.
Section Four. This ordinance shall take effect
and be in full force from and after its passage.
1960.
PASSED AND APPROVED this 6th day of October, A.D.
APPROVED:
ATTEST:
ae
City Secreta
(CITY SEAL)
Kennedale, Texas.