O64-10KENNEDALE 0
.�•
INANCE NO. 64-10
AN ORDINANCE LEVYING TAXES FOR THE USE A
SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE
CITY OF KENNEDALE, TEXAS, AND PROVIDING. FOR
WATERWORKS SYSTEM tND AND INTEREST RETIRE-
MENT FUND, SERIES 1952, AND THE WATERWORKS
SYSTEM BOND AND INTEREST RETIREMENT FUND,
SERIES 1955, AND THE GENERAL OBLIGATION •-AND
AND INTER -MT RETIREMENT FUND, SERIFS 1960,
AND THE GENERAL OBLIGATION BOND AND INTEREST
RETIREMENT FUND, SERIFS 1962, AND THE GENERAL
OBLIGATION ; ND AND INTEREST RETIREMENT FUND,
SERIES 1964, FOR T : TAX YEAR 1964; APPORTIONING
EACH LEVY FOR THE. SPECIFIC PURPOSE; AND PROVIDING
AN EFF " TIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE,
TEXAS:
Section 1. 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 .on•s, Series 1955, and
City of Kennedale General Obligation Bonds, Series 1960,
and City of Kennedale General Obligation Bonds, Series
1962, and City of Kennedale General Obligation Bonds,
Series 1964, upon all property, real, personal and mixed,
within the corporate 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. 1964, said tax being so levied and pportioned
for the purposes herein set forth:
(a)
For the City of Kennedale Waterworks System
Bonds, Series 1952, Interest and Sinking
Fund: Twenty Cents
20
on each One Hundred Dollars ($100.0
valuation of property.
(b) For City of Kenned, le Waterworks Syste
Bonds, Series 1955, Interest and Sinking
Fund: Ten Cents
per One Hundred Dollars ($100.00) va uat ion
of property.
(c)
( 10
For the City of Kennedale General Obligation
Bonds, Series 1960, Interest and Sinking Fund:
Twenty -Eight Cents ( 28 ) on
each One Hundred Dollars ($100.*ta vs cation of
property.
(d) For the City of Kennedale General Obligation
Bonds, Series 1962, Interest and Sinking Fund:
Ten Cents ( ,t,) on each
One Hundred Dollars ($100.00) valuaa,ton
of property..
(e) For the City of Kennedale General Obligation
Bonds, Series 1964, Interest and Sinking Fund:
Six Cents ( 6 ) on each
One Hundred Dollars ($100.00) valuation of
property.
For the maintenance and support of the
general government (General Fund):
Twenty -Six Cents ( 261 ) on each
One Hundred Dollars ($100.00) va aTion of
property.
Section 2. 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-hlf 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, which occupation taxes are, hereby
appropriated to the maintenance of the general municipal
government (General Fund).
Section 3. All monies collected under this ordinance
are hereby appropriated and set apart for the purposes indi-
cated, and the City Secretary shall keep accounts so as to
readily and distinctly show the amount collected, the amount
expended and the amount on hnd 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 apportioned 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.
Cr)
Section 4. This ordinance shall take effect and be
in full force and effect fro and after its passage.
PASSED AND APPROVED this aC day of October,
APPROVED:
Mayor, City of Kennedale, Texas
1964.
ATTEST:
City Secretary
(CITY SEAL)