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O65-09KENNEDALE ORDINA CE v it :ER 65®9 AN 0INANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE 7 ICIPAL GOVERMENT OF THE CITY OF KE1 DALE, TEXAS, AND PROVIDING FOR Ti. WATERWORKS SYSTEM ;O H A:! INTEREST RE- TIREMENT FU ° i ar, SERIES 1952, A `, P TIDE WATER- WORKS SYSTE a,' BOND AND INTEREST RETIRED. Na F fi F, SERIES 1955, AND THE GENERAL OBLI- GATION BOi': AND INTEREST RETIRE!'t, NT F SERIES 1960, AND THE GENERAL OBLIGATION 0,,`.r t AND INTEREST RETIREMENT FUSERIES 1962, ATHE GENERAL OBLIGATION BO AND INTEREST RETIREMENT FUND, SERIES 1964, A T GENERAL OBLIGATION OND AND INTEREST RETIRENT F I, SERIES 1965, FOR THE TAX YEAR 1965; APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE; AND PROVIDING AN EFFECTIVE DATE. E IT Oa PAINED BY TCITY COUNCIL OF THE CITY OF KE DAT, 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, nd to provide an interest and sinking fund for the retirement, of City of Kennedale Waterworks Systeonds, Series 1952, and City of Kennedale Waterworks Systeiu. Bonds, 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, and City of Kennedale General Obligation Bonds, Series 1965, upon all property, real, personal and nixed, within the corporate limits of the said City of Kennedale, Texas, subject to taxation, a tax of One Dollar ($1.0) on each One Hundred ollars ($100.00) valuation of property for the year 1965, said tax being so levied and apportioned for the purposes herein set forth: (a) For the City of Kennedale Waterworks Syste. Bonds, Series 1952, Interest and Sinking Fund: Eighteen Cents ( 18 on each One Hundred Dollars ($100.0 valuation of property. (b) For the City of Kennedale Waterworks System Bonds, Series 1955, Interest and Sinking Fund: Eight Cents ( 8,) per One Hundred Dollars (S1O0.0,t) valuation of property. (c) For the City of Kennedale General Obligation Bonds, Series 1960, Interest and Sinking Fund: Twenty -Six Cents ( 26¢ on each One Hundred Dollars ($100.00) valuation of property. (d) For the City of Kennedale General Obligation Bonds, Series 1962, Interest and Sinking F u:d: Nine Cents ( 9¢ ) on each One Hundred Dollars ($100,00) valuation of property, (e) For the City of Kennedale General Obligation Bonds, Series 1964, Interest and Sinking Fund: Seven Cents ( 7N ) on each One Hundred Dollars ($100.00) valuation of property. (r) (g) For the City of Kennedale General Obligation onds, Series 1965, Interest and Sinking Fund: Five Cents 5O ) on each One Hundred Dollars ($1OO.O-) valuation of property. For the maintenance and support of the general governe°°it (General Fund) : Twenty -Seven Cents each One Hundred Dollars ($100.0 valuation of property. Section 2. There is hereby levied .nd there shall be collected fro,' every person, fire:, association or corporation pursuing any occupation taxed by the general laws of the State of Texas, an annual occupation tax equal i;a, 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, which occupation taxes are hereby appropriated to the maintenance of the general G+ unicipal governent (General Fund). Section 3. 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 distinctly show the aount 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 de- positing any monies, a statement showing to what fund such deposit should be wade and frown 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. Section 4. This ordinance shall take effect and be in full force and effect from and after its passage. PASSED AND APPROVED this loth day of October, 1965. APPROVE : Mayor, City of Kennedale, Texas ATTEST: City Secre :.ary (CITY SEAL)