O66-05IENNEDALE ORDINANCE NO. 66-5
AN ORDINANCE LEVYING TAXES FOR TEE
USE AND SUPPORT OF THE ICIPAL
GOVERNMENT OF THE CITY OF KENNEDATvF,
TEXAS, AND PROVIDING FOR THE WATER
WORKS SYSTEM BOND AND INTEREST
RETI MENT Fi , SERIES 1952, AND
THE WATER WORKS SYSTEM BOND AND
INTEREST RETIREMENT F '` , SERIES
1955, AND THE GENERAL OBLIGATION
BOND AND INTEREST RETIREMENT F ,
SERIES 1960, AND THE GENERAL OBLIGATION
BOND AND INTEREST RETIREMENT F'
SERIES 1962, AND THE GENERAL OBLIGATION
BOND AND INTEREST RETIREMENT .,, t,
SERIES 1964, AND THE GENERAL OBLIGATION
BOND AND INTEREST RETIREMENT F' ' S,
SERIES 1965, FOR THE TAX YEAR 1966;
APPORTIONING EACH LEVY FOR THE
SPECIFIC PURPOSE; AND PROVIDING AN_
EFFECTIVE DATE
BE IT 0AI D 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 gover ent
of the City of Kennedalt, Texas, and to provide an interest and
sinking fund for the retirement of City of Kennedale water works
syste. bonds, Series 1952, and City of Kennedale water works
syste 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 generalobligation bonds,
Series 1964, and City of Kennedale general obligation bonds,
Series 1965, upon all property, real, personal and fixed, within
the corporate limits of the said City of Kennedale, Texas, subject
to taxation, a tax of One and No/100 Dollars (01.00) on each
One Hundred and No/100 Dollars ($100.00) valuation of property
for the year 1966, said tax being so levied and apportioned for
the purposes herein set forth:
(a) For the City of Kennedale Water Works
System Bonds, Series 1952, Interest and
Sinking Fund: Ten Cents (10¢) on each
One Hundred And No/100 Dollars ($100.00)
valuation of property.
(b) For the City of Kennedale Water Works
System Bonds, Series 1955, Interest
and Sinking Fund: Four Cents (4¢) per
One Hundred and No/100 Dollars ($100.00)
valuation of property.
For the City of Kennedale General
Obligation Bonds, Series 1960, Interest
and Sinking Fund: Ten Cents (1(¢) on
each One Hundred and No/100 Dollars ($100.00)
valuation of property.
(c)
(d) For the City of Kennedale General
Obligation Bonds, Series 1962,Interest
and Sinking Fund: Two Cents (20) on
each One Hundred and No/100 Dollars
($100.00) valuation of property.
For the City of Kennedale General
Obligation Bonds, Series 1964, Interest
and Sinking Fund: Two Cents (20) on
each One Hundred and No/100 Dollars
($100.00) valuation of property.
For the City of Kennedale General
Obligation Bonds, Series 1965, Interest
and Sinking Fund: Two Cents (20) on
each One Hundred and No/100 Dollars
($100.00) valuation of property.
(e)
(f )
(g)
For the maintenance and support of
the general government (General Fund):
Seventy Cents (700) on each One Hundred
and No/100 Dollars ($100.00) valuation
of property.
Section 2. There is hereby levied and there shall
be collected from every person, fire, association or corporat
pursuing any occupation taxed by the general laws of the Stat
of Texas, an annual occupation tax equal in each instance to
one half (I) of the State occupation tax, which said taxes
shall be paid annually in advance except where otherwise
provided by state la, which occupation taxes are hereby
appropriated to the aintenance of the general municipal
government ( General Fund) .
do
Section 3. All monies collected under this ordinance
are hereby appropriated and set apart for the purposes indicated,
and the City Secretary sh:11 keep accounts so as to readily and
distinctly show the amount collected, the aount expended, and
the amount on hand at any time, in each of said funds, and it
is hereby made the duty of the City 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.
Section 4. This ordinance shall take effect and
be in full force and effect from and after its passage.
PASSED AND APPROVED this 8th day of December, 1966.
(CITY SEAL).
APPROVED:
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yor,ity df Kennedale, Texas