O71-08CITY OF KENNEDALE ORDINANCE NO. 71-3
AN ORDINANCE LEVYING TAXES FOR TEE USE AND SUPPORT
OF THE MUNICIPAL GOVERNM.ENT OF THE CITY OF KENNEDALE,
TEXAS, AND PROVIDING FOR THE BOND AND INTEREST RETIRE-
MENT FUNDS OF ALL OUTSTANDING GENERAL OT-JLIGATION BONDS
OF THE CITY OF KENNEDALE, TEXAS, AS REREIN SET FORTH,
FOR THE TAX YEAR 1971; 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 1. That there is hereby levied and there shall
be collected for the use and support of the municipal govern-
ment of the City of Kennedale, Texas, and to provide an inter-
est and sinking fund for the retirement of each series of out-
standing general obligation tax bonds of the City of Kennedale,
Texas, as hereinafter set forth, upon all property, real, per-
sonal and mixed, within the corporate limits of the said City
of Kennedale, Texas, subject to taxation, a tax of One and 35/100
($1.35) Dollars on each One Hundred and No/100 ($100.00) Dollars
valuation of property for the tax year 1971, said tax being so
levied and apportioned for the purposes herein set forth:
(a) For the City of Kennedale Water Works System Bonds,
Series 1959, Interest and Sinking Fund: Eight and
One-half Cents (8) on each One Hundred Dollars
($100.00) valuation of property.
For the City of Kennedale Water Works System Bonds,
Series 1955, Interest a.-71 Sinking Fund: Eight Cents
(Sa) on each One Hundred Dollars ($100.00) valua-
ation of property.
(c) For the City of Kennedale General Obligation Bonds,
Series 1960, Interest and Sinking Fund: Ten and
One-half Cents (10) on each One Hundred Dollars
($100.00) valuation of property.
(d) For the City of Kennedale Gene, -al Obligation Bonds,
Series 1952, Interest and Sinking Fund: Four Cents
(4‘) on each One Hundred Dollars ($100.00) valua-
tion of property.
(b)
(e)
tne City of Kennedale General Obligation Bonds,
Se -es 1964, 1.,,teest and Sinking Fund: Three Cents
(3;) on each One Hundred Dollars ($130.00) valuation
of property.
20)' the City of Kennedale General Obligation
Series 1965, Interest and Sinking Fund: Two Cre-zos
(2;) on each One Hundred Dollars ($100.03) va7ua-
tion of property.
(g) For the City of Kennedale Refunding Bonds, Series
1967, Interest and Sinking Fund: Three and One-half
Cents (31/2) on each One Hundred Dollars ($100.00)
valuation of property.
(h) 731- the City of Kennadale ',:rater Works System and
S=---JP1.7 Sy-sten Gene, --al Obligation Bonds, Series
1970 and 1973-A, Interest and Sinking Fund:
and One-half Cents (381/2,) on each One Hundred
Dollars ($100.00) valuation of prozerty.
For .che roaintenance and suPPort of tna general
g-overn=ent of the City of Kennedale (:eneral
Fifty-seion Cents (57) on each °he H_.7cred Dc---
(S'130.00) valuation 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-half (2) of the state occupation tax, which said taxes
shall be paid annually in advance except where otherwise pro-
vided by state law, and then as provided by state law, which
occup zion taxes are hereby appropriated to the maintenance
and support 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 aii,ount 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, Texas, 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 re-
ceived. All receipts of the City of Kennedale not specifically
apportioned by this ordinance are hereby made payable to the
General Fund of the City, unless the City Council shall by reso-
lution 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 23rd day of September, 1971.
ATTEST:
Jewe%D. Boyd, City Secrea;
(CITY SEAL)
APPROVED:
y
artin, Mayor of the City
of Kennedale, Texas