O62-08ALE ORDINANCE NO. 62-8
AN ORDINANCE LEVYING TAXES FOR THE USE AND
SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE
CITY OF sm m'ALE, at A , AND PROVIDING FOR
WATERWORKS SYSTEM -*ND AND IN T RETIRE-
T FUND, SERIES 1952, AND THE WATERWORKS
SYSTEM BOND AND IN T RETIREMENT FUND,
SERIES 1955, AND g G me,L OBLIGATION
BOND AND IN T BET ' T FUND, SERIES
1960, AND THE GENERAL OBLIGATION BOND AND
IN T RETI T FUND, SERIES 1962, FOR
THE TAX YEAR 1962; APPORTIONING EACH LEVY
FOR TEE SPECIFIC PURPOSE; AND PROVIDING AN
EFFECTIVE DATE.
in
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
1113
S:
411101
rOUI
ALE,
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 andsinking 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,
and City of Kennedale-General Obligation Bonds, Series 1962,
upon all prOperty, real, pertOnal and mixed, within the cor-
porate limits of -the said City' of Kehnedale, Texas, subject
to taxation, a tax of One Dollar ($1-..00) on each One Hundred
D011ars ($100.00) valhatiOn of property_for the year 1962,
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: Twenty -Eight Cents (280 on eachOne
Hundred Dollars ($100.00) valuation of
property.
(b) Forthe City of Kennedale Waterworks System
Bonds, Series 1955, Interest and Sinking
Fund: Eleven Cents (110) per One Hundred
Dollars ($100.00) valuation of property.
(c) For the City of Kennedale General Obligation
Bonds, Series 1960, Interest and Sinking Fund:
Thirty -Six Cents (360) on each One Hundred
Dollars ($100.00) valuation of property.
(d) For the City of Kennedale General OPOigation
Bonds, Series 1962, Interest and Sinking
Fund: Fifteen Cents (150) on each One
Hundred Dollars ($100.00) valuation of
property.
(e) For the -maintenance and support of the general
government (General Fund): Ten Cents (100)
on each oneHundred Dollars ($100.00):valuation
of property.
Section Two. There is hereby levied and there shall --
be collected froit every person, firm, association or corporation
pursuing any OCCuPation-taXed-by-the'gefteral-laWs Of the State
of Texas, an -annual occupation tax-equai in each instance to
one7haif Of the State 'Occupation Tax, which said taxes -shall be
paid annually inadvance except where otherwise provided by. State
Law, in Which-eVent-SaMe-thali-be-Paid as- is provided by State
Law, whiChocCupation'taXes are hereby apprdpriated-to'the
maintenance of the General Municipal Government (General
Fund).
Section Three-. All-mbnies cbIleCted 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 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
KennedaIe, 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 rbt 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.
PASS
AT uDif
C y Secretary
(caw SAL)
AND APPROVED this 4th day of October, 1962.
•
APPROVED:
/ 4 -
Ma y o r Oity o
'enneda e 0Texa s