O70-10KENNEDALE ORDINANCE NO. 70-10
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT
OF THE MUNICIPAL GOVERNMENT OF THE CITY OF KENNEDALE,
TEXAS, AND PROVIDING FOR THE BOND AND INTEREST RETIRE-
MENT FUNDS OF ALL OUTSTANDING GENERAL OBLIGATION BONDS
OF THE CITY OF KENNEDALE, TEXAS, AS HEREIN SET FORTH,
FOR THE TAX YEAR 1970; APPORTIONING EACH LEVY FOR THE
SPECIFIC PURPOSE: AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY a 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
No 1100 41.00) Dollars on each One Hundred and No/100 4100.00)
Dollars va luaTion of property for the tax year 1970, said tax
being so levied and apportioned for the purposes herein set
forth:
(g)
For the City of Kennedale Water Works System Bonds,
Series 1952, Interest and Sinking Fund: Nine
Cents ( 9 ¢) on each One Hundred Dollars ($100.00)
Va lua tion= of, property .
For the City of Kennedale Water Works System Bonds,
Series 1955, Interest and Sinking Fund:Th
Cents ( j) on each One Hundred Dollars ($100.00)2
valuation of property.
For the City of Kennedale
Series 1960, Interest and
Cents (10 2 0) on each One
valuation of property.
For the City of Kennedale
Series 1962, Interest and
Cents ( 4 ¢) on each One
valuation of property.
For the City of Kennedale
Series 1964, Interest and
Cents ( 3 0) on each One
valuation of property.
For the City of Kennedale
Series 1965, Interest and
Cents ( 2 0) on each One
valuation of property.
General
Sinking
Hundred
Genera 1
Sinking
Hundred
Genera 1
Sinking
Hundred
Genera 1
Sinking
Hundred
Obligation Bonds,
Fund:Ten and 3
Dollars ($1000)
Obligation Bonds,
Fund: Four
Dollars ($100.00)
Obligation •nds,
Fund: Three
Dollars ($100.00)
Obligation Bonds,
Fund: Two
Dollars ($100.00)
For the City of Kennedale Refunding Bonds, Series
1967, Interest and Sinking Fund:Three and z Cents
( 32 ¢) on each One Hundred Dollars ($100.00) valua-
tion of property.
(h) For the City of Kennedale Waterworks System and Sewer
System General Obligation ;ends, Series 1970 and 1970-A,
Interest and Sinking Fund: Thirty -Five Cents
( 35 $) on each One Hundred Dollars ($100.00) valuation
of property.
(i)
For the maintenance and support of the general
government of the City of Kennedale (General Fund):
Twenty -Nine and % Cents (29;�`) on each One
Hundred Dollars ($100.00) valuation of property.
Section 2. There is hereby levied and there shall be col-
lected from every person, firm, association or corporation pur-
suing any occupation taxed by the general laws of the State of
Texas, an annual occupation tax equal in each instance to one-half
(1/2) of the state occupation tax, which said taxed shall be paid
annually in advance except where otherwise provided by state law,
and then as provided by state law, which, occupation taxes are hereby
appropriated to the maintenance and support of the general munici-
pal government (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 dis-
tinctly show the amount collected, the amound expended and the
amount on hand at any time, in each of said funds, and it is here-
by made the duty of the City Tax Assessor -Collector and every per-
son collecting money for the City of Kennedale_, Texas, to deliver
to the City Secretary -Treasurer, at the time of depositing any
monies, a stateent showing to what fund such deposit should be
made and from what source received. 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 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 October, 1970.
A TTES T,
Jewel D. Boyd, City Secrk
(CITY SEAL)
APPROVED:
Bob Platt, Mayor of e City of
Kennedale, Texas
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