Ord. 0098 1964-10-19ORDINANCE NO.7/
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE
MUNICIPAL GOVERNMENT OF THE CITY OF PEARLAND, TEXAS, AND
PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE YEAR
1964, AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND,
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 Pearland,
Texas, and to provide Interest and Sinking Fund for the year Nineteen Hundred
and Sixty-four (1964), upon all property, real,. personal and mixed, within the
Corporate Limits of said City, subject to taxation, a tax of Seventy-five cents
(
. 75) on each One Hundred
100.00) Dollar valuation of property, said tax
being so levied and apportioned to the specific purposes herein set forth:
(1) For the maintenance and support of the general government (General Fund)
the sum of 25, 889.55 $($7.609) on each One Hundred (5100.00)
Dollar valuation of property, and
(2) For the Interest and Sinking Fund, the sum of $42, 950.00
($62.391 ) on each One Hundred
apportioned as follows:
100.00) Dollar valuation of property, to be
The levy for each bond issue's Interest
4-1-64 Interest 1950 Series Bonds
4-1-64 Principal 1950 Series Bonds
10-1-64 Interezt 1950 Series Bonds
4-1-64 Interest 1961 Series Bonds
10-1-64 Interest 1961 Series Bonds
Interest on Warrants ($110,000.00)
INTEREST ON 1964 SERIES BONDS
BANK FEES
TOTAL
and Sinking Fund
$3,740.00
9,000.00
39560.00
2,070.00
2,050.00
5,500.00
16,000.00
30.00
$42,950.00
SECTION 2: There is hereby levied and there shall be collected from
every person, firm, association, or corporation purusing any occupation taxed
by the General Laws of the State of Texas, an annual occupation tax equal in each
instance to one-half of the State occupation tax, which said taxes shall be paid
annually in advance except where otherwise provided by the State Laws, in
which event the same may be paid as is provided by the State Law.
SECTION 3: All monies collected under this Ordinance shall be for
the specific items herein named, be and the same are hereby appropriated and
set apart for the specific purpose indicated in each item and that the Assessor
and Collector of Taxes, the City Treasurer and the City Secretary shall keep
these accounts so as to readily and distinctly show the amount collected, the
amounts expended and the amount on hand at any time, belonging to such funds,.
it is hereby made the duty of the Tax Assessor and Collectux of Taxes and every
person collecting money for the City of Pearland, to deliver to the City Treasurer
and the City Secretary at the time of depositing any monies, a statement showing
to what fund such deposit should be made and from what source received. All
receipts for the CiLy not specifically apportioned by this Ordinance are hereby
made payable to the General Fund of the City.
SECTION 4: That this Ordinance shall take effect and be in force from
and after its passage.
PASSED AND APPROVED this the /y day of
A. D. 1964.
ATTEST:
4)1 977
r City Secrary
CITY OF PEARLAND,., TEXAS
By:
May$r