Ord. 0097 1964-08-27ORDINANCE NO. g7
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AN ORDINANCE FIXING THE TIME AND MANNER OF PAYING THE AD
VALOREM TAXES LEVIED FOR THE USE AND BENEFIT OF THE
GOVERNMENT OF THE CITY OF PEARLAND, TEXAS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS:
SECTION 1: That the ad valorem taxes hereafter levied by the
governing body of the City of Pearland, Texas, each year shall become due
on the first day of October of the year for which the levy is made and may be
paid up to and including the following January 31st, without penalty, but if
not so paid such taxes shall become delinquent on the following day, February
lst, and the following penalty shall be payable thereon, to -wit: if paid during
the month of February, one percent (1%); during the month of March, two
percent (2%); April, three percent (3%); May, four percent (4%); Tune, five
percent (5%); and on and after the first day of July, eight percent (8%). Such
unpaid taxes shall bear interest at the rate of six percent (6%) per annum
from February 1st of the year next succeeding the year for which such taxes
were levied or assessed.
SECTION 2: Unpaid taxes for the assessment year 1964 and all
prior years shall be considered delinquent as of February lst of the year
next succeeding the year for which such taxes were levied or assessed and
shall be subject to a penalty of eight percent (8%) and interest at the rate of
six percent (6%) per annum from the date of their delinquency.
PASSED AND APPROVED this the .; J day of August, A. D. 1964.
CITY OF PEARLAND, TEXAS
ATTEST: By:
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