Ord. 0119 1965-11-11ORDINANCE NO. `/ 1
AN ORDINANCE FIXING THE TIME AND MANNER OF PAYING THE AD
VALOREM TAXES LEVIED FOR THE USE AND BENEFIT OF THE GOVERN-
MENT 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 govern-
ing 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 to and
including the following Tanuary 31st, without penalty, but if not so paid such taxes
shall become delinquent on the following day, February 1st, and the following
penalty shall be payable thereon, to -wit: If paid during the month of February,
one percent (19c); during the month of March, two percent (27c); April, three per-
cent (39 ); May, four percent (4%); Tune, five percent (5%); and on and after the
first day of Tuly, eight percent (87c). Such unpaid taxes shall bear interest at
the rate of sic percent (69) per annum from February lst of the year next succeed-
ing the year for which such taxes were levied or assessed.
SECTION 2: Unpaid taxes for the assessment year 1965 and all prior
years shall be considered delinquent as of February 1st 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 (81) and interest at the rate of six percent (6%) per annum
from the date of their delinquency.
PASSED and APPROVED this the , ( day of
A. D. 1965.
ATTEST:
W. A. cClellan, City Secretary
CITY OF PEARLAND, TEXAS
By:
J-61 n G. Kegley,