Ord. 0141 1967-11-09ORDINANCE NO. /eJ
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 here-
after 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 to and including the follow-
ing January 31st, without penalty, but if not so
paid such taxes shall become delinquent on the follow-
ing day, February 1st, 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 (3%) percent; May, four percent (4%); June,
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
SECTION 2: Unpaid taxes for the assessment
year 1967 and all prior years shall be considered
delinquent as of February 1st of the year next succeed-
ing the year for which 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 9th day of
November
ATTEST:
A.D. 1967.
CITY OF PEARLAND, TEXAS
BY: y7�
Dab R. Keller, Mayor
l 44— City Secretary