HomeMy WebLinkAboutORD 60 I Ir
ORDINANCE NO. �O
ENTITLED AN ORDINANCE PROVIDING FOR THE
LEVYING, ASSESSING AND COLLECTING OF AD
VALOREM AND OTHER TAXES FOR THE YEAR 1968
FOR THE -PURPOSE OF PAYING THE GENERAL
OPERATING EXPENSES OF THE CITY OF BEAUMONT,
AND PROVIDING A SINKING FUND TO MEET THE
PAYMENT OF ALL BONDED INDEBTEDNESS OF THE
CITY OF BEAUMONT AND THE PAYMENT OF ACCRUING
INTEREST THEREON; PROVIDING FOR THE PAYMENT
OF OCCUPATION TAX; AND PROVIDING FOR
SEVERABILITY.
BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS:
gart•i nn 1 _
That there shall be and is hereby levied and shall
be assessed and collected for the year 1968,'for municipal
purposes only, an ad valorem tax of One Dollar and Sixty-three
Cents ($1.63) on each One Hundred Dollars' worth of property
located within the present city limits of The City of
Beaumont made taxable by law, which said taxes when collected
shall be for the purposes hereinafter set forth as follows,
to -wit:
For the General Fund
$1.245
For the purpose of paying .the
accruing interest and to provide
a sinking fund for the payment of
the entire bonded indebtedness of
The City of Beaumont .385
Section 2.
That there shall be and is hereby levied and there
shall be collected on all occupations and callings on which
an occupational tax is levied by'the State of Texas, a sum
equal to one half of the amount so levied by the State of
Texas, on each respective occupation or calling in The City
of Beaumont.
If any section, subsection, sentence, clause,
phrase, or portion of -this ordinance is for any reason held
invalid or unconstitutional by any court of competent
jurisdiction, such section, subsection, sentence, clause,
phrase, or portion shall be'deemed a separate, distinct
and independent provision and such holding shall not affect
the validity of the remaining portions hereof..
PASSED by the City Council this 3rd day of
September, 1968.
- Mayor -