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HomeMy WebLinkAboutORD 57-Wo - AN ORDINANCE PROVIDING FOR THE LEVYING, ASSESSING AND COLLECTING OF AD -VALOREM AND OTHER. TAXES,.FOR -THE- YEAR 1951. FOR THE .PURPOSE OF.PAYING THE GENERAL OPERATING EXPENSES OF THE -CITY OF BEAUMONT.-AND PROVIDING A -SINKING F UND.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 OCCU- PATION -TAX -AND PROVIDING.A SAVINGS CLAUSE., BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS: Section 1. That there shall be and is hereby levied and shall be assessed and collected for the year 19511, for municipal puoses only, an ad valorem tax of One Dollar and Sixty -Four Centsl$1.64) on each One Hundred Dollars worth of property located within the -present city.limits of The City of Beaumont, made tax able by law, which said taxes when.collected shall be for the purpose hereinafter set forth as follows, to wit: For the General Fund $1.19 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 .45 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. Section 3. If any section, subsection, sentence, clause, phrase, or portion of this Ordinance is for any reason held invalid or uncon- stitutional 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 thereof. 1951. PASSED by the City Council this 4th day of -September, A. D. - Mayor -