HomeMy WebLinkAboutORD 32-EEAN ORDINANCE
ENTITLED AN ORDINANCE PROVIDING FOR THE. LEVYING,
ASSESSING AND COLLECTING OF AD VALOREM AND OTHER
TAXES FOR THE YEAR 1962 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 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 as-
sessed and collected for the year 1962, for municipal purposes only,
an ad valorem tax of One Dollar and Eighty Cents ($1.80) 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 purpose hereinafter set forth
as follows, to wit:
For the General Fund $1.30
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 .50
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 por-
tion of this ordinance is for any reason held invalid or unconstitu-
tional by any court of competent jurisdiction, such section, subsec-
tion, sentence, clause, phrase, or portion shall be deemed a separate
adept provision and such holding shall not affect
remaining portions thereof.
he City Council this 19th day of June, A.D., 1962.