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HomeMy WebLinkAboutORD 62-ZAN -ORDINANCE ENTITLED -AN ORDINANCE PROVIDING FOR .THE -LEVYING, ASSESSING AND COLLECTING .OF .AD VALOREM. AND OTHER TAXES FOR THE YEAR 195.5 FOR THE'PURPQSE 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 PROVID ING_' 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 ..col,lected for .th-ei. year 1955, for municipal- .purposes only, an ad valorem- ,tax .of One Dollar. and Seventy two Cents "01.72) on each. One Hundred Dollars worth .of property located, within the ..present_ city- himits-. of' The` City. of Beaumont., "made -taxable by' "law;" which -said taxes -when collected shall be. for the purpose here inafter .-set-'f:orth as follows, , to wit For- the ' General Fund $1--26.. -- .:For the purpose of_ -paying the' accruing " interest and to-prov.i::.d e _ - - -- a sinking: fund- for the payment eindebtedness- -of . ` of the 'entire bonded indebtedness of The City' -of - Beaumont '- • 4.6 Section 2 That there shall,_be-'nd=is hereby -levied and" -there shall be col lected- 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. mount s,o levied by the, State. of -Texas-, -on: each -respective.. occupation" ,or ,.calling, in The:_City of Bea'uiont ::.._ `Section 3. If any- section, subsection, sentence;. 'dl'ause--phrase, or portion of -t'his Ordinance is 'fo:r any reason ,held invalid or' unconstitution- al 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 PASSED -.by the`City Council this 3: day of t�A.D. 1955 Mayor _