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HomeMy WebLinkAboutORD 49-CC�.c AN ORDINANCE ENTITLED AN ORDINANCE'PROVID ING FOR THE LEVYING, ASSESSING AND COLLECTING OF AD VALOREM AND OTHER TAXES FOR THE YEAR 1959 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 19591 for municipal purposes.only, an ad valorem tax of One Dollar and J1_e 4---:D Cents ( / 7z) on each One Hundred Dollars® worth of property located within the pres- ent 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 For the purpose of paying the accruing interest and to provide a sinking fund for the payment of the entire .bonded indebtedness of The 1�(, City of Beaumont 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, distinct and independent,provision and such holding shall not affect the validity of the remaining portions thereof. PASSED by the City Council this day of September, A. D. 1959. Mayor