Ord 2537 10/7/1969 ORDINANCE NO. .EY- 257
AN ORDINANCE LEVYING, ASSESSING AND FIXING THE TAX
RATE FOR THE USE AND SUPPORT OF THE MUNICIPAL GOV-
ERNMENT OF THE CITY OF WICHITA FALLS, TEXAS, AND
PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE
FISCAL YEAR 1969-1970 AND APPORTIONING EACH LEVY
FOR THE SPECIFIC PURPOSE AND PROVIDING FOR THE AS-
SESSMENT OF ALL ANNUAL OCCUPATION TAXES PROVIDED
BY LAW, AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF
WICHITA FALLS, TEXAS :
SECTION 1. That there be assessed, levied and collected
on all taxable property in the City of Wichita Falls for the
year 1969 and following, to-wit:
$ . 55 on each $100.00 assessed valuation of all taxable
property in the City for the purpose of paying the general
governmental operating expenses of the City and for general
improvements of said City and its property.
$ . 30 on each $100.00 assessed valuation of all taxable
property in the City for the purpose of laying out, opening,
constructing, repairing and improving the roads, bridges and
streets within the limits of said City.
$ .20 on each $100.00 assessed valuation of all taxable
property in the City for the purpose of maintaining, improving
and beautifying public parks and cemeteries and maintaining
and improving public playgrounds.
$ .05 on each $100.00 assessed valuation of all taxable
property for the purpose of establishing, providing, maintain-
ing and operating within said City a public library or libraries.
$ .82 on each $100.00 assessed valuation of all taxable
property for the purpose of paying interest and principal for
the redemption of bonds legally issued by said City.
RECAPITULATION OF RATE
$1. 10 for General Fund
$ .82 for Interest and Sinking Fund
Total levy for 1969 - $1.92 for $100.00 assessed valua-
tion of all taxable property in the City.
SECTION 2. There is also levied an occupation tax on
every person, firm or corporation pursuing any of the occupa-
tions named in the charter, ordinances and the general laws
of Texas as being subject to such a tax by cities, which shall
be paid in advance; said occupation tax shall be one-half (1/2)
of the state tax for similar occupations.
- 2 -
SECTION 3. The immediate need to continue the normal
operations of the business of the City creates an emergency
and in order to protect the public health, welfare and to
preserve the peace, this ordinance shall take effect immedi-
ately, and it is so ordained.
PASSED AND APPROVED this the 7th day of October, 1969.
rh7.4414.714""L'
MAYOR
ATTEST:�114V
CITY CLERK