Ord 2123 10/8/1964 k .
ORDINANCE NO. 2123
AN ORDINANCE LEVYING, ASSESSING, AND FIXING THE TAX RATE FOR THE
USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF WICHITA
FALLS, TEXAS, AND PROVIDING FOR THE INTEREST AND REDEMPTION FUND
FOR THE- FISCAL YEAR 1964' - 65 AND APPORTIONING. EACH LEVY FOR THE
SPECIFIC PURPOSE AND PROVIDING FOR THE ASSESSMENT 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 1964' and fol-
lowing, to-wit:
$ .60 on each $100 .00 assessed valuation of all taxable property in
the City for the maintenance and support of the general government,
' including current' expenses and general improvements of said City and its
property known as the, General Fund...
$ : .30 on each $100.00 assessed valuation of all taxable property in
the City for the purpose, of laying out, opening and constructing, repairing
and improving the roads, bridges and streets within the limits of said City,
known as the Street Fund.
$ . .18 on each. $100 .00 assessed valuation of all taxable property in
the City for current expenses in maintaining, improving and beautifying
public parks and maintaining and improving public playgrounds, known as
the Park Fund.
$ .04 on each $100.00 assessed valuation of all taxable property for
current expenses for the purpose of establishing, providing, maintaining
and operating within said City a . public library or libraries, known as
the Library Fund.
$ .48 on each $100 .00 assessed valuation of all taxable property for
the purpose.;of paying interest and principal for the redemption of bonds
heretofore legally issued by said City, known as the Interest and Redemp-
tion Fund.
RECAPITULATION OF RATE
$1.12 for General Qperating Funds
$ 48 for Interest and Redemption Fund
Total. levy for 1964 - $1.60 for $100 .00 assessed valuation 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 occupations named in the Charter,
Ordinances and the General Laws of Texas, which shall be paid in advance,
said occupation license to be one-half (1/2) of the State license for
similar occupations.
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
5
r
2
public health, welfare and to preserve the peace, this ordinance shall take
effect immediately, and it is so. ordained.
PASSED AND APPROVED this the 8th day of October, 1_964.`
/
I /
Mayor
A T T E S T :
City Cle
i