Ord 1996 9/24/1962 w: .
ORDINANCE NO. /4,794/o
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 Ii'OR THE INTEREST AND REDEMPTION FUND FOR THE FISCAL YEAR 1962-63
AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE AND PROVIDING FOR THE
ASSESSMENT OF ALL ANNUAL OCCUPATIONAL TAXES PROVIDED BY LAW.
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 1962 AND FOLLOWING, 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.
.24 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.
.13 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.
$ .03 ON EACH $100.00 ASSESSED VALUATION OF ALL TAXABLE PROPERTY FOR CUR-
RENT EXPENSES FOR THE PURPOSE OF ESTABLISHING, PROVIDING, MAINTAINING AND OPER-
ATING WITHIN SAID CITY, A PUBLIC LIBRARY OR LIBRARIES, KNOWN AS THE LIBRARY
FUND.
.47 ON EACH $100.00 ASSESSED VALUATION OF ALL TAXABLE PROPERTY FOR THE
PURPOSE OF PAYING INTEREST AND PRINCIPAL FOR THE REDEMPTION OF BONDS HERETO-
FORE LEGALLY ISSUED BY SAID CITY, KNOWN AS THE INTEREST AND REDEMPTION FUND.
RECAPITULATION OF RATE
$1.00 FOR GENERAL OPERATING FUNDS
.47 FOR INTEREST AND REDEMPTION FUND
TOTAL LEVY FCR 1962 . $1.47 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 OF THE STATE LICENSE FOR SIMILAR OCCUPATIONS.
SECTION 3. THE IKMEDIATE 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
IMMEDIATELY, AND IT IS SO ORDAINED.
PASSED AND APPROVED THIS THE 24TH DAY OF SEPTEMBER, A, D. 1962.
d za� .:
MAYOR
ATTEST: „ ,:2-4
A. L. FITTS, CITY CLERK
APPROVED AS TO FORM
H. P. HODGE, JR., CITY ATTORNEY