Ord 1770 10/22/1956a
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ORDINANCE NO. 1770
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 SINKING FUND FOR THE FISCAL YEAR 1956- 1.957, AND APPOR-
TIONING 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 axable property in the City of Wichita Falls for the
year 1956 the following, to --wit:
.60 `on each 9100.00 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.
S .30 on each $100.00 assessed valuation'of all taxable
property in the city for the purpose of laying cut, opening,
and constructing, repairing and improving the roads, bridges,
and streets within the limits of said city, known as the
Street Fund.
.20 on each 9100.00 assessed valuation of all taxable
property in the city for current expenses in maintaining; im-
proving and beautifying public parks and maintaining and im-
proving public playgrounds, known as the,Park Fund.
$ .05 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.
3 .45 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 Sinking Fund.
RECAPITULATION OF RATE
.60 for
.30 for
.20 for
.05 for
.45 for
$1.60
General Fund
Street Fund
Park Fund
Library Fund
Interest and Sinking. Fund
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Section 2. There is also levied on Occupation Tax
on every person, firm or corporation pursuing any of the
occupations named in the Charter, Ordinance, and the Gen -
eral Laws of Texas, which shall be paid in advance, said
occupation license to be one -half of , the State License for
similar occupations.
Total levy for 1956 - $1.60 for $100.00 valua-
tion of all taxable property in the City.
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 im-
mediately, and it is so ordained.
PASSED AND APPROVED This, the v`�� —day of October,
A. D. 1956. `�"""
K. —C. S Mayor
Geo_ -Henderson, C� ty Clerk
Approved as to Form:
t
J.r ter Fra erg, Ci y Att rney
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