Ord 1735 10/10/1955ORDINANCE NO. 1735
AN ORDINANCE FIXING THE TAX LEVY OF THE CITY OF WICHITA FALI.,S,
TE)44,5, FOR THE YEAR 1956, AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA
FALLS:
SECTION 1. That there be assessed, levied, and collected on
all taxable property in the City of Wichita Falls for the year 1955,
the 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."
.30 on each $100.00 assessed valuation of all taxable
property in the city for the purpose of laying out, opening, and con-
structing, repairing and i.mprovi.ng the roads, bridges, and streets
within the limits of said city, known as the "Street Fund."
S .20 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."
$ .05 on each 9100.00 assessed valuation of all taxable
property for current expenses for the purpose of establishing, pro-
viding, maintaining and operating within said city, a public library
or libraries, known as the "Library Fund."
S .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, knoyrn as
the "Interest and Sinking Fund."
RECAPITULATION OF RATE
.60
for
General.Fund
.30
for
Street Fund
9 .20
for
Park Fund
.05
for
Library Fund
.45 for Interest and Sinking Fund
1.60
SECTION 2. There is also levied an Occupation Tax on
every person, firm or corporation pursuing any of the occupations
named in the Charter, Ordinance, 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.
� . p
Total levy for 1955 -- $1.60 for %100.00 valuation of all
taxable property in the City.
SECTION 3. EMERGENCY CLAUSE:
The immediate need to preserve the public interest of the
City Government creates an emergency requiring suspension of the
Charter Rule requiring Ordinances to be read at three regular
meetings, and said rule is hereby suspended, and this Ordinance
shall take effect and be in force from and after its passage,
and it is so ordained.
INTRODUCED AND PASSED by the Board of Aldermen this, the
10th day of October, 1955.
M a y o r
r;AT TE
CityC -lerk
APPROVED AS TO FORM:
City Attorney