Ord 1698 10/11/1954ORDINANCE NO. 16'79
AN ORDINANCE LEVYING, ASSESSINCT AND FIXING THE
TAX RATE FOR THE USE AND SUPPORT OF THE i.IIJNICIPAL
GOVERNIVIENT OF THE CITY OF WICHITA FALLS, TEXAS, AND
PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE
FISCAL YEAR 1954 -55, AND .APPORTIONING EACH LEVY FOR
THE SPECIFIC PURPOSE AND PROVIDING FOR THE ASSESS -
MENT OF ALL ANW.A.L OCCUPATIONAL TAXES PROVIDED BY
LAI41.
BE IT ORDAINED BY THE BOARD OF A.LDERMEN 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
1955, the following, to -wit:
`x,.60 on each 1100.00 assessed valuation of all to -kable
property in the city for'the maintenance and support of
the General Government, including current expenses and
general. 'Improvement' of said city and its property known
as the General Fund.
.30 on' each 11000.00 assessed valuation of all taxable
property in the city for the purpose of laying out. open -
ing, and constructing, repairing and improving the roads,
bridges, and streets within the limitsof said city, known
as the Street Fund.
1.20 on each 3100.00 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 1100.00 assessed valuation of all taxable
property for current expenses for the purpose of establishing,
D roviding, maintaining, and operating within said city, a
public library or libraries, known as the Library Fund.
a.45 on each ;>100.00 assessed valuation of all tamable
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.
60
z 20
.$'05
S . 45
Ea 1.60
RE
for
J. or
for
f or
for
CAPITULATION OF RATE
General Fund
Street Fund
Park Fund
Library Fund
Interest and Sinking Fund
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.
'Total levy for 1955 - 11.60 for 1100-00
valuation
of all taxable property in the city.
SECTION 3. The immediate need to con-tinue the normal
operation8 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 R
is so ordained.
PASSED AND PPPRCVED This, the day
of October,
D. 1954.
LUDYI) C. THCUQ
Mayo rr
ATTS
"re
o. T. Henderson City Clerk
AFMCUED, AS TO FCRM:
J. Wilt :r Fri berg City Attorney