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Ord 1314 10/28/1940 No date used Ord 1313 date 00 lst. Reading & This day of SIOTEuM 19&q. 2nd* Reading —1 - - _jhi s day of 1940. 3rd# Reading & This day of 1940. /g/Z/ ORDINANCE NO. tZ.�( AN ORDINANCE LEVYING, ASSESSING$ AND FIXING TETE RATE OF TAXATION IN THE CITY OF WICHITA FALLS9 TEXAS, rOR TU YEAR A. D. 1940s An LLPTfING AN OCCUPATION TAX ON ALL OCCUPATIONS TAXkBLE UNDER THE LAM OF THE STATE OF TEXAS AND THE CHARTER AND ORDIMCES OF SAID CITY* BE IT ORDAINED By THE BOARD OF ALEMM OF TBE CITY OF WICHITA FALIS, TEXIS: SECTION 1., There shall be leviedw assessed$ and collected for the year A. D. 1940 an ad valorem tax of sixty (600) cents on each $100*00 of the assessed value of all property within the limits of the City of Mchita Falls$ Texast subject to taxation under the charter of the City Of Wichita Falls, Texas, for the Purpose of paying the current expenses and constructing improvements in and for said City* Said tax to be leviedg assessed$ collected and deposited into what is known as the General Fando SECTION 21 There shall be levied, assessed and collected for the year A. D. 1940 an ad valorem tax of fifteen (15V) cents bn each #100,00 of the assessed value of all Property within the limits of the City of Wichita Falls$ Texas, subject to taxation under the Charter of said City for the purpose. of laying out, openingg constructing, repairing and improving the roads, bridges and streets within the limits of said city, and fbr the further purpose of paying the interest and Principal of funding %arrants heretofore legally issued against the Street Fand, Said tax to be leviedo assesseds collected and deposited in what. is known as the Street Fund, SECTION 3. There shall be levied, assessed and collected for the year A. D. 1940 an ad valorem tax of twelve (129r) cents on each $100000 of the assessed value of all property within the limits of said City subject to taxation under the Charter of said City for the purpose of maintainings improv- ing, and beautifying the public parkol, Playgrounds and cemeteries of said Cityt and for the farther Purpose of paying the interest and principal of the funding warrants heretofore legally issued against the Park Fand. Said tax to be levied, assessed* collected and deposited in what is known as the Park Fando SECTION 4*_ There shall be levied* assessed and collected for the year A. Do 1940 an ad valorem tax of three (3�) cents on each $100.00 of the assessed value of a" property within the limits of said City subject to taxation under the Charter of said City for the purpose of maintaining, improvingg and operating the public library in and for said City, Said tax to be levied, assesses# collected and deposited in what is known as the Library Fund, SECTION 5* There shall be leviedg assessed and collected for the year A. Do 1940 an ad valorem tax of fifty (50�) cents on each $100000 of the assessed value of all property within the limits of said City subject to taxation under the Charter of said City for the Purpose ofpaying interest on and creating a Sinking Fund for redemption thereof of the hereinafter described bonds which have been heretofore legally issued for the Purposa hereinafter set forth. $30185,000.00 - The City of Wichita Falls, Texas, Consolidated Refunding Bonds, 4-�%, dated Tune 1. 19369 maturing Tune 1. 1969* SECTION 6& There shall be levied,, assessed and collected from every person, firm, corporation, company or association of persons, following or pursuing any occupation taxable under the laws of the State of Texas and the Charter and ordinances of the City of 'Wichita Falls, one half of the amount payable to the State under the laws of the State of Texas, for following or pursuing said occupation* Any person, firm, corporation$ or association of persons, who shall follow or pursue any occupation, calling or profession, or do any act taxable under the provisions of the State Laws, or who shall repre- sent as agent, any person, firm, corporation, company or association of persons, following any occupation so taxed* without having paid the tax required by law, shall upon conviction in the Corporation Court or any court having Jurisdiction hereof be fined in any sum not less than the tax due nor more than double said amountg and any one prosecuted for the violation of said law shall have the right to have his case dismissed upon the payment of the tax and the accrued costs* PASSED AND APPROVED this day of A. Do 1940* WY-OR ATTEST: CITY CLERK