89-035 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1989
ORllINANCE N0. 89-035
AN ORDINANCE FIXING THE TAX FtATE AND THE TAX LEVY, AND
LEVYING AD VALOREM TAXES FOR THE CITY OF PARIS, PARIS, TEXAS, FOR
THE YEAR 1989, UPON ALL TAXABLE PROPERT'Y WITHIN THE SAII7 CITY OF
PARIS, TEXAS, IN CONFORMITY WITH THE CHARTER PROVISIONS AND
ORDINANCES OF SAID CITY; AND REPEALING ALL ORDINANCES OR PARTS OF
ORDINANCE5 IN CONFLICT HEREWITH.
WHEREAS, the Lamar County Appraisal District as authorized
by the Laws of the State of Texas has fixed the value of all
property situated within the City of Paris, Texas subject to ad
valorem taxes for the year 1989, such total valuation being the
sum of $658,611,829.00; and,
WHEREAS, in accordance with provisions of Ordinances passed
by the City Council of the City of Paris, Paris, Texas, property
owners over the age of 65 and disabled Veterans have filed
exemptions in the sum of $38,349,020.00 making a new valuation
subject to ad valorem taxes in the sum of $620,262.809.00; and,
WHEREAS, in accordance with the provisions of the Charter of
the City of Paris, Paris, Texas, the City Manager has heretofore
submitted to the City Council a proposed budget of the revenues
of the City and the expenditures for the conduct of the affairs
thereof, providing a complete financial plan for the fiscal year
beginning October l, 1989, and ending September 30, 1990; and,
WHEREAS, the City Council has heretofore, by ordinance
adopted the budget appropriating from ad valorem taxes the
following sums, to-wit:
General Fund $2,435,540.00
Debt Service Fund 267,525.00
NOW, THEREFORE, BE IT URDAINED BY THE CITY COUNCIL OF THE
CITY OF PARIS:
Section 1. That there shall be and is hereby levied
for the year 1989 and ordered to be collected a tax of $0.4587 on
each and every ONE HUNDRED DOLLARS ($100.00) of the assessed
valuation of all property of every description subject to
taxation within the corporate limits of the City of Paris, and
that said tax so levied shall be distributed and apportioned as
follows:
For the payment of CURRENT EXPENSES
ot the City Government of the City of
Paris, on each and every One Hundred
Dollars worth of property situated
within the corporate limits of the City
of Paris and subject to taxation a tax
of (of which $0.00037 will be for the 4133
operation of the Paris Municipal Band) $0.
For paying interest and creating a
sinking fund for General Obligation Bonds,
Series "1985", on each and every One
Hundred Dollars worth ot property situated
within the corporate limits of the City of 0254
Paris and subject to taxation, a tax of $0.
For paying interest and creating a sinking
fund for Combination Tax and Solid Waste
Disposal System Revenue Certificates of
Obligation, Series 1984 on each and every
Une Hundred Dollars worth of property
situated within the corporate limits of the
City of Paris and subject to taxation, a
tax of $0.02
Total $0.4587
Section 2. There is also levied and ordered ta be collected
against each and every person, firm or corporation pursuing an
occupatioti within the corporate limits of the City of Paris,
except where levy of the same is expressly forbidden by general
law, an occupation tax and license tax equal to one-half (2) of
that levied by the State of Texas against such occupation. This
provision applies to each and every occupation upon which the
State of Texas levies a tax and fixes a license fee and only to
such occupations.
Section 3. The City Tax Assessor and Collector of the
City of Paris is hereby directed to assess, extend and enter
upon the rolls of the City of Paris, Paris, Texas, for the
current taxable year, the amount and rates herein levied and
shall be collected as provided by the ordinances and the
Charter of the City of Paris, Paris, Texas, and the laws of
the State of T'exas; and when so collected, same shall be
distributed in accordance with ordinance.
Section 4. All ordinances ancl parts of ordinances in
conflict herewith are hereby expressly repealed.
This ordinance shall be and remain in full force and
effect from and after its passage and approval by the City
Council of the City of Paris.
Passed and adopted this 22nd day of September, 1989.
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Eric 5. or , Mayor
ATTEST:
Mattie Cunningham, City C erk
APPROVED AS TO FORM:
T. K: Haynes, City Attorney