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1635 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COPORDINANCE NQ. 1635 , AN ORDINANCE FIXING THE TAX RATE AND THE TAX LEVY AND LEVYING AD VALOREM TAXES FOR THE CITY OF PARIS, TEXAS FOR THE YEAR 1963, UPQN ALL TAXASLE PROPERTY WITHIN THE SAID CITY OF PARIS, TEXAS, IN CONFORMITY WITH THE CHARTER PROVISION5 AND QRDINANCES OF SAID CITY; AND REPEALING ALL ORDINANCES OR PARTS 4F OR- DINANCES IN CONFLICT HEREWITH, WHEREAS, the Gity Council of the City of Paris, Texas, has heretofore approved the final report of the Board of Equalization heretofore appointed by the City Council of the City of Paris, Texas, wherein said Board of Equaliza- tion finds and fixes the value of all property situated within the City of Paris, Texas, subject to ad valorem taxes, such total valuation being the sum of $2319 767, 057. 20; and, WHEREAS, in accordance with the provisions of the Charter of the City of 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 July 1, 1963, and ending June 30, 1964; and, WHEREAS, the City Council has heretofore, by ordinance adopted the budget appropriating from ad valorem taxes the following sums, to-wit: General Fund $438, 421, 02 Debt Service Fund 72, 570. 70 NOW, THEREFORE, BE IT ORDAINED BY THE CITY CCIUNCIL OF THE CITY OF PARIS: Section 1. That there shall be and is hereby levied for the year 1963 and ordered to be collected a tax of $Z. 50 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 of the City Government of the City of Paris, on each and every One Hundred Dollars worth of property situated within the cor- porate limits of the City of Paris and subject to taxation, a tax of (of which $0. 015 will be for the operation of the Paris Municipal Band). $2. 145 For paying interest and creating a sinking fund for WATERWORKS BONDS, Series "G"; on each and every One Hundred Dollars worth of property situated within the cor- porate limits of the City of Paris and subject to taxation, a tax of $0,14210 For paying interest and creating a sinking fund for REFUNDING BONDS, 1927 issue, on each and every One Flundred Dollars worth of property situated within the cor- porate limits of the City of Paris and subject to taxation, a tax of $0, 10563 For paying interest and creating a sinking fund for SEW ER CONSTRUCTION BONDS, Series 1934, on each and every One Hundred Dollars worth of property situated within the corporate limits of the City of Paris and subject to taxa- tion, a tax of $0, 02074 For paying interest and creating a sinking fund for CI'PY OF PARIS, TEXAS, RESURFACING BONDS, Series 1936, on each and every Ore Hundred Dollars worth of pro- perty situated within the corporate limits of the City of Paris and subject to taxation, a tax of $0, 01506 For paying interest and creating a sinking fund for CITY QF PARIS, TEXAS, ABATTOIR BONDS, Series 1936, 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 $0, 00376 For paying interest and creating a sinking fund for CITY QF PARIS, TE_ ~-AS, STREET IMPRQVEMENT BONDS, Series 1937) on each and every One Hundred Dollars worth of property situatedvAatliin the corporate limits of the City of Paris and subject to taxation, a tax of $0.01154 For paying interest and creating a sinking fund for CITY OF PARIS, TEXAS, STREET IMPROVEMENT SONDS, Series 1938, 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 $0.01193 For paying interest and creating a sinking fund for City of Paris, Texas, STRE?i:T IMPROVEMENT B4NDS, Series 1939, 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 $0, 01220 For paying interest and creating a sinking fund for CITY OF HARIS, TEXAS, WATERWQRKS CONSTRUCTION BONDS, Series 1939, 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 $0.00610 For paying interest and creating a sinking fund for GITY OF PARI5, TEXAS, TIME WARRANTS, 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 $0, 02340 Sewer Construction Bonds, Series 1936, for paying the interest and creating a sinking fund therefor, on each and eveiy One Hundred Dollars worth of property situated within the corporate limits of the City of Paris and subject to taxation, a tax of $0, 00254 $2. 50 Section la. That on any delinquent taxes collected for years prior to the year 1963, during the budget year 1963-64, the Director of Finance is hereby authorized and directed to apportion the debt service collections on the basis of the above and foregoing distribution for the respective debt service fundso Section 2e There is also levied and ordered to be collected against each and every person, firm or corporation pursuing an occupation within the corporate limits of the City of Paris, except where levy of same is expressly forbidden by general law, an occupation tax and license tax equal to one-half (1/2) of that levied by the State of Texas against such occupation. This pro- vision applies to each and every occupation upon which the State of Texas levies a tax and fixes a license fee and or.ly 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 tax rolls of the City of Paris, Texas, for the current taxable year, the amounts and rates herein levied and to keep a correct account of same, and the taxes herein levied shall be collected as provided by the ordinances and the Charter of the City of Paris, Texas, and the laws of the State of Texas; and when so collected, same shall be deposited in the depository of the City of Paris to be distri- buted in accordance with ordinance. Section 4. Current ad valorem taxes for the year 1963, paid on or prior to December 31, 1963, shall be subject to discounts as follows: Three per cent if paid on or before October 31, 1963; Two per cent if paid after October 31, 1963, and on or before November 30, 1963; One per cent if paid after November 30, 1963, and on or before December 31, 1963. Section 5o All ordinances and parts of ordinances in conflict herewith are hereby expressly repealedo 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. Read, approved and passed this the 8th day of July, A. D. , 1963, Mayor pro Tem / ATTEST: City C erk ft APPR . VED AS TO FORM: 10 ity tto r n ey.