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1681 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COPORDINANCE NO. 1681 AN ORDINANCE FIXING THE TAX RATE AND THE TAX LEVY AND LEVYING AD VALOREM TAXES FOR THE CITY OF PARIS, TEXAS FOR THE YEAR 1964a UPON ALL TAXABLE PROPERTY WITHIN THE SAID CITY OF PARIS., TEXA5, IN CONFORMITY WITH THE CHARTER PROVISIONS AND ORDINANCES OF SAID CITY; AND RE- PEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH. WHEREAS, the City Council of the City of Paris, Texaa, haa heretofore approved the final report of the Board of Equalization heretofore appointed by the City Council of the City of Paria, Texaa, wherein said Board of Equalization 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 $24, 0018 804. 00; and, WHEREA.S, 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 expen- ditures for the conduct of the affairs thereof,, providing a complete financial plan for the fiscal year beginning July l, 1964, and ending June 30, 1965; and, WHEREASy the City Council has heretofore,., by ordinance adopted the budget appropriating from ad valorem taxes the following sums., to-wit: General Fund $4763533, 04 Debt Service Fund $ 699508.00 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARI5: Section 1. That there shall be and is hereby levied for the year 1964 and ordered to be collected a tax of $2, 50 on each and every ONE HUNDRED DOLLARS ($100. 00) of the assessed valuation of all property of every de- scription 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 EXPENSE5 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. 0124 will be for the operation of the Paris Municipal Band). $2. 1818 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 taxationo a tax of $0. 1284 For paying interest and creating a sinking fund for REFUNDING BONDS:9 1927 issue, 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, 0949 For paying interest and creating a sinking fund for SEWER CONSTRUCTION BONDS, Series 19349 on each and every One Hundred Dollars worth of property situated within the corporate limits of the City of Paris and subject to taxationa a tax of $0.0187 For paying interest and creating a sinking fund for CITY OF PARIS, TEXAS, RESURFACING BONDS,i 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 $0.0137 For paying interest and creating a sinking fund for CITY OF 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 taxation9 a tax of $0. 0034 For paying interest and creating a sinking fund for CITY OF PARISt TEXAS, STREET IMPROVEMENT BONDS, Series 19379 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. 0104 For paying interest and creating a sinking fund for CITY OF PARIS, TEXAS,, STREET IMPROVEMENT BONDS, 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,y a tax. of $0. 0108 For paying interest and creating a sinking fund for City of Paris, Texas, STREET IMPROVEMENT 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 $0.01l l For paying interest and creating a sinking fund for CITY OF PARIS, TEXAS,, WATERWORKS CONSTRUCTION BONDS., Series 19399 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. 0056 For paying interest and creating a sinking fund for CITY OF PARISa 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. 0212 $2. 50 Section la. That on any delinquent taxes collected for years prior to the year 1964s during the budget year 1964-65., 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 funds. Section 2. There is also levied and ordered to be collected against each and every persons firm or corporation pursuing an occupation within the corporate limits of the City of Paris, ex.cept where levy of same is ex- presslg forbidden by general law, an occupation tax and license tax er}ual to one-half (1/2) 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. 5ectian 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 Paris9 Texas, and the laws of the State of Tex.as; and when so collected, same shallbe 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 1964, paid on or prior to December 31y 1964, shall be subject to discounts as follows: Three per cent if paid on or before October 31, 1964; Two per cent if paid after October 31, 1964, and on or before November 30, 1964; One per cent if paid after November 309 1964, and on or before December 31, 1964. Section 5. All ordinances and parts of ordinances in conflict herewith are hereby ex.pressly 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. Read, approved and passed this the 13~1i da,y of July' A. D, y 1964. Mayo r ATTEST: _ City lerk APPROVED.AS TO FORM: / ~ City ttorney.