1595 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1962ORDIlVANCE NO, 1595 ,
AN ORDINANCE FDCIlVG THE TAX R.ATE AND THE TAX LEVY
AND LEVYIlVG AD VALOREM TAXES FOR THE CITY OF PAR]S,
TEXAS FOR THE YEAR 1962, UPON ALL TAXABLE PRQPERTY
WITHILV THE SAID CITY OF PARTS, TEXAS, IN CONFORMITY
WITH THE CHARTER PROVTSZONS AND ORDINANCES OF SAID
CITY; AND REPEALIlVG ALL ORDINANCES QR PARTS OF
ORDINANCES TN CONFLICT HEREWITH,
WHEREAS, the City Council of the City of Paris, Texas, has heretofore
approved the final report of the Board of Equalization heretofore appointed
b y the City Council of the City of Paris, Texas, where in said Board of
Equalization finds and fixes the value of all property situated within the City
of Pa.ris, Texas, subject to ad valorem taxes, such total valuation being the
s um of $22, 711 , 743e 00; and,
WHEREAS, in a ccordance with the provisions of the Charter of the
City of Paris, Texa.s, the City Manager ha.s heretofore submitted to the City
Cou,nci.l, a proposed budget of the revenues of the City and the expenditures
for the conduct of the affairs thereof, providing a complete financi.a.l plan
for the fiscal ysar beginning July 1, 1962, and endi.ng June 30, 190; and,
WHEREAS, the City Council has heretofore, by ordi.nance adopted the
budget appropriating from ad valorem taxes the following sums, to-wit:
General Fund $414, 189.44
Debt Service Fund 74, 113, 02
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL pF
THE CITY OF PARI,S o
S ection 1. That there shall be and is hereby levied for the year 1962
and ordered to be collected a tax of $2.50 on each and every ONE HUNDRED
DOLLARS ($100. 0 0) of the assessed valuation of all prope rty of every de-
scription subject to ta.xa.tion within the corporate limits of the City of Pa.ris,
and that said tax so levied sha.ll be dist ributed and apportioned as follows ;
For the pa,yment of CURRENT EXPENSES of the City
Government of the City of Paria, on each and every One
Hundred Dollars worth of property situated within the cor-
porate limits of the Gity of Paris and subject to taxation,
a tax of (of which $0.015 will be for the operation of the
Pa,ris Municipal Band) $2.12
For paying interest and creating a sinking fund
for WATERWORKS BONDS, Seriea 'G'; 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 $0.154
For paying interest and creating a sinking fund for
REFUNDING BONDS, 1927 issue, on each and every One
Hundre d Dollar s worth of property situated within the
corporate limits of the City of Paris and subject to
taxation, a tax of $0.115
For paying interest and creati.ng a sinking fund for
S EWER CONSTRUCTTON 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 tio n, a tax of $ 0. 017
For paying interest and creating a sinking fund for
CITY OF PARZ5, T'EXAS, .RESURFACING BCINDS, Series
1936, on each and every One Hundred Dollars wor th of
p rope r ty situated within th e corporate limits of the City
of Paris and subject to taxation, a tax of $0.016
For payi,ng interest and creating a si.nki.ng fund for
CTTY OF PARIS, TEXAS, ABATTOIR BONDS, Series 1936,
on each and every One Hundred Dollars worth of property
siLuated within the corgorate limits of the City of Pa,ri,s
and subje ct to taxation, a tax of $0.004
For paying i.nterest and creating a sinking fund for
CITY OF PARIS, TEXAS, STREET ]MPROVEMENT BONDS,
Series 1937, on each and e very One Hundred Dollars worth
of property situated within the corporate limits of the City
of Paris and subject to taxation a tax of $0.013
For paying interest and creating a ainking fund for
CITY OF PAR1,5, TEXAS, 5TREET IIvIPROVEMENT BONDS,
Series 1938, on each and every 4ne Hundred I?ollars worth
of property situated withiaz the corpora te limits of the City
o f Par a.s, and subject to ta.xation, a tax of $0. 013
For paying interest and creating a sinki.ng fund for
City of Paris, Texa.s, S TREE T IMPROVEMENT BONDS,
S eries 19 39, on each and every Qne Hundred Dollars worth
of property situated within the corporate limits of the City
of Pa.ris, and subject to ta.xation, a tax of $ 0. 013
For paying interest and creating a sinking fund for
C x'T Y OF PA R1S, TEXAS, WA TE RW ORKS C ONS TRUC TION
BONDS, Series 1939, on each and ever y One Hundred
Dollars worth of property situated within the corporate
limits of the City of Pa,ris and subject to taxatiox; a tax of $ 0. 007
For paying interest and creating a sinking fund for
CITY OF PAR]5, TEXAS, TIME WARR.ANTS, on each and
every One Hundred Dollars worth of property situated
within the corporate limits of the City of Paris and subject
to ta.xation, a tax of $0. 025
Sewer Construction Bonds, Series 1936, for paying
the i.nterest and creating a sinking fund therefor, on each
and every One Hundred Dolla.rs worth of property situated
within the corporate limi.ts of the City of Pa.ris and subject
to taxation, a tax of $0.003
$2. 50
Section la. That on any deli.nquent ta,xes collected for years prior to
the year 1962, during the budget year 1962-63, the City Clerk 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.
5 ection 2. There is also levied and ordered to be collected against
each and every person, firm or corporation pursuing an occupation within
the corporate li.mits of the City of Pa ris, 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 cf Texas against such occupation.
This provision applies to each anri every occupation upon which the Sta,te of
Texas levies a ta.x and fixes a license fee and only to such occupations.
5ection 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 ra tes here -
in levied and to keep a correct account of same, and the ta.xes herein levied
shall be collected as provided by the ordinances and the Charter of the City
of Paris, Texas, and the laws of the Sta.te of Texas; and when so collected,
same shall be deposited in the depository of the City of Pa.ris to be distri-
buted in accordance with ordinance.
Section 4. Current ad va.lorem taxes for the year 1962, paid on or
prior to December 31, 1962, ahall be subject to discounts as follows:
Three per cent i.f paid on or before October
31, 1962; Two per cent if paid after Oetober
31, 1962, and on or before November 30, 1962;
One per cent if paid after November 30, 196 2,
and on or before December 31, 1962.
S ection 5. All ordinances and parts of ordinances in conflict herewith
are hereby expressly repealed.
This ordinance shall be and remain in full force a nd e£fect from and
afte r its passage and approval by the City Council of the City of Pa.ris.
Read, approved and passed this the 9th day of July, A. D. , 1962.
Mayor
ATTEST.- ~
City Clerk
APPROVED,. AS TO FORM:
Gity Attornieye