1456 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1958CF-)Z_NArrcE No. 1456
kIi ORDINANCE FI:7J1:G THE TAX rtkTi; AND THE T!-1X LEVY AIV1:1
Lr;VY:iNG xli V!.LORi T:~S FOR TH1 CITY OF PArt.IS, TiLLi~S
FOR 'I'HL Y~a 1958, I':-ON ALL tiITHI?, 1HL
SAIll CITY OF PAttl5, 1~'s,' , IP~ CONFOt2I~iITY .iI`'H THL C~.Tr~~.
PKOVISICNU 1"iND GttUlNANCES OF 6xlil C1TY; xlvD fLEFLA:LING ALL
OttDIlVAIuCES On rAi-tTS OF O~tuI1..:1~C~S IN COPvFLICT H1~14:&aITH.
y;~HEe,1'4S, the City Council of the City of Faris, Texas has hereto-
fore a.pproved the final report of the Board of Lqualizatior heretofore
appoi .ted t,,r the City Cuuacil of the Citd- of Yc.ri Tex,- r'e-.arein said
r;oard 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 beino the sv-rri of $18,298,393.00; and,,
Tr,'riERLAS, 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 ex-
penditures for the conduct of the affairs thereof, providing a cou1plete
finaneial plan for the fiseal year beginnin.g July l, 1958, and ending
June 30, lt5+, anc1.,
WI-IL~S, the City Council has heretofore, by ord.inance adopted the
budget appropriating from ad valorem taxes the follot-iing sums, to -w'it:
General F~.ind $2890$46.54
Debt Service Fund $112,718.10
ItiOt}IP THER. d, r~$ BE IT C.WAIPd'1'D BY THL CI'1Y CGUIJCIL OF THE CI'1'Y OF
PARIS :
Section 1. That there shal.l be and is hereby levied for the year
1958 and ordered to be collected a tax of $2.50 on each and every ONE
HUitiDti!0 T)pLIAHS ($100.00) of the assessed valuation of all property of
every description supject to ta.xatiori within t'rie corporate limits of the
City of Paris, and tha said tax so levied shatl be distributed and ap-
portioned as follows:
For the payment of CUttt~i.~iT of 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 $0.011 will be for the
operation of tne Paxis Nlunicipal Ba.nd)
For paying interest anu creating a sinking fund
for Tr1A:t7iaS 3(7RT.DS, Series "G", on each and every One
liur.dred Dollars worth of property situa.ted within the cor-
poratea \ li.mits of the City of Yaris and subject to ta.xation,
a tax of $0'203
For paying interest and creating a sinking fund for
f6c,FUNuIiVG BOPJUS, 1927 issue, on each and every One Hundred
Dollars worth of property situated within the corpora.te~
limits o:f the City o'L Paris and subject to taxation, a tax $0•144
of
For paying interest and creating a sink.ing fund for
SE4M CONSTRUCTIUir ,BGNJS, Series 1934, on eacn and every
One Hundreti Dollars worth of property situated tivithin the
carporated limits of the City of Paris and subject to taxa- ~,0.02/~
tion, a ta:x of
For paying interest and creatino a sinlano- fund for
City of Paris, Texas, iEFUNllING BOItiDS, Series 1936, on each
and every One Hundred Dollaxs worth of property situated
within the corporatea limits of the City of Paris and sub-
ject to taxation, a tax of $0.169
For pa;ring interest and creating a sinking flznd for
CITY GF FIS, T~:'r;:°,S, RESURFIiCs[•?G BCiNJS, Series 1936, on
each and every One Hundred Dollars worth of property situ-
ated within the corporatea limits of the City of raris and
subject to taxation, a tax of $0.021
For paying interest and creating, a sinking fiznd for
CITY 0F Yt~~iIS, TrX~S, ABAT1CIl~ 30-1ui~~., Series 1936, on each
and every Gne Hundred Dollars worth of property situated
within the corporated limits of the City of Faris and sub-
ject to taxation, a tax of $0.007
For payi.ng interest and creatin; a sinkin~ fund for
CITY OF PARIS, TLSAS, JTiLE,,T I1Ti~UVEMaT aUNllS, Series 1937,
on each and every One Hundred Dollars worth of property
situated within the corporated limits of the City of Paris
and subject to taxation, a tax of $0.017
For paying interest and creating a sinldng fund for
CITY OF 1''AttIS, T~a, ~THELT INPAOV.uNi.ETuT BONDS, Series 1938,
on each and every One Hundred Dollars worth of property
sitaated within the corporated 1imits of the City of Paris.,
and su'pject to taxation, a tax of $0.018
For paying interest and creating a sinking fund for
CITY UF PARI::, Ti.:~, :~TFIZ-~i;GVri,:~A1T ~NllS, Series 1939,
on each and every One Hundred Dollars worth of property
situated within the corporated limits of the CitJ of Paris,
and subjec'u to taxation, a tax of ',$0.017
For paying interest and creating a sinkdng fu.nd
for CITY C'•F :°ARIS, ~AT'rR~;Ur~.KS Ct;1!~)TI:.UC'-ILICIv ;3C;ND5,
Series 1939, on each and every One Hundrea Uollars Urorth of
property situated within the cor,,orate limits of the City
of i'aris and subject to taxation, a tax of :;'p0.008
Fo.r paying interest and creating a sinking fund for
CITY OF PLtIa, TIELE on each and every One
Ht:ndred llollars worth of property situated within the cor-
porate limits of the CitJ- of Paris and subject to taxation,
a tax af $0.06$
Sewer Construction Bonds, Series 1936, for paying
the interest and creatir.; a sinkin~ fund therefor, on each
and every One Hundred Dollars wo.rth of propertf situated
within the corporate limits of the Czty of Foris and sub-
ject to tar:ation, a t-ac of :'0~ .0O4
.
'~_G , , ~
Section 2. There is also levied and ordered toAcollected
against eacn and every person, iirm o.r corporatior_ pursuing an occupation
within the corporate lindts of the City of Faris, except where levyr of
same is expressly forbidcien by general law, an occizpaticr tax and license
t?.x ecpaal to one-half of t•hat leviPd b;,- the State of Texas agair=Pt
""r~TT?.S1n n a
_n~-~ ifE•S t0 e~.Cti 2.I~YC1 @Ve1S'" OCCU i3t.lOll U,QI1
r - r,N- ~
which the Sta.te ot Texas levies a tax and fixes ala_cc:nse fee and oz11.3T to
suc7l occupation.:.
Section j. Th.e Cif,r ^1a.x Assessor and Col.lector of the CitST of
Paris is hereby directed to assess, extend and enter upon the tax rells of
t'rie City of Pari.L:i, Texas, for the current tG;:able year., the ar:iounts and
rates hereir levied and to keep a carrect account of samie, and the taxes
herein levied shall be colleeted as provided by the ordir.ances and the
Cha.rter of ttle City of Paris, Texas, and the latias of the btate of Tex..as;
ar.d when so callected, same shal.l be deposited in the ae; ository of tY:e
City of Faris to be distributed in accord.ancE with ordinance.
6ection 4. Current ad valorem taxes for the year 1958, paid on
or• rrior to lleceniaer 31, 1958 sha11 ne subject to discaunts as folloti•;s:
Three per cent if paid on or before October 31,
1958; Two percent if paici after October 31,
1958, and on or before T~overr.ber 30, 1958; One
per cent ii' paici. a£ter PJovember 30, 1958, and
on or before llecember 31, 1958•
Section 5. A11 ordinances and parts of ordinances in cor:f7_ict
here witYl are hereoy ex_pressl;;r repealed.
This ordinance shall be and reniain in ful.I force and effect from
and after its passage and approval by tt:e Citf Cotir?cil of the Citv of
Pari:.
ftead, approved and passed thi.s the 20tn day of August, A. D.,
1958.
NIayor I
:iTT~;"'iC`_~,, Y
City Clerk
ArPRCVED A;: TC rG~i:
_
ity At orne ~