1482 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COPORDINANCE N0. 1482
AN ORDINANCE FIXING THE TAX RATE AND T!-iE TAX LEVY AiiD
LEVYING AD VALOREM TAXES FGR THE CITY OF PARIS, TFXAS
FOR THE YEAR 1959,, UPqV ALL TAXABLE PRGPERTY WITHIN TI-iE
SAID CITY OF PARIS, TIXAS, IN CONFORMITY WITH THE CHARTER
PROVISIOrIS AND ORDTNANCES UF SAID CITY; AND REPEALING ALL
ORDINANCES OR PARTS OF ORDINANCES IN COPIFLICT HEREWITH.
WHEtZEAS, the City Council of the City of Parisp 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
Equalization finds and fixes the value of all property situated within the
City af Faris, Texas, subject to ad valorern taxes, such total valuation
being the sum of $209038,080.00; and,
WHEREAS, in accordance with the provisions of the Char-ter of the
City of Pariss Texas, the City Manager has heretofore submitted to the City
Councilp a proposed budget of the revenues of the City and the expenditures
for the conduct of the affairs thereof, providing a complete financial plan
for the fiscal year beginning July l, 19599 and ending June 30, ~95$,and,
/y, o a
WHEREAS, the City Council has heretofore, by ordinance adopted the
budget appropriating from ad valorem taxes the following sumsp to-wit:
General Fund $3149497.67
Debt Service Fund 1169321.05
NOW, TI-P-REFORE, BE IT ORDAINED BY THE CITY COiJP1CIL OF THE CITY OF
PARIS:
Section 1. That there shall be and is hereby levied for the year
1959 and ordered to be collected a tax of $2.50 on each and every ONE HUND.RED
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
Parist and that said tax so levied shall be distributed and apportioned as
followss
For the payment of CURRE;VT EXPFrvSES 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 $0.015 will be for the
operation of the Paris Municipal Band) $1.825
For paying interest and creating a sinking fund
for WATERWORK5 BONDS, Series "G", on each and every Une
liundred Doll,ars worth of property situated within the
corporate limits of the City of Paris and subject to
taxation, a tax of $0.194
For paying interest and creating a sinking fund
for REFUIdDING BOtdDS, 1927 issue, on each and every One
Hundred Dollars worth of property situated within the
corporate limits of the City of Paris and subject to
taxations a tax of $0.141
For paying interest and creating a sinking fund
for SEfiER CGNSTRUCTION BONDSp Series 19349 on each and
every Gne Hundred Dollars worth of property situated
within the corporate limits of the City of Paris and
subject to taxation, a tax of $0o022
For paying interest and creating a sinking fund
for City of Parist Texas, REFUIIDING BONDS, Series 1936,
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 $0.168 _
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, RESURFACING BONDS, Series 1936,
on eacn and every One Hundred Dollars worth of property
situated within the corporate ].imits of the City of Paris
and subject to taxation, a tax of $0.020
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, ABATTOIR BONDS, 5eries 1936, on
each and every Cne Hundred Dollars wor th of property
situated within the corporate ],imits of the City of Paris
and subject to taxation, a tax of $0.005
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, STREET IMPROVEN!ENT BONDS,
Series 1937, on eacn and every One Hundred Dollars worth
of property situated within the eorporate limi.ts of the
City of Paris and subject to taxationg a tax of $0.016 For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, STREET IMPRGVEMENT BOND6,
Series 19389 on each and every Gne Hundred Dollars worth
of property situated within the corporate limits of the
City of Paris, and subject to taxation, a tax of $0.016
For paying interest and creating a sinking fund for
CITY OF PARIS, TFXASO STREET IMPROVEMENT BONDS, Series 1939,
on each and every One Hundred Dollars worth of property
situated within the corporate limits of the City of Parist
and subject to taxation, a tax of $0.016 .
For.paying intexest and creating a sinking fund
for CITY OF PARIS, TEXAS9 WATERWURKS CGNSTRUCTICIJ BOIVDS,
Series 19399 on each and every Cne Hundred Dollars worth
of property situated within the corporate limits of the
City of Paris and subject to taxationt a tax of $0.008
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS3, 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
taxations a tax of $0.065.
5ewer Construction Bonds, Series 19369 for paying
the interest and creating a sinking fund thereforg on each
and every Gne Hundred Dollars worth of property situated
within the corporats limits of the City of Paris and
subject to taxation, a tax of ~~,,..004
2 50
Section 2, There is also levied and ordered to be collected against
each and every persont firm or corporation pursuing an occupation within the
corporate limits of the City of Paris, except where levy of same is expressly
forbidden by general law, an occupation tax and license tax equal to one-half
(1/2) of that levied by the State of Texas against such occupation. This pro-
vision applies to each and cvery occupation upon which the State of Texas
levies a tax and fixes a license fee and only to such occupations.
Section 3. The City Tax Assessor and Collector of the City of Paris
is hereby directed to assess, extend and enter upon the tax xolls of the City
of Paris, Texas, for the current taxable year, the amounts and rates herein
levied and to keep a correct account of same, and the taxes herein levied
shall be collected as provided by the ordinances and the Charter of the City
of Paris$ 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 19599 paid on or
prior to December 319 1959, shall be subject to discounts as follows:
Three per cent if paid on or before October
319 1959; Two per cent if paid after Gctober
319 1959, and on or before November 30# 1959;
Gne per cent if paid after November 30# 1959s
and on or before December 31p 1959.
Section 5. All ordinances and parts of ordinances in conflict
herewith are hereby expressl.y 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 13th day of Jul,ys A. D.9 1959.
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Mayor
ATTESTs
City Clerk
1
AP~WVED AS TO FGYM:,
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City Attor ey.