1200 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COPOrdinance Nwnber
AN ORDINANCE FIXING THE T.A.X RA.'I'E AND TAX LEVY AND LEVYING AD VASAREM
TAXES FOR THE CITY OF FARIS, T-LXAS, FoR THE YEaR 1949, UPON ALL TAXABLE
PFd'JP~+',.TY WITHIN TflE SaID CITY OF PARIS, TEXAS~ IN CONFORMITY erdlTH THE
CHA,.~tTER PRIJVISIQNS AND ORDINANCES OF SAID CITY: AND REPEALING ALL ORDINANCES
OR PARTS OF ORDINANCES IN CONFLICT HER011ITH.
Whereas, the City Council of the City of Paris, Texas, has heretofore
approved the final report of the Board of Equalization heretofore a?apointed
by the City Council of the City of Paris., Teatas, wnerein 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 $15,867,088.00; and
udhereas, in accordance with the provisions of the Charter of the City
of Paris, Texas, the City Yianager has heretofore submitted to the Gity
Council, a proposed budget of the revenues of the City and the expenses de-
ducted for the affairs thereof, providing a complete financial plan for the
fiscal year beginning July 1, 1949, and ending June 30~, 1950; and
tiuhereas, the City Council has heretofore, by ordinance adopted budget
appropriating from ad valorem taxes the following su.als, to-wit:
General fund
$465,o18.16
Debt Service Fund 127,194.33
NpW., THERr,F(}RH,, BE IT ORDALNED BY THE CITY OOUNCIL OF THE CITY OF
PARIS :
Section 1. That there shall be and is hereby levied for the year
1949 and ordered to be collected a tax of $1.99 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 1'aris, and that said tax so levied shall be distributed and
apportioned as follows:
For the payment of CURRENT E-XPENSES of the City Government
of the eity 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 ~.035 wi1l be for the
operation of the Paris Tvgunicipal Band) $10155
. ,
For paying interest and creating a sinking furid for WA'I'ER-
VYpRKS BONDS, Series "Gr', on each and evex-y One Hundred Dollars of
property situated within the Corporate limits of the City of
~.23
Paris and subject to taxation, a t~ of
For paying interest and creating a sinking fund for REFUND-
ING BQNDS, 1927 issue, on each and every One Hundred Dollars worth
of property situated within the Corporate limits of the City of
~
21
Paris and subject to ta~tion, a tax of
.
For paying interest and creating a sinking fund for SEiER
t70NSTRLTCTION 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 taxation, a tax of
$4•025
For paying interest and creating a sinl:ing fund for City of
Paris~ Texas~ R.EFUNDING BONDS~ Series 1936, on each and every One
Hundred Dollars worth of property situated within the oorporate
limits of the City of Paris and subject to taxation, a tax of
.,0.19
For paying interest and creating a sinking fund for CI^1Y OF
PARIS, TEv,AS, AByTTOIR BOIdI)S., Series 1936, on each and every One
Hundred Dollars worth of property situated within the corporate
li1•nits of the City of Paris and subject to taxation, a tax of
30.005
For paying interest and creating a sinking fund for CITY OF
PaRIS0 TEY,.AS, RESURFACING BONDS, Series 1936, on each and every
One Hundred vollars worth of property situated w:ithin the corporate
limits of the Gity of Paris and subject to taxation, a tax of
$0.03
For paying interest and creating a sinking fund for CITY OF
PARISP TEXAS. STNEET ?.i,?ROVE2,;1ENT BOIMS., Series 1937, 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
$U.o15
For paying interest and creating a sinking fund for CITY OF
PARIS, TEXAS, STREE"T IbP-ROVEr:EIJT B0NDS, Series 1938, on each and
every Gne Hundred Dollars worth of propertJ situated within the
corporate limits of the City of Paris, and subject to taxation.,
a tax of
~$0•025
For paying interest and creating a sinkino fund for CITY OF
Pt.RI5., TEXr'1S, STREET IA~U'ROVELEIdT 13ONDS, 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 .10.015
For paying interest and creating a sinkina fund for CITY OF
PtiRI.S, TEXAS, .,TAT~M,v,CRKS CONSTRUCTION, BONDS., Series 1939, on each
and every One Hundred Dollars worth of property situated vaithin
the corporate limits of the City of Paris and subject to taxation~
a tax of ~10.01
For paying interest and creating a sinking fund for CITY OF
TEXAS TIIE Sez i.es 1949, orl each and everuT One
Hundred Dollars titiortYa of nroperty situ.ated within the corporate
liriits of the City of Paris and subject to taxation, a tax of 10.075
Sevrer Construction i3onds, Series 1936, for paying the
interest and creating a sinking fund therefor, on each and ever•y
One Hundred Dollars worth of property situated within the corporate
limits of the City of Paris and sl?b;ect to taxation, a tax of $0.005
$1.99
Section 2. There is also levied and ordered to be collected
against each and every person, firrn or corporation pursuing an occupation
within the corporate lilnits of the City of Paris, e;tcept where levy of
same is expressly foraidden by general law, an occupation tax and license
tax equal to orie-half (1/2) of trat levied by the State of Texas against
sucYi occupation. It is understood that this provision applies to each and
every oceupation upon which the State of Texas levies a tax and fixes a
license fee and only to such occupationso
Section 3. The City Tax Assessor and Collector of the City of ? aris
is hereby directed to assess, extend and enter upon the tax ralls of the
City of Paris, Texas, for the currerit taxa.ble 3Tear, tne araounts axid rates
herein levied and to keep a correct account of same, and the taxes herein
levied shall be collected as provided by the Charter of the City of PaxTi.s,
Texas) and the laws of the State of Texas; and when so collected, s ame shall
oe deposited in the depository of the City of Paris to be distributed in ac-
cordance with ordir.ance.
Sectian 4. Discounts for the papment of ad va].orem taxes due the City
of Paris for the year 1949, shall. be allowed upon the follovzing conditions:
(a) Three per cent (3%) discaunt on ad valoreni taxes due for the year
1949, shall be allowed if su.ch taxes are paid in the month of October, 1949.
(b) Two ner cent (2°,f) discount on ad valorem taxes d.ue for the year
1949 shall be allotived if such taxes are paid in the month of Novemberp 1949.
(c) One per cent (l;?) discount on ad valorern taxes due for the year
191+9, shall be allowed if such taxes are paid in the month of December, 1949a
Section 5, All ordinances and parts of ordirlances in conf]_ict herewith
are hereby expressly repealed.
This ordirance shall be and reraain in full force and effect from and
after its nassage and approval by the City Council of the City of Paris.
Read, approved and passed this the llth day of August,, 1949.
ATTEST:
City lerk
Rdayor