1226-A ORD FIXING TAX RATE ND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1950\,JPI
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TxX ORDINANCE NO o 12~_ -
A1L QRDINANCE FIXING TEiE Ttik RATE AND TAX LEVY AND LEVYING AD VAIAREM
TAXES M THE CI2'Y 0 F PARI S., TEXAS ~ FOR THE YEE1R 1950., UPON ALL TAXABIE
PRAPERTY TJiIITHIN THE SAID CITY 4F PARIS, TE%AS, IN CONFORIuaTY iiJITH THE CHARTER
PFdOVISIONS AND ORDINANCES OF SAID CITY: AND REPEALING ALL ORDIJ1:ANICES OR PARTS
OF QRDINAIUES IN ODh'FLICT HEftEGVITH.
'Rhereas~ the City 6ouncil of the City of Paris, Texas, has heretofore
approved the final report of the Bosrd of Equalization heretofore appointed by
the City Council of the City of Parisj Texas,) wherein said Board of Equaliza-
tion finds axid fims the value of all property situated xithin the City of Parisp
Texaso subject to ad valorem taxes, such total valuation being the sum of
$15045,737•003 and
'Shereas., i.n accordance with the provisi.ons of the Charter of the Ci.ty of
Paris., Texas, the Citq Mariager has heretofore sulaim.tted to ths City Council, a
proposed budget of the revenues of the City and the Expenses deducted for the
affairs thereof, praviding a complete financial plan for the fiscal year be-
ginning July l., 1950, and ending June 30., 1951; and
Nhereas., the City Council has heretofore, by ordinance adopted budget
appropriating from ad valorem taxss the following sums, to-wit:
Gene ral Fund $158,368000
Debt service Fund 112,177.33
NpW., 2'HEREr'pRE., BE IT ORDAIIdID BY THE CITY COUNCIL OF THE CITY OF PARIS :
Section l. That there sha11 be and is hereby levied for the year 1950
and ordered to be collected a tax oP $2.05 on each and every ONE HUND&.ED DOLLARS
($1o0.00) of the assessed valuation of all propert9 of every description subject
to taxation within the carporate limits of the City of Paris., and that said tax
so levied shall be distributed arxi apport5.oned as follows:
For the payment of CURN.M EXPE14SES of the City Governmerit
of the City of Paris., on each and every One Hurxired Dollata worth
of Propert3' situated within the corporate limi.ts of the eity of
Paria and subject to taxation, a tax of (of 4i.ich $ .03 will be ~1•~
for the operation of the Paris b~ur~ici.Aa7- Band)
Fo r p$y ing inte res t and cr eati ng a si nki ng fund f or 4VATERVJORKS
HONDS, Series "G'I., on each and every One Hurxlred Dollars worth of
property situated within the Corporate limits of the City of Paris ~•2~
and subject to taxation~ a tax of
For paying interest and creating asinking fund for REFUNDING
BONIDS, 1927 issue, on each and every One Hundred Dollars worth of
property situated within the Gorporate limits of the City of Paris and
sub3 ec t to taxation, a tax of
$0.175
For payi.ng interest and creat,ing a sinking fund for SE'rdEfZ
CCINSTRUCTION BDNAS., series 1934, on each and every One Hundred
Dollars worth of pxbperty situated within tr.e Corporate limits of
the City of Paris and sub3ect to taxation, a tax of
$0.0275
For paying interest and creating a sinking fund for City of
, Series 1936, on each and every One
, REFUNDING BONDS
Parisj, Texas
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Hundred Dollars warth of property situated within the corporate
limits of the City of Paris and subject to taxation, a tax of
$0,185
For paying interest and creating a sinking fund for CITY OF
PARiS, TE1CAS, tiBATTOIft BOR?DS,, Series 1936, on each and every One
Hundred Dollars worth of property situated within the eorpo rate
limits 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, NESUI?FACING BONAS., Series 1936, on each and every
One Hundred Dollars worth of property situated within the oorporate
l;mits of the City of Paris and subject to taxation, a tax of
$0.0285
For paying interest and creating a sinking fund for CITY OF
P1aRIS, TEXAS, STREBT IMOVZMT BOM')S, Series 1937, on each and
every One Hundred Dollars worth of property situated writhin the
corporate ].imits of the City of Paris and subject to taxation, a
tax of
$0'015
For paying interest and creating a sinking fund for CITY OF
PAriIS, TEXAS., STREET IM'ROVE`a+~~'NT BC1NDS., Series 193$, on each and
every One Hundred Dollars worth of property situated within the
corporate limits of the City of Paris,, and subject to taxationo
a tax of 00.028
For paying interest and creating a sinking fund for CIT`i OF
pARIS., TEXAS, S2'REET IMPR,(77V EMENT f3U IdDS 5er ie s 1939, on ea ch 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 •02 5
For paying interest and creating a sinking fund for CITY OF
PAII?,IS, TEtAS, WA-rIIRWORKS OONSTRUCTION BONDSp Series 1939, on each
and every One Hundred Dollars wrorth of property situated wittxin
the corporate limits of the City of Paris and subject to taxationp $0•01
a tax of
For paying interest and creating a sjnking f"und for CITY OF
PAR15, TEXAs TIME wvxRNANTS, 5eries 1949, on each and 6very One
Hundred llollars worth of property situated witYti.n the corporate
limits of the (:ity of Paris and subject to taxation, a tax of v .09
Sewer Construction Bonds, aeries 1936, for paying the
interest and creating a sinkirag fund therefor, on each and every
One Hundred llollars vorth of property situated within the corporate
limits of the Vity of Paris and subject to taxation., a tax of 30pa5
U 5
Section 2. There is also levied and ordered to be collected against
each and every person, firm or corporation pursuing an occupation within the
corporate limits of the City of Parisp except whe.re levy of same is exactly
forbidcien by general law, an occupation tax and license tax equal to one-half
(1/2) of that levied by the Otate of Texas against such occupation. It is
understood that this pravision applies to each and every occupation upon
which the State of Texag levies a tax and fixes a license fee and only to
such occupations.
Secti.on 3. 't'he City Tax Assessor and Gollector of the City of Paris
is hereby directed to assess., extend and enter upon the tax ralls of the
City of Paris., Texas, for the current taxable year,$ the anwunts and rates
herein levied and to keep a correct account of sameJ* and the ta;)es herein
levied shall be collected as provided by the Charter of the City of Paris
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Texas, and the laws of the 6tate of Te:~as; and when so collected, same shall
be deposited in the depository of the City of Paris to be distributed in
accordance with ordinance.
Section 4. Discounts for the payment of ad valorem taxes due the City
of Paris for the year 1950., shall be allowed upon the following conditions:
(a) Three per oent (3%) discount on ad valorem taxes due for the year
1950, shall be allowed if such taxes are paid in the month of Octoberj, 1950.
(b) Two per cent (2%) discount on ad valorem taxes due for the year
1950 shall be allomd if such taxes are paid in the morrth of November., 1950.
(c) One per cerit (l%) discount on ad valorem taxes due for the year
1950., 3ha7-1 be allowed if such taxes are paid in the mDtzth of December., 1950.
section 5. a71 ordinances and parts of ordinances in conflict herewith
are hereby expressly repealed.
This ordinance shall be and reruain in fu11 force and effect from and
after its passage and approval by the City Council of the City of Paris.
AM~
Read, approved and passed this the 10th day of Julyp 1950.
ATTEST:- `j..-Z.t_( X, ~ ~A
M. F. SHELTON . w. PARCHIFAN
CITY CLERK MA)DR