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ORD CC 08/03/65 - Levying TaxesAl; ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND SUBJECT TO TAXATION IN THE CITY OF HUNTSVILLE, TEXAS, AND DECLARING AN EMERGENCY. BE IT ORDAINED EY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE IN COUNCIL ASSEMBLED: SECTION ONE: That there is hereby levied, for the current year on all real property situated and all personal property owned within the limits of said City of Huntsville, Texas, on the first day of January, 194,1, except so much as may be exempt under the Constitution and laws of this State of the United States, the following taxes: 1 "l( (1) An ad valorem, tax of and at the rate of /,4 c- (/ `' ` on the One Hundred ($102") Dollars cash value thereof, estimated in lawful currency of the United States for the current expenses for the support end maintenance of the City Government of said City of Euntsville, Texas. (2) An ad valorem tax of and at the rate of '^ r, on the One Hundred DollIr (4,100) cash value thereof, estimated in lawful currency of the United States, to pey current interest on end provide one year's sinking fund and to pay all cf the principal ,end interest accruing on all outstanding tonds,prving bnrdr, funding warrants, improvement bonds, a.,nd warrants, and eny and all other bonds and warrants outstanding heretofore lawfully issued by the City of Huntsville, Texas, and which are now levied outstanding obligations of the said City of Huntsville, Texas. (3) An occupation tax on all persons, firms and corporations doing business within the City of Huntsville, Texas, equal to one - half of that provided by law for occupation tax due and payable to the State of Texas, and including all amendments of Article. 4047 of the Revised Statutes of 1925, and ether amendments thereto. SEC TiCT. TWC : The above ^- e .._ foregoing ordinance steal_ take affect and be in full force from en:' after its passage and approval. The foregoing; ordinance wrs referred to the Finance Ccmmittee in open Council at the regular meeting of the City of HuEltsville Council held on the 6 day cf 0�_�-' , 19 6d. 727 Mayor ✓f>f City opf/H tsville, Texas. { We, the Finance Committee, to whom: the above and foregoing Ordinance was referred have duly considered the same, recommend th?t the scud foregoing ordinance levying ta::es for the year 1.L; be adopted. r r`.dopted_and approved in open Council this the s day of 19 E r� A T J 1 2X dt `., City S_Cretery