HomeMy WebLinkAbout154 09-16-1961ORDINANCE NO. 154
AN ORDINANCE LEVYING A TAX ON PROPERTY IN THE CITY OF
EULESS, TEXAS, FOR THE YEAR OF 1961, PROVIDING PENALTIES,
INTEREST AND LEGAL RDIEDIES FOR THE COLLECTING THEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF EULESS, TEXAS:
SECTION I,
That a tax is hereby levied upon all taxable property in the City
of Euless, Texas, for the year of 1961, at the rate of seventy cents (70Q)
per One Hundred Dollar ($100.00) valuation.
SECTION II.
That twenty -five per cent (25 %) of the 70� tax on each $100.00
valuation hereby levied shall be used for the following purposes:
(a) To the extent of $20,100.53, the tax levied upon
this section is for the purpose of paying interest
and to maintain a sinking fund upon the indebtedness
of the City of Euless.
(b) To the extent of all taxes collected under the=
provisions of this section in excessof $20,100.53
the tax levied by this section is for the purpose
of paying current general expenses of the City
and for making permanent improvements therein.
SECTION III.
That seventy -five per cent (75 %) of the 70, tax on each $100.00
valuation hereby levied shall be used for the purpose of paying current
expenses of the City of Euless, Texas, and for making permanent improve-
ments therein.
SECTION IV.
The penalties and interest accruing to the State of Texas and
authorized by the ordinance of the City of Euless, Texas, upon
delinquent taxes are hereby adopted and shall accrue to the City of
Euless when City taxes become delinquent. The City of Euless is hereby
authorized to adopt any and all legal remedies provided by the Revised
Civil Statutes of Texas and its ordinances for the purpose of collect-
ing delinquent taxes.
PASSED AND APPROVED this 16th day of September, 1961.
APPROVED:
S/g J.S. Anderson
MAYOR
ATTEST:
S/g W.E. Flippo
City Secretary
SEAL: