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0158-2 ORDINANCE NO. 158-2 AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF SOUTHLAKE, TEXAS, FOR THE YEAR 1969; PROVIDING FOR THE TIME AND MANNER OF PAYING THE AD VALOREM TAXES LEVIED: AND PROVIDING FOR A PENALTY IF SAID TAXES ARE PAID AFTER BECOMING DELINQUENT. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: SECTION 1. That there is hereby levied and there shall be collected 'for the use and support of the municipal government of the City of Southlake, Texas, for the year Nineteen Hundred and Sixty Nine (1969) upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of thirty-five cents (35¢) on each one hundred dollars ($100) valuation of property, said tax being so levied and apportioned to the specific purposes herein set forth in Exhibit "A" attached hereto and made a part hereof, for the maintenance and support of the general government and for the operation of the City Government to be placed in the General Fund, 100% of the total amount received, being 35¢ on each one hundred dollars ($100) valuation of property. SECTION 2. All monies collected under this ordinance for the specific items set out in Exhibit "A" be and the same are hereby appropriated and set apart for the specific purpose indicated in each item and that the collector of Taxes, the City Treasurer and the Finance officer shall keep these accounts so as to readily and distinctly show the amount collected, the amounts expended and the amount on hand at any time belonging to such funds, it is hereby made the duty of the Tax Collector and every such person collecting money for the City of Southlake to deliver to the Fiance officer and the City Treasurer at the time of depositing any monies, a statement showing to what fund such deposit should be made and from what source received. All receipts for the City not specifically apportioned by this Ordinance are hereby payable to the General Fund of the City. SECTION 3. A. If said taxes are paid one-half (1/2)on or before November 30, 1969, then the taxpayer shall have until and including the 30th day of the succeeding June within which to pay the other one-half (1/2) of said taxes without penalty or interest. B. If said taxpayer, after paying said one-half (1/2) of his taxes on or before November 30, 1969, shall fail or refuse to pay, on or before June 30th next succeeding said November, the other one-half (1/2) of said taxes, a penalty of 8% of the amount of said unpaid taxes shall accrue thereon. C. If any taxpayer fails to pay one-half (1/2) of the said taxes, on or before the 30th day of November of the year for which the assessment is made, then unless he pays all of such taxes on or before the 31st day of the succeeding January, the following penalty shall be payable thereon, to-wit: During the month of February, one percent (1%); During the month of March, two percent (2%); During the month of April, three percent (3%); During the month of May, four percent (4%); During the month of June, five percent (5%); and on and after the first day of July, eight percent (8%). D. As provided above, in the event such taxes become delinquent, the same shall bear interest at the rate of 6% per annum from the date of their deiinquency. SECTION 4. The taxes herein levied shall be a first and prior lien against the property upon which they are assessed and the said first lien shall be superior and prior to all other liens, charges, and encumbrances, and this lien shall attach to personal property to the same extent and with the same priorities as to real estate. SECTION 5. The liens provided herein shall attach as of Jaunary 1,1969. SECTION 6. Should any part of this ordinance be declared invalid, for any reason, that invalidity shall not effect the remainder of this ordinance, which remainder shall continue in full force and effect. PASSED AND APPROVED this the _~.~ day of ~~/ A.D. 1969. Mayor ATTEST: City Secretary