HomeMy WebLinkAboutORD 245 Providing for Discount on Taxes Paid in Advance
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t{))RDINANCE NO. . 2.4..5
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AN ORDINANCE PROVIDING FOR DISCOUNT ON TAXES
PAID IN ADVANCE iU\J1) ON OR BEFORE SPECIFIC DATES;
AND REPEALING AIL ORDIN.A}JCESIN CONFLICT HERKNITH,
A1TD PROVIDING THAT TEIS ORDINANCE SHALL TARE
EFFECT AND BE IN FORCE IMMEDIATELY FROM lJ:JD AFTER
TEE. DATE OF ITS PASSAGE AND APPROVALi
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It appearing to the City Commission that additional funds will
be required immediately for the purpose of providing necessary funds
for current expenses of the City; and
It further appearing to the City Commission that a large amount
of ad valorem taxes will be owing and due the City for the year of
.1942, and that immediate use of a large part of such t axes may be
obtained by granting a discount o~ such taxes is paid in advance
and on or before December 3~ 1942; and
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It further appearing to the City Commission that it would be
to the best interest of the City as well as of its citizens that
such discount be allowed if paid on or before December 3, 1942,
such discount to apply during the time and in the amount as herein-
after set out.
THEREFORE, BE IT ORDAINED BY TEE CITY. CON1NIISSI011 OF THE CITY
OF WEST U1:"'IVERSITY PLACE, TEXAS:
STr'CTIODT 1.
That, on all ad valorem taxes, due the City of West University
Place, Texas, for the year 1942, there shall be and there is hereby
granted and allowed a discount of three (310) vercent on such taxes
- if paid on or before October 3,1942; two-(21oJ percent discount on
such ad valorem taxes if paid between the dates of October 3, 1942
to and including November 3, 1942; one (110) percent disoount on
such ad valorem taxes if paid between the dates of NOvember 3, 1942 to
and including December 3, 1942, and the Oity Treasurerahd the Tax
Assessor and ~ollector are hereby authorized and directed to allow
said discount and issue tax receipts for the amouht collected in the
usual manner. Said discount to apply only when such ad valorem taxes
for the year 1942 are paid in full.
SECTIO~T 11.
All ordinances or parts of ordinances in conflict herewith
insofar as they conflict are herewith repealed.-
RRCTTON ", _
This ordinance shall take effect and be in force immediately
from and after the date of its passage and approval.
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PASSED AND APPROVED this the 14th day of September,A.D.1942.
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MAYOR, City of West University ~
Place, TEXAS
ATTEST:
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