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HomeMy WebLinkAboutORD 87 Providing for the Penalty Rate of Advalorem Taxes 7 o ORDINANCE NUMBER~. AN _ORDINANCE PROVIDING FOR THE PENALTY RATE ON ALL 1933 ADVALOREIVI TAXES DUE THE CITY OF wEST UNIVERSITY PLACE, TEXAS; PROVIDING DATE OF INCREASE IN PENALTIES AND SETTING THE DATE OF MAY 3rd, 1934 BEFORE THE FULL 10% WILL BE IN EFFECT;; PROVIDING THAT THIS ORD- rNANCE SHALL TAKE EFFECT AND BE IN FULL FORCE IMMEDIATELY AFTER ITS PASSAGE Al\!D ApPROVAL; AND DE CLAR IN G AN EMERGEN GY. BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF WEST UNIVERSITY PLACE: SECTION I. On and after January 31st, 1934 the penalty on 1933 Delinquent taxes shall be 3% of the amount of taxes due, if paid on or before April 3rd, 1934. And 6% penalty on D amount of taxes due if paid between April 4th and May 3rd, 1934. On and after May 4th, 1934 the usual 10% penalty on the amount of taxes due shall be in effect. SECTION II. Upon the payment of such taxes plus the penalties as contained in Section I hereof, the Tax Collector is directed to issue tax receipt therefor. SECTION III. This ordinance shall take effect and be in force innnediately after the date of its passage and approval. PASSED and APPROVED this / Y day of February, A. D. 1934. o ATTEST: o/~ ~-f~) 8' or (< ') . >~ ... .':t'~;i\ o o '"; o