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HomeMy WebLinkAboutORD 109 Authorizing 3% discount for 1936 Ad Valorem Taxes u u -I 89 ORDINANCE NUMBER /tJ r AN ORDINANCE ALLOWING 3% DISCOUNT. ON ALL 1936 AD VALOREM TAXES IF PAID;<BY OCIJlOBER 5, 1936; , 2% IIi' PAID BY NOVEMBER 5, 1936 DUE THE CITY OF viEST UNIVERSITY P~CE; WHEN PAID ON OR BEFORE THESE DATES; PROVIDING FURTHER THIS ORDINANCE SHALL BE EFFECTIVE AND IN FULL :WORCE UPON PAS- SAGE AND APPROVAL, AND TERMINATING NOVEMB:HR 6, 1936. BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF WEST UNIVERSITY PLACE: SECTION I. On all 1935 ad valorem taxes due the City of West University Place there Shall be allowed a discount-of 3% of the amount of such taxes shown by the > tax rolls, if paid on or before October 5, 1936, and 2% if paid on or before November 5,' 1936. After November 5, 1936 the full amount of such taxes must be paid without any discount being allowed thereon.' SECTION II. Upon 'the payment of such taxes less the discount of 3% if paid by October 5, 1936, and 2% if paid by November 5, 1936, as contained in Section I hereof, the Tax Collector is hereby di- rected to issue tax receipts therefor. SECTION III. This Ordinance sha II take effect and be in full force immediately upon passage and approval, and sha II terminate Novem- ber j 6, 1936. PAS81'D and APPROVlID this the~day Of~. 1936. 'A. D. AT~EST: ~ CIT CRETARY . MAYOR -- [ . ] j .[! .