Ord 1988-066 - Laserfiche WebLink

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-2- SECTION 4. That there is hereby levied and there shall be collected from every person, firm, association or corporation pursuing any occupation taxed by the laws of Texas and against whom an occupation tax can be levied by the City, an annual occupation tax equal in each instance to one-half (1/2) of the state occupation tax, which tax shall be paid annually in advance except as otherwise provided by state law, in which event such tax shall be levied, collected, and paid as is provided by state law, the amount thereof not in any event to exceed one-hal f (1/2) of the state occupation tax as aforesaid. SECTION 5. That the Director of Finance of said City shall keep accurate and complete records of all monies collected under this Ordinance and of the purposes for which same are expended. SECTION 6. Tha t monies collected pursuant to thi s Ordinance shall be expended as set forth in The City of San Marcos Program and Budget 1988-1989. SECTION 7. That all monies collected which are not specifically appropriated shall be deposited in the general fund. SECTION 8. That the importance of this Ordinance creates an emergency and an imperative public necessity so that the provisions of the Charter requiring that ordinances shall be presented at three separate meetings and that no ordinance shall become effective until the expiration of ten (lØ) days following the date of its final passage be suspended, and these prov isions are hereby suspended, and this Ordinance shall take effect and be in full force and effect from and after its adoption and after its publication in a newspaper of general circulation in the area as required by the Charter of the City of San Marcos, Texas. PASSED, APPROVED SppTPmh~p 19~. AND ADOPTED this the 26 day of ~ê. ~£~1fWJ Mayor Attest: 'f Mi:J:J{ gr ~~ Janis K. ~'Jomack City Secretary Approved: " ~. r..amar W. Hankins City Attorney Published in the SAN MARCOS DAILY RECORD October 2, 1988.