Ord 1998-059 - Laserfiche WebLink

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SECTION 4. There is 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-half (1/2) of the state occupation tax as aforesaid. SECTION 5. The Director of Finance of the City shall keep accurate and complete records of all monies collected under this Ordinance and of the purposes for which they are expended. SECTION 6. Monies collected pursuant to this Ordinance shall be expended as set forth in the City of San Marcos 1998-1999 Budget. SECTION 7. All monies collected which are not specifically appropriated shall be deposited in the general fund. SECTION 8. The importance of this Ordinance creates an emergency and an imperative public necessity, and the provisions of the Charter requiring that ordinances be presented at three separate meetings, and that ordinances do not take effect until ten (10) days after the date of final passage are suspended, and this Ordinance will take effect upon publication of notice of its adoption in a newspaper of general circulation in the City. PASSED, APPROVED AND ADOPTED this 14th day of September ,1998. ~~~~o~ Mayor ?I~~wJ Ja s K. WomacK City Secretary Approved: ~ß?rr- Mark B. Taylor City Attorney PUBLISHED IN THE SAN MARCOS DAILY RECORD ON THURSDAY, SEPTEMBER 17, 1998.