78-7-Ordinance-Paying the Ad Valorem Taxes-10/02/1978ORDINANCE NO. 78-7
AN ORDINANCE FIXING THE TIME AND MANNER OF PAYING THE AD VALOREM
TAXES LEVIED FOR THE USE AND BENEFIT OF THE GOVERNMENT OF THE
CITY OF SANGER, TEXAS,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANDER, TEXAS:
SECTIOT 1 1. That the ad valorem taxes hereafter levied by the
governing body of the City of Sanger, Texas, each year shall,
become due on the first day of October of the year for which
the levy is made and may be paid up to and including the fol-
lowing January 31st, without penalty, but if not so paid such
taxes become delia_uent on the following day, February lst,
and the following penalty shall be payable thereon, to wit; if
paid during the month of February, one percent (10); during the
month of Tlarch, two percent (.2 ); April, three percent (30),
M,aIF _four FFI I nt (-a° - ; ,Tune, five percent ( 5°) ; and on and after
the first day of July, eight percent (8%). Such unpaid taxes shall
bear interest at the rate of six percent (6%) per annum from
February lst of the year next succeeding the vear for which
such taxes were levied or assessed.
SECTION 2. t.Tnpaid taxes for the assessment year and all prior_
years shall be considered. deliquent as o.f_ Februaryy 1-st of the
_yeas next succeeding the year for which such taxes were levied
or assessed and shall be subject to a penalty of eight percent
(80) and interest at the rate of six percent (60) per annum
from the date of their deline;uencv.
PASSED AND APPROVED THIS THE
ATTEST:
cretary
2.nd day of
October 1978.