Ordinances calling elections as well as those certifying election results for the imposition of sales and use taxes are on file in the office of the city secretary.
(Ordinance adopting Code)
The city agrees to keep the 1% city sales tax on gas, electricity and any other utilities this may involve.
(Ordinance 71 adopted 8/18/78)
(a)
Pursuant to and in accordance with the provisions of Vernon’s Ann. Civ. St., article 5190.6, section 4B, as amended (the “Act”) and an election held May 3, 1997, the city is authorized to create a corporation to act on the city’s behalf to promote community and economic development within the city and the state in order to eliminate unemployment and underemployment and to promote and encourage the expansion and development of municipal and public facilities for the improvement of the quality of life by developing, implementing, providing and financing projects under section 4B of the Act.
(b)
The city council hereby finds and determines that the creation of the city community development corporation (the “corporation”) should be approved and authorized and the corporation’s articles of incorporation and bylaws approved.
(c)
The city council further finds and determines that provision should be made for the imposition and levy of the sales and use tax authorized pursuant to the Act and approved by voters at the aforesaid election.
(Ordinance 177 adopted 5/12/97)
The articles of incorporation of the corporation attached to Ordinance 177 as exhibit A and incorporated herein by reference as a part hereof for all purposes are hereby approved, and the city council hereby authorizes the filing of the articles of incorporation with the secretary of state in accordance with the Act.
(Ordinance 177, sec. 1, adopted 5/12/97)
The bylaws of the corporation attached to Ordinance 177 as exhibit B and incorporated herein by reference as a part hereof for all purposes are hereby approved.
(Ordinance 177, sec. 2, adopted 5/12/97)
There is hereby adopted and levied a sales and use tax within the city for the benefit of the corporation at a rate of one-half of one percent on the sales of items at retail and a use tax at the same rate on the use, storage or other consumption within the city of tangible personal property purchased, leased or rented from a retailer during such time as such tax is effective within the city. Such tax shall be imposed, computed, administered, collected and remitted in accordance with V.T.C.A., Tax Code, chapter 321, except as inconsistent with section 4B of the Act. The effective date of the tax adopted and levied by this division and imposed by section 4B of the Act is May 12, 1997, and the comptroller has notified the city secretary that such office is prepared for the administration of the tax.
(Ordinance 177, sec. 3, adopted 5/12/97; Ordinance adopting Code)