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HomeMy WebLinkAboutOrdinances Book 9, Page 725, No Resolution NumberA RESOLUTION AUTHORIZING AND DIRECTING THE C01,11AISSIONER OF PUBLIC FINANCE TO DEDUCT FROM ALL DELINQUENT TAX BILLS FOR '1'HE FIRST HALF; OF THE TAXES FOR 1932, THE PENALTY THEREON OF TEN (10%) PER CENT, AND INTEREST, PROVIDED SAID TAXES ARE PAID BEFORE THE TWENTY FIRST DAY OF JULY, 1932. !`WHEREAS, a certain financial calamity occurred in the City of Paducah during the month of October, 1931, thereby making it impossible for many tax payers to meet their subsequent tax maturities and WHEREAS, it has been announced that a distribution of a portion of deposit funds is to be released to numerous depositors in the City of Paducah shortly after July 5th, 1932 and WHEREAS, the Board of Commissioners of the City of Paducah desires to afford as many of the tax payers as possible the opportunity of paying their city advalorem taxes without the additional burden of a penalty and interest, and pursuant to the authority vested in the Board of Commissioners by Section 3235-c -12, Kentucky Statutes, THEREFORE, BE IT RESOLVED BY THE BOARD OF COidT.ISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That because of the conditions set forth in the preamble hereto, the Commissioner of Public Finance is hereby authorized and empowered to deduct from all ad valorem tax bills for taxes due for the first half of the year 1932, the penalty and interest thereon and to receive the net amount of said ad valorem tax without the penalty and interest, the same as if paid in the month of June, for said first half of said year, provided said taxes are paid before the 21st day of July, 1932 and the action of said Commissioner of Public Finance in so deducting said penalty and interest, and in receiving the net amount of said taxes on said tax bills for the first half of the year 1932 is hereby authorized, directed and ratified fully as to each penalty and interest so eliminated and each tax bill so receipted prior to the twenty first day of July, 1932. SECTION 2. This resolution shall be operative upon its adoption and shall cover all ad valorem taxes paid prior to the twenty first day of July, 1932 on bills for the first half of the e " 1932. 13Uia LI Signed way -or -Passed by the Board of Commissioners July 5th, 1932. 0' K• Recorded by Rudy Steuart, Clerk July Jr �^' 1932. C[iY CLERK