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1978-043AN ORDINANCE OF THE CITY OF DENTON, TEXAS, REPEALING THE ONE (1%) PERCENT CITY SALES TAX ON RESIDENTIAL GAS AND ELECTRIC SERVICES, AND DECLARING AN EFFECTIVE DATE WHEREAS, a one (1%) percent Local Sales and Use Tax was offzclally adopted by a favorable vote of the qualified electors of the C~ty of Denton on December 9, 1967, and WHEREAS, the 65th Legzslatlon of the State of Texas, 1st Called Session, has enacted Legislation exenrpt~ng residential use of gas and electricity from the four (4%) percent State Sales Tax and providing a local option on the one (1%) percent C~ty Sales and Use Tax, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF TI~ CITY OE DENTON, TEXAS, THAT PART I The one (1%) percent Local Sales and Use Tax on residential gas and electric services ~s hereby re,pealed PART I I That thzs Ordznance and the repeal of the tax shall become effectzve on October 1, 1978 PASSED AND APPROVED th~s Sth day of September, 1978 JOE LL, ~ CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM CITY OF DENTON, TEXAS