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78-02 O - Local Sales Tax ORDINANCE NO . 7 9/— 2 AN ORDINANCE OF THE TOWN OF PROSPER , TEXAS , CONTINUING THE TAX IMPOSED BY THE LOCAL SALES AND USE TAX ACT ( ARTICLE 1066c , VERNON ' S TEXAS CIVIL STATUTES ) ON THE SALE AND DISTRIBUTION OF GAS AND ELECTRICITY FOR RESIDENTIAL USE IN SAID CITY , EFFECTIVE OCTOBER 1 , 1979 . BE IT ORDAINED BY THE CITY COUNCIL OF THE TOWN OF PROSPER , TEXAS : SECTION 1 : The Town of Prosper , Texas , by majority vote of the membership of its governing body , hereby votes to continue the taxes authorized by the Local Sales and Use Tax Act (Article 1066c , Vernon ' s texas Civil Statutes ) on the receipts from the sale , production , distribution , lease , or rental of , and use , storage , or other consumption of gas and electricity for residential use , effective October 1 , 1979 , as authorized by Section 6 of House Bill No . 1 , Acts 1978 , 65th Legislature , Second Called Session . SECTION 2 : This ordinance shall take effect immediately upon its passage and approval . PASSED AND APPROVED , the /3g day of ,/=e>,6/2/1i9ie , 1978 . APPROVED : Mayor ATTEST: City Secretary 7