ARTICLE IV. RETROACTIVE EMPLOYER SOCIAL SECURITY TAXES4
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Sec. 1. Payment authorized.
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The City Council is hereby authorized to pay to the Treasurer of the State of Arizona such portion of the funds appropriated in the City of Phoenix budget for the fiscal year beginning July 1, 1953 as are required to pay the employer social security taxes accrued on and after January 1, 1951 and to July 1, 1954, in accordance with the agreement entered into between the Federal Security Administrator and the State of Arizona.