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HomeMy WebLinkAbout05830 ORD - 07/27/1960AN ORDINANCE PRESCRIBING THE TARES TO BE LEVIED, ASSESSED AND COLLECTED BY THE CITY OF CORPUS CHRISTI, TEXAS, FOR THE YEAR 1960 AND FOR EACH SUCCEEDING YEAR 'HEREAFTER UNTIL OTHERWISE PROVIDED AND ORDAINED; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That there is hereby levied, to be assessed and collected in current money of the United States of America, for the use of the City of Corpus Christi, Texas, for the Year 1960, and for each succeeding year thereafter, until otherwise provided and ordained, an annual direct ad valorem tax of $.7405 on each One Hundred Dollars ($100) value thereof, on all property, real, personal, and mixed, located within the said City of Corpus Christi, upon which a tax is authorized to be levied by law, and upon all franchises of all individuals, partners, and corporations holding franchises in the City from said City of Corpus Christi, Texas, said tax to be appropriated to the payment and defrayment of current expenses of the Government of said City. SECTION 2. That there is hereby levied to be assessed and collected in current money of the United States of America, for the use of the City of Corpus Christi, for the Year 1960, and for each succeeding year thereafter until otherwise provided and ordained, an annual direct ad valorem tax of $.25 on each One Hundred Dollars x$100) of value thereof, upon all property and franchises described in Section 1 of this Ordinance, said Tax to be appropriated and used in making payments for General Street Improvements and building bridges in the City of Corpus Christi, Texas. SECTION 3. That for the purpose of paying interest and providing the necessary sinking funds for the payment of outstanding bonds and bonded indebted- ness of the City of Corpus Christi, and for paying interest and making provisions for the sinking fund of such future issues as may be authorized, there is hereby levied for the Year 1960, and for each succeeding year thereafter, unless other- wise provided and ordained, to be assessed and collected in current money of the United States of America, upon all property and franchises described in Section 1 of this Ordinance, an annual direct ad Valorem tax of'$ 539j on each One Hundred Dollars ($100 ) of value thereof, which said taxes as and when the same shall be collected, shall be appropriated and credited to the following bond interest and sinking funds of the City of Corpus Christi, Texas: } 5830 (1) Out of said amount of $0.5395 there is hereby appropriated $0.m33 for the purpose of paying interest and creating the necessary sinking fund to pay Refunding Bonds, Series 1936, dated February 1, 1936; (2) Out of the amount of $0.5395 there is hereby appropriated $0.0103 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1940, dated June 1, 1940; (3) Out of said amount of $0.5395 there is hereby appropriated $0.0119 for the purpose of paying interest and creating the necessary sinking fund to pay Sanitary Sewer Improvement and Extension Bonds, Series 1940, dated June 1, 1940; (4) Out of the amount of $0.5395 there is hereby appropriated $0.0016 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1941, dated December 1, 1941; (5) Out of said amount $0.5395 there is hereby appropriated $0.001� for the purpose of paying interest and creating the necessary sinking fund to pay Garbage Disposal Plant Bonds, Series 1941, dated December 1, 1941; (6) Out of said amount of $0.5395 there is hereby appropriated $0.0084 for the purpose of paying interest and creating the necessary sinking fund to pay Hospital Bonds, Series' 1941, dated December 1, 1941; (7) Out of said amount of $0.5395 there is hereby appropriated $0.0016 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Improvement and Drainage Bonds, Series 1941, dated December 1, 1941; (8) out of said amount of $0.5395 there is hereby appropriated $0.0013 for the purpose of paying interest and creating the necessary sinking fund to pay Park System Improvement Bonds, Series 1941, dated December 1, 1941; (9) Out of said amount of $0.5395 there is hereby appropriated $0.0026 for the purpose of paying interest and creating the necessary sinking fund to pay Sanitary and Storm Water r;. Sewer Improvement Bonds, Series 1941, dated December 1, 1941; M of said amount of $0.5395 there is hereby appropriated $0.0129 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1941, dated December 1, 1941; (11) Out of the amount of $0.5395 there is hereby appropriated $0.0016 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Department Bonds, Series 1944, dated June 1, 1944; (12) Out of the amount of 0.5395 there is hereby appropriated $0.0018 for the purpose of paying interest and creating the necessary sinking fund to pay airport Improvement Bond§ Series 1948, dated June 1, 1948; (73) Out of said amount of $0.5395 there is hereby appropriated $0.,0022 for the purpose of paying interest and creating the necessary sinking fund to pay Park Bonds, Series 1948, dated June 1, 1948; (14. Out of the amount of $0.5395 there is hereby appropriated $0.0153 for the purpose of paying interest and creating the necessary sinking.fund to pay Sanitary Sewer Improve- ment Bonds, Series 1948, dated June 1, 1948; (15) Out of the amount of $0.5395 there is hereby appropriated $0.0245 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sever Bonds, Series 1948, dated June 1, 1948; (16) Out of the amount of $0.5395 there is hereby appropriated $0.0113 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1948, dated Jund. 1, 1948; (17) Out of said amount of $0.5395 there is hereby appropriated $0.0153 for the purpose of paying interest and creating the necessary sinking fluid to pay City Hall Bonds, Series 1950, dated January 15, 1950; (18) Out of said amount of $0.5395 there is hereby appropriated $0.0019 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1950, dated January 15, 1959; (19) Out of said amount of $095395 there is hereby appropriated $0.0015 for the purpose of paying interest and creating the necessary sinking fund to' pay Municipal Auditorium. Bonds, Series 1950, dated January 15, 1950; (20) Out of said amount of $0.5395 there is hereby appropriated $0.0116 for the purpose of paying interest and creating the necessary sinking fund to pay Municipal Auditorium. Bonds,,Series 1950 -A, dated November 1, 1950; (21) Out of said,amount of $0.5395 there is hereby appropriated $q.0055 for the purpose of paying interest and creating the ,necessary sinking fund to pay Police Building Bonds, Series 1950, dated January 1-5, 1950; (22) Out of said amount of $0.5395 there is hereby appropriated $0.0047 for the purpose of paying interest and creating the necessary sinking fund to pay Public Library Bonds, Series 1950, dated November 1,,,1950; (23) Out of said amount of $0.5395 there is hereby appropriated $0.0016 for the purpose of paying interest and creating the necessary sinking fund to pay Public Park Bonds, Series 1950, dated January 15, 1950; (24) Out of said amount of $0.5395 there is hereby appropriated $0.0016 for the purpose of paying interest and creating the necessary sinking fund to pay Public Park Bonds, Series 1950 -A, dated November 1, 1950; (25) Out of said amount of $0.5395 there is hereby appropriated $0.0054 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1950, dated January 15, 1950; (26) Out of said amount of $0.5395 there is hereby appropriated $0.0063 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1950 -A, dated November 1, 1950; (27) Out of said amount of $0.5395 there is hereby appropriated $0.0038 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Bonds, Series 1950, dated January 15, 1950; *' `-111 (28) Out of said amount of $O4 "- �'tAre is hereby appropriated $0.0050 for the purpose of„ aging. interest and creating the necessary sinking fund £o pay Storm Sewer Bonds, Series 1950 -A, dated November 1, 1950; (29) Out of said amount of $0.5395 there is hereby appropriated $0.0019 for the purpose of paying interest and creating the necessary sinking fund to pay Street Traffic Control System - Bonds, Series 1950, dated January 15, 1950; (30) Out of said amount of $0.5395 there is hereby appropriated $0.0135 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Improvement Bonds, Series 1951, dated September 1, 1951; (31) Out of said amount of $0.5395 there is hereby appropriated $0.0017 for the purpose of paying interest and creating the necessary sinking fund to pay Sanitary Sewer Improvemett Bonds, Series 1951, dated September 1, 1951; (32) Out of said amount of $0.5395 there is hereby appropriated $0.0023 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Improvement Bonds, Series 1951, dated September 1, 1951; (33) Out of said amount of $0.5395 there is hereby appropriated - $0.0046 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1951, dated September 1, 1951; (34) Out of said amount of $0.5395 there is' hereby appropriated $0.0034 for the purpose of paying interest and creating the necessary sinking fund to pay Public Park Bonds, Series 1952, dated July 1, 1952; (35) Out of the said amount of, $0.5395 there is hereby appropriated $0.0021 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1954, dated February,l, 1954; (36) Out of said amount,of $0.5395 there is hereby appropriated $0., 0016 for the purpose of paying interest and creating the necssary sinking fund to pay Fire Station Bondi Series, 1954 -A, dated December 1, 1954; (37) Out of said amount of $0:5395 there is hereby appropriated $0.,0091,for the,purpose of paying interest and creating the necessary sinking fund to•pay Storm Sewer:Bonds� Series 1954, dated February 1j 1954; (38) Out of said amount of $0.5395 there is hereby appropriated $0.0105 for the-purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Bond , Series. 1954 -4, dated December 1,'1954; (39), Out of the said amount of $0.5395 there is hereby appropriated $0.0131 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1954, dated February 1g 1954; (40) Out of said amount of $0.5395 there is hereby appropriated $0.0055 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1954 -A; dated December' 1, 1954; (41) Out of said amount of 0.5395 there is hereby appropriated $0.0017 for the purpose,of paying interest and creating the necessary sinking fund to pay Street Right =of -Way Bonds, Series,1954, dated February 1, 1954; (42) Out of said amount of $0.5395 there is hereby appropriated $0.0029 for the purpose of paying interest and creating the necessary sinking fund to pay Traffic Control•System Bonds,. Series 1954,,dated February 1, 1954; (43)' Out of said amount of $0.5395 there is hereby appropriated $O.g028 for the purpose of'paying interest and'creating the necessary sinking fund to pay Traffic Control System °Bonds, Series 1954 =A; dated December 1, 1954; (44) Out of said amount of $0.5395 there is hereby appropriated $0.0691 for the purpose of paying interest and creating the necessary sinking fund to pay General Obligation Bonds,. Series-19552,'dated December 1, 1955; (45) Out of the amount of $0.5395 there is'hereby appropriated $0.0458 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Bonds, Series 1957, dated February 1, 1957; (46) Out of the amount of $0.5395 there is hereby approriated $0.0162 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Bonds, Series 1957, dated February 1, 1957; (47) Out of the amount of $0.5395 there is'hereby appropriated $0.,0047 for the purpose of paying interest and creating the necessary sinking fund to pay General Improvement Bonds, Series 1957, Dated December 1, 1957; ('48) Out of the amount of $0.5395 there is'hereby appropriated $0.,0016 for the purpose of paying interest and creating the necessary sinking fund to pay Refunding Bonds, Series 1958, dated June ,1, 1958; (49)' Out of the amount of $0.5395 there is hereby appropriated $0.0103 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Bonds, Series 1958, dated June 1, 1958; (50) Out of the amount of $0.5395 there is hereby appropriated $0.0075 for the purpose,of paying interest and creating the necessary sinking fund to pay Storm Sever'Bonds, Series 1958, dated June 1, 1958; (51) Out of'the amount of $0.5395 there is hereby appropriated $0.,0171 for the purpose of paying interest and creating the necessary sinking fund to pay General Improvement Bonds, Series 1958: dated December 1, 1958; (52), Out of the amount of $0.5395 there is hereby appropriated $0.0362 for the purpose of paying interest and creating the necessary sinking fund to pay General Improvement Bonds, Series 1959, dated November 1, 1959; (53)' Out of the'amount of $0.5395 there is hereby appropriated $0.0597 for the purpose of paying interest and creating the necessary sinking fund to pay General Improvement Bonds, Series 1960,, dated June 1, 19.60; and (5k) Out of the amount of $0.5395 there is'hhereby appropriated $0.9085 for the purpose of paying interest and creating the necessary sinking fund to pay any bond,that may be issVd during the fiscal year 1960 -61., J. SECTION 4. All taxes for the Year 1960 hereby levied shall become due and payable at the Office of the Tax Assessor - Collector of the City of Corpus Christi, Texas, on or after the first day of August, 1960, and if the taxes levied for said year are not paid on or before January 31st next after becoming due, interest shall be charged upon the gross amount of the taxes due and penalty due until paid at the rate of one -half of one percent ('� of 1 %) for each month or fraction thereof thereafter. Said interest shall be in addition to such'penalties as may be hereafter provided for delinquent taxes. No discount for payment of taxes prior to such taxes becoming delinquent shall be allowed. SECTION 5. That the fact that the passage of an ordinance for the levying of taxes for the City of Corpus Christi for the Year 1960, is necessary and important to the people of the City-and the further fact that the preparation and completion of the tax rolls of the City for.the Year 1960, is dependent upon the passage of this ordinance, and in order that said tax roll may be completed and ready for the collection of said taxes when the same become due and payable as aforesaid, creates an emergency and an imperative public necessity requiring the suspension of the Charter rule providing that no resolution or ordinance shall be passed finally on the date of its introduction and that such ordinance or resolution shall be read at three several meetings of the City Council, and the Mayor, having declared such emergency and necessity to exist, having requested the suspension of said Charter Rule and that this ordinance be passed finally on the date of its introduction and take effect and be in full force and effect from and after the passage of same, IT IS ACCORDINGLY PASSED AND APPROVED; this the _ day of July, A.D. 1960. MA THE CITY OF C CHRISTI JzXgS ATTEE T:, V '5Z ✓ 99 Cit Secre tlar APPROVED AS TO LEGAL FORM: o�S �fGa City Attorney C ""OO/RRRR�P'UU'nS CHRISTI, TEXAS F OF 19 Ll TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FORE- GOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPENSION OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR RESOLU- TiON SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; I, THEREFORE HEREBY REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIRE- MENT AND PASS THIS ORDINANCE FINALLY ON THE DATE IT IS INTRODUCED2 OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLY, MAYOR THE CITY OF 0 PUS CHRI T y TEXAS THE CHARTER RULE WAS SUSPLENDED BY THE FOLLOWING VOTE: ELLROY KING JAMES L. BARNARD MRS. RAY AIRHEART JOSEPH B. DUNN PATRICK J. DUNNE R. A. HUMBLE GABE LOZANO, SR. THE ABOVE ORDINANCE WAS PASSED BY ELLROY KING JAMES L. BARNARD- MRS. RAY AIRHEART JOSEPH B. DUNN PATRICK J. DUNNE R. A. HUMBLE GABE LOZANO, SR.