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Home My WebLink About11001 ORD - 07/31/1972AN ORDINANCE PRESCRIBING THE TAXES TO BE LEVIED, ASSESSED AND COLLECTED BY THE CITY OF CORPUS CHRISTI, TEXAS, FOR THE YEAR 1972 AND FOR EACH SUCCEEDING YEAR TIEREAF'TER UNTIL OTHERWISE PROVIDED AND ORDAINED, AND SUCH OTHER YEARS AS THE SAME MAY BE APPLI- CABLE: PROVIDING A SAVINGS CLAUSE: AND DE- CLARING AN EMERGENCY, ti TEXAS: BE IT ORDAINED BY THE CITY COUNCIL, OF THE CITY OF CORPUS CHRISTI, SECTION 1. That there is hereby levied, to be assessed and col- lected in current money of the United States of America, for the use of the City of Corpus Christi, Texas, for the Year 1972, and for each succeeding year thereafter, until otherwise provided and ordained, an annual ad valorem tax of $ 0.95 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, including but not limited to street improvement, of said City. Said tax shall be assessed upon sixty percent (60 %) of the cash market value of property subject thereto. 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, Texas for the Year 1972 and for each succeeding year thereafter, until otherwise provided and ordained, an annual direct ad valorem tax of $ 0.63 on each One Hundred Dollars ($100) of value on all property real, personal, and mixed, and franchises described in Section 1 of this ordinance, said taxes to be appropriated for the purpose of creating a sinking fluid to pay the interest and principal maturities on all outstanding City of Corpus Christi bonds not otherwise provided for, and including the interest, agent fees, and maturities of the following City of Corpus Christi bonds. i100:1 GENERAL OBLIGATION BONDS AND INTEREST MATURING AUGUST 1, 1972 - JULY 31, 1973 INTEREST AND PAYING AGENT PRINCIPAL FEES Y+ TOTAL 1948 Park Improvement $ 10,000 $ 361 $ 10,361 1948 Sanitary Sewer Imp. 80,000 2,887 82,887 1948 Storm Sewer Imp. 130,000 4,691 134,691 1948 Street Improvement 55,000 1,985 56,985 1950 City Hall 30,000 2,474 32,474 1950 Storm Sewer 80,000 6,596 86,596 1950 Water District 2 (Flour Bluff) 31,000 9,838 40,838 1950A Municipal Auditorium 175,000 12,518 187,518 1950 Public Library 25,000 1,591 26,591 1950A Storm Sewer 100,000 63366 106,366 1950A Street Improvement 35,000 1,351 36,351 1951 Airport 30,000 1,910 31,910 1951 Sanitary Sewer Imp. 30,000 1,459 31,459 1951 Storm Sewer Imp. 45,000 2,489 473489 1951 Street Imp. 30,000 11,233 41,233 1954 Fire Station 35,000 2,140 37,140 1954 Storm Sewer Imp. 35,000 26,777 61,777 1954 Street Right -of -way 15,000 5,792 203792 1954A Fire Station -0- 53326 5,326 1954A Storm Sewer Imp. -0- 373907 37,907 1954A Street Imp. 40,000 13,799 53,799 1955 General Obligation 195,000 18,766 213,766 1957 Storm Sewer Imp. 35,000 13,719 48,719 1957 General Improvement 125,000 .33,959 158,959 1958 Airport 35,000 13,631 48,631 1958 Storm Sewer Imp. 20,000 9,581 29,581 1958 General Improvement 215,000 91,092 306,092 1959 General Improvement 40,000 70,328 110,328 1960 General Improvement 100,000 35,594 1351594 1961 General Improvement 100,000 57,142 1573142 1962 General Improvement 75,000 60,814 1353814 1963 General Improvement 80,000 373846 117,846 1963A General Improvement 150,000 78,230 228,230 1964 General Improvement 155,000 88,670 243,670 1964 Park Improvement 20,000 7,978 27,978 1965 General Improvement 90,000 37,783 127,783 1966 General Obligation 50,000 9,031 59,031 1966A General Improvement 135,000 76,587 ti7,587 1967 General Improvement 150,000 115,465 265,465 1968 General Improvement 100,000 97,834 197,834 1969 General Improvement qq? --1.00 "O00 166,204 266,204 1969A General Improvement 000 110,661 260,661 1970 General Tnprovement X000 2865755 3863755 1971 General Improvement 100,000 130,114 230,114 1972 General Improvement 81,000 315,059 396,059 TOTAL $3,412,002 $2,122,333 $5,534,333 SECTION 3. All taxes for the Year 1972 hereby levied shall be- come 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, 1972, 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 (1/2 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 be- coming delinquent shall be allowed. SECTION 4. In addition to all other taxes, there is hereby levied a tax on the nature of a street rental fee, as provided by Article 1175, Section (12), V.A.C.S., Texas, against all persons, firms or corporations having any pipes, mains, conductors or other facilities in any public ways, streets, alleys, utility easements, or waters within the City limits of the City of Corpus Christi as part of a Public Utility System. Said charge shall be based on the gross receipts of such public utility derived from the sale of gas, electricity, water or other utility service within the City limits. Said fee or tax is payable for each and every calendar year, and shall be paid on or before March 1 next following the end of such calendar year. Such payments shall be made to the Assessor - Collector of Taxes of the City with a verified statement showing the amount of such gross receipts for the respective year. A reasonable charge for street rental fee aforesaid is hereby determined to be four percent (4%) of the gross receipts of such utility derived from the sale of gas, electric energy, or water and /or other utility service, including directory advertising, within the City of Corpus Christi and is hereby levied in that amount. In the event this street rental fee and /or occupation tax is by State Law prohibited, except as to a different rate than as is hereby levied, then the rate is hereby fixed at the highest rate permitted by State Law to be levied by the City. Any public utility having a franchise from the City or for any reason permitted to operate within the City shall be liable for tke payment of the tax hereby levied unless a different rate of payment or other consider- ation is provided by written agreement with the City. SECTION 5• If for any reason any section, paragraph, subdivision, clause, phrase, or provision of this ordinance shall be held invalid, it shall not affect any valid provisions of this or any other ordinance of the City of Corpus Christi to which these rules and regulations relate. SECTION 6. That the fact that the passage of an ordinance for the levying of taxes and street rental fees for the City of Corpus Christi for the Year 1972 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 1972 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 becomes due and payable as aforesaid, creates an emergency and an imperative public necessity requiring the - suspension of ,the Charter rule providing that no ordinance or resolution 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 ORDAINED this the day of July, 1972. ATTEST: i r City Secretary APPROVED: 3 / I) DAY OF JULY, 1972: C;"'." r M G 6-1 Cbyy Attorney V O MAYOR THE CITY OF COR CHRISTI, TEXAS CORPUS CHRISTI, TEXAS . r�grDAY OF TO THE MEMDCRS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FOREGOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPEN- SION OF THC CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR RESOLUTION SHALL DE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH ORDINANCE OR i RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; I, THEREFORE, i REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDI- NANCE FINALLY ON THE DATE IT IS INTRODUCED, OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RES TFU LLY, - 4 i I ' MAYOR THE CITY OF CORP CHRISTI, TEXAS • i 1 THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: J R014NIE SIZEMORE - CHARLES A. BONNIWELL 4 -ROBERTO BOSQUEZ REV. HAROLD T. BRANCH _ - �'• THOMAS V. GONZALES ' „�• GABE- L02ANO, SR. • J.7-HOWARD STARK THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWIN VOTE: BONNIE St2EFI0RE CHARLES A. SONNIWELL ROBERTO. BOSQUEZ REV. HAROLD T. BRANCH , THOMAS V. GONZALES ` GABE L02ANO, SR. J. HOWARD STARK „