HomeMy WebLinkAbout14374 RES - 07/05/1978A RESOLUTION -
WHEREAS, the City Council of the City of Corpus Christi realizes
that inflation and other factors have caused the escalation of market values
of the taxpayers' property; and
WHEREAS, the City's Board of Equalization, an autonomous Board, is
charged with setting market values on property; and
WHEREAS, we feel that it is imperative that we, as a responsible
City Council, use the powers at our disposal to relieve the taxpayers burden
and also set a limit on the cost of City Government; and
WHEREAS, we also accept our responsibility to adopt a budget that
allows for inflation costs, cost -of- living salary increases for City employees,
and the maintenance of an orderly City Government; and
WHEREAS, our present budget is 74 million dollars, and our forthcoming
budget is estimated by the staff to grow at the present pace to approximately
85 million dollars; and
WHEREAS, home owners over the age of 65 with fixed incomes are
severely burdened by ever - increasing taxes; and
WHEREAS, we, the City Council, having no control over property
revaluations, can control taxes by adjusting the tax rate and /or the percentage
of assessment;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1: That the percentage of assessment will be lowered from
sixty percent (60 %) of market value of property to fifty percent (50 %) of market
value of property, the result of which will decrease the taxpayers' current
valuation by 16.6 %.
SECTION 2: That the City Manager of the City of Corpus Christi bring
forth the Budget for the 1978 -1979 Fiscal Year with a total of no more than a
10.3% increase over the Budget for the 1977 -1978 Fiscal Year.
SECTION 3: That the Homestead Exemption for persons over sixty -five
(65) years of age be increased from Six Thousand Dollars ($6,000.00) to Eight
Thousand, Two Hundred Dollars ($8,200.00).
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14371
SECTION 4: The necessity to relieve the burden placed upon the
taxpayers of the City of Corpus Christi, as aforesaid, creates a public
emergency and an imperative public necessity requiring the suspension of the
Charter rule that no ordinance or resolution shall be passed finally on the
date of its introduction but 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 the
Charter rule, and that this, resolution take effect and be in full force and
effect from and after its passage, IT IS ACCORDINGLY SO RESOLVED this the
5th day of July, 1978.
ATTEST:
APPROVED:
DAY OF JULY, 1978:
J. BRUCE AYCOCK, CITY ATTORNEY
By
City Atto ey
MAYOR
THE CI Y OF CRP S CHRISTI, TEXAS
Corpus Christi, Texas
—rte day of —)uLv 19 —2,8
TO THE MEMBERS 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 suspension of the
Charter rule or requirement that no ordinance or resolution 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, request
that you suspend said Charter rule or requirement and pass this ordinance
finally on the date it is introduced, or at the present meeting of the City
Council.
Respectfully,
MAYOR
THE C TY OF� . CHRISTI, TEXAS
The Charter Rule was suspended by the following vote:
Gabe Lozano, Sr.�� ,
Bob Gulley
David Diaz
'Ruth Gill
Joe Holt
Tony Juarez, Jr. _(fib k
Edward L. Sample [�� �, 4
The above ordinance was passed by the following vote:
Gabe Lozano, Sr. _n K A 'C— -
Bob Gulley Q L k .C=
David Diaz rc�
Ruth Gill
Joe Holt a
Tony Juarez, Jr.a FJ
Edward L. Sample rr /
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