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Home My WebLink About01711 ORD - 08/29/1944AN ORDIRANCE PRESCRIBING THE TAXES TO BE LEVIED, ASSESSED AND COLLECTED BY THE CITY OF CCRFUS CHRISTI, TEXAS, FOR THE YEAR 1944, AND FOR EACH SUC- CEEDING YEAR THEREAFTER, UNTIL OTHERWISE PRO- VIDED AND ORDAINED, AND DECLARING AN EMERGENCY. BE IT ORDAINED HY 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 Carpus Christi, Texas, for the year 1944, and for each succeeding year thereafter until it is otherwise pro- vided and ordained, an annual direct ad valorem tax of One Dollar ($1.00) on each One hundred Dollar ($100.00) value thereof, on all property, real, personal and mixed, located within the said City of Corpus Christi, Texas, upon which a tax is authorized to be levied by law, and upon all franchises of all individuals, partners, and corporations holding franchises from said City of Carpus Christi, Texas, said tax to be appropriated to the payment and defrayment of current expenses of the government of said City, and ;,0.032 of the $1.00 mentioned above is hereby appropriated to the interest and sinking fund of the following: a) General Fund Funding Warrants, Series 1929, dated November 1, 1929. b) General Fund Refunding Bonds, Series 1936, dated April 1, 1936, 1" I I and $0.038 of the $1.00 mentioned above is hereby appropriated to the interest and sinking fund of the following: General Fund Funding Warrants, Series 19+0, dated, August 1, 19L;o. 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 194µ4, and for each succeeding year thereafter until otherwise provided and ordained, an annual direct ad valorem tax of .10.25 on each One Hundred Dollars ($100.00) of value thereof, upon all property and franchisee described in Section 1 of this Ordinance, said tax to be appropriated and used in making payments for general street improvements and for building bridge$ in the City of Corpus Christi, Texas, and out of said amount there is hereby appropriated $0.008 of said $0.25 for the purpose of paying interest and to create the necessary sinking fund to pay the following: a) Storm Sewer Warrants, Series 1929, dated January 1, 1929 b) Storm Sewer Funding Warrants, Series 1929, dated January 1, 1929; and of said $0.25 there is hereby appropriated $0.005 for the purpose_. of paying the interest and creating the neceasanj sinking fund to pay the followings Street Find Time Warrants, Series 1940, dated August 1, 1940. SECTION 3. That for the purpose of paying interest and providing the necessary sinking funds for the payment of the outstanding bonds and bonded indebtedness of the City of Corpus Christi and for paying interest and making provisions for the sinking fund of suoh future issues as may be authorized, there is hereby levied for the year 19L4, and for each succeeding year thereafter, unless otherwise 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 "$0.75 on each One Hundred Dollars ($1W.00) of value thereof, which said taxes, as -2- and when the same $hall be collected, anall be appropriated and credited to the following bond interest and sinking funds of the City of Corpus Christi, a) Out of said amount of $0.75 there is hereby appropriated $0.40 for the purpose of paying interest and creating the necessary sinking fund to pay Refunding Bonds, Series 1936, dated February 1, 1936; b) Out of said amount of $0.75 there is hereby appropriated $0.025 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Extension Bonds, Series 1941, dated January 20, 1941. o) Out of said amount of $0.75 there is hereby appropriated $0.075 for the purpose of paying interest and creating the necessary sinking fund to pay Sanitary Sawer Improvement and - Extension Bonds, Series 1940, dated June 1, 1940; d) Out of said amount of $0.75 there is hereby appropriated $0.07 for the purpose of paying interest and creating the necessary sinking fund to pay Street improvement Bonds, Series 1940, dated June 1, 1940; e) Out of said amount of $0.75 there is hereby appropriated $0.005 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1941, dated December 1, 1941; f) Out of said amount of $0.75 there is hereby appropriated $0.01 for the purpose of paying interest and creating the necessary sinking fund to pay City Hall Improvement Bands, Series 1937, dated February 1, 1937; g) Out of said amount of $0.75 there is hereby appropriated $0.02 for the purpose of paying interest and creating the necessary sinking fund to pay Hospital Bonds, Series 1941, dated December 1st, 1941; h) Out of the said amount of $0.75 there is hereby appropriated $0.02 for the purpose of paying interest and creating the necessary sinking fund to pay Park System Improvement Bonds, Series 1941, dated December let, 19111; i) Out of the said amount of $0.75 there is hereby appropriated ffi0.005 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Improvement and Drainage Bonds, Series 1941, dated December 1st, 1941; j) Out of said amount of $0.75 there is hereby appropriated $0.005 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1937 dated February 1, 1937; -3- k) Out of said amount of $0.75 there is hereby appropriated $0.025 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1941, dated December 1, 1941; 1) Out of said amount of $0.75 there is hereby appropriated $0.02 for the purpose of paying interest and creating the necessary sinking fund to pay Garbage Disposal Plant Bonds, Series 1941, dated December let, 1941; m) Cut of said amount of $0.75 there is hereby appropriated $0.025 for the purpose of paying interest and creating the necessary sinking - fund to pay Sanitary and Storm Water Sewer Improvement and Extension Bonds, Series 1941, dated December 1st, 19411 n) Out of said amount of $0.75 there is hereby appropriated $0.015 for the purpose of paying interest and creating the necessary sinking fund to pay City Ball Improvement Bonds of Series 1941, dated December 1st, 1941; o) Out of said amount of $0.75 there is hereby appropriated $0.01 for the purpose of paying interest and creating the necessary sinking fund to pay Civilian Defense Emergency Bonds, Series 1942, dated April, 1942; p) Out of said amount of $0.75 there is hereby appropriated $0.02 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Department Bonds, Series 1944, dated June 1, 1944. SECTION 4. All taxes for the year 1944 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 1st day of October A. D. 1944, and if the taxes levied for said years are not paid on or before January 31 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 per cent for each month or fraction thereof thereafter. Said interest shall be in addition to such penalties as may be hereafter provided for delinquent taxes. SECTION 5. The fact that the passage of a Tax Ordinance for the City of Corpus Christi, for the year 1944, is important and necessary to the people of Corpus Christi; and the further fact that the collection of taxes thereunder for the year 1944 is near at hand; and the further fact that the preparation and completion of the tax roll for the current year 19W4 is dependent upon the passage of this -4- 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, create a public emergency and a public imperative necessity requiring the suspension of the Charter rule providing that no Ordinance or Reeolubion stall be passed finally on the date it is introduced, and that such Ordinance or Resoluticn shall be read at three meetings of the City Council, and the Mayor having declared that such public emergency and imperative necessity exist, and having requested that said Charter rule be suspended and that this Ordinance be finally passed on the date it is introduced. and take effect and be in full force and effect from and after its passage, IT Is, ACCOIL- TYGLY, ORDA1:71=�. P&SSED AND APPROVED this U day of A. D. 191.,1;., • / ATTESTi City Secretary: APPROVED AS TO LEGAL FORM, City Attorney TAYCR. Pro _.m, City of Corpus f / Christi, Texas .L Corpus Christi, Texas a19+ TO T'fIu tsr'T.,"9ERS OF THE CITY COLfiiCIL _ OF TM CITY OF CORPUS CFLRISTI Corpus Christi, Texas Gentlemeni Tor the reasons set forth in the emergency clause of the foregoing crdinanoe, a public erergency and an imperatire necessity e::ist for the suspension of the Charter rule or require- ment that no ordinance or resolution shell he passed finally on the date it is introduced, and that such ordinance or resolution shall be res.d at three several aaetimFs of the City. Ccuncil; I, therefore, hereby request that you suspend said Charter rule or requirement — d-ass this ordinance finally on the date it is introduced, or at the present meeting of the City Ccuncil. Respectftally, ^o em, City of or Christi, Texas The Charter rule was suspended by he following jv�otes A. C. McCaughan Jos. Mireur Sd. P. yiil lies D. A. Segrest B. G. Moffett The above ordinance was gassed by the fo i.c A. C. McCaughan Jos. 'Yreur 2d. P. Willisma D. A. Segrest B. G. Moffett