The URL can be used to link to this page

Home My WebLink About02321 ORD - 07/27/1948AN omnuNOE �o•-2 3 .21 PRESCRIBING THE TAXES TO BE LEVIED, ASSESSED AND COLLECTED BY 1IM� qCITY OF CORPUS CHRISTI, TMrA , FOB. THE YEAR 194n, AND FOR EACH SUC=)IKG YEAR THEREAFTER, UNTIL OTBmMSE PROVIDED AND Oannrswn, MW DECLARING AN EBMMMOY. BE IT OHDAMM BY TEE CITY COUNCIL OF ME CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That there is hereby levied, to be assessed and collected, in oarrent money of the United States of America, for the use of the City of Corpus Christi, Texas, for the year 19J. and for each succeeding year thereafter, until otheridse provided and ordained, an annual direct ad valorem tax of one Dollar ($1.00) on each one Uwa_ dred Dollar, ($100.00) value thereof, on all property, real, personal and mixed, located within the said City of Oorpus Christi, Texas, upon which a tax is authorized to be levied by law, end upon all franchises of all individuals, partners, and oorporations holding franchises Prom 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; and $0.02 of the 01.00 mentioned above is hereby appropriated to the interest and sinking food of the following, (a) General Funding Warrants, Series 1929, dated November 1, 1929. (b) General Fund Refunding Bonds, Series 1936, dated April 1, 1936• SECTION 2. That there is hereby levied to be — .eased and collected in current money of the United States of America, for the Huse Of the City of Corpus Christi, for the year 1944. and for each succeed- ing year thereafter until otherwise provided and ordained, an annual direct ad valorem tax of $0.25 on each One Snndred Dollars ($100.00) of value thereof, upon all property and franchises described in Section 1 of this Ordinance, said tax to be appropriated and used in m ki" payments for general street improvements and for building bridges io the City of Corpus Christi, Taxes; and out of said amount there is hereby appropriated 00.005 of said $0.25 for the purpose of paying in- terest and to create the necessary sJnk1"g find to pay the following: Storm Sewer Funding warrants. Series 1929, dated January 1, 1929. SSCTIOII 3. That for the purpose of paying interest and pro- viding the necessary sinking funds for the payment of outstanding bonds and bonded indebtedness of the City of Corpus Christi, and for paying interest and making provisions for the sinnm faod of such future issues as may be authorised, there is hereby levied for the year 1948, end for each succeeding yearthereefter, unless otherwise provided and ordained, to be assessed and collected in current money of the 'united States of America, upon all property and franchisee described in Sac - tion 1 of this Ordinance, an annual direct ad valorem tax of $0.75 oa each One Eundred Dollars ($100.00) 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: (a) Out or said amount of $0.75 there is hereby appropriated $0.189 for the purpose of pay- ing interest and creating the ne .... ary 1936, dated February fund to pay Refunding Bonds' series 1 1, 19361 (b) Out of said amount of $0.75 there is hereby appropriated $0.013 for the purpose of pay- ing interest and creating the neoessary sinking fund to pay Airport Extension Re- funding Bonds, Series 1946, dated July 20, (o) Out of said amount of $0.75 there is hereby appropriated $0.05 for the purpose of pay- ing interest and creating the necessary singing fund to pay Sanitary Sewer Iaprove- ment and Extension Bonds, Series 1940, dated June 1, 19hol - (d) Out of said amount of $0.75 there is hereby appropriated $0.036 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Street Improvement Bonds, series 19110, dated June 1. 19110, (e) Out of said amount of $0.75 there is hereby appropriated $0.020 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Street Tmrrovement Bonds, series 1941, dated December 1, 191+1., (f) Oat of said amount of $0.75 there is baraby appropriated $0.003 for the purpose of pay- ing interest and creating the necessary sinldng fund to pay City Bell Improvement Bonds, Series 1937, dated February 1, 1937; (g) Out of said amount of $0.75 there in hereby appropriated $0.0111 for the purpose of pay- ing interest and creating the necessary singing fund to pay street Improvement Bonds, Series 1946, dated December 1, 1946. W out of said amount of $0.75 there is hereby appropriated $0.028 for the purpose of pay- ing interest and creating the necessary sin�na fund to pay Hospital. Bonds, Series 1941, dated December 1, 1%l; (i) Ot of said amount of $0.75 there is hereby appropriated $0.007 for the purpose of pay- ing interest and creating the aeasary aiaktng fund to pay Airport Improv —ant and Drainage Bonds, Series 1941., dated December 1, 1941 (j) Out of said amount of $0.75 there is hereby appropriated $0.006 for the purpose of pay- ing interest and creating the necessary slaking .fund to pray park Syaitem Improvement Bonds, Series 1947-, dated December 1, 1941, (k) Out of said amount of $0.75 there is hereby appropriated $0.001 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Fire Station Benda, Series 1937, dated February 1, 1937, (1) Out of said amount of $0.75 there is hereby appropriated $0.009 for the purpose of pay- ing interest and creating the necessary sinking find to pay Fire Station Bonds, Series 1941. dated December 1, 1941; (m) Out of said amount of $0.75 there is hereby appropriated $0.006 for the purpose of pay- ing interest and Creating the neoessary sinking fund to Garbage Garbage Disposal Plant Bonds, Series 1941, dated December 1, Ighl, (n) Out of said amount of $0.75 there is hereby appropriated $0.014 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Sanitary and Storm Sewer Improvement Bonds, Series 19111, dated Deoem- ber 1, 1941; (o) Out of said amount of$).75 there is hereby appropriated $0.006 for the purpose of psy- ing interest and creating the necessary sinking fund to pay City Bail Improvement Bonds, Series 1941, dated December 1, 1941; (P) Oat of said amount of $0.75 there is hereby appropriated $0.010 for the purpose of pay- ing interest and creating the necessary einkirg fund to pay Civilian Defense R.-r- 1942 Bonds Series 1942, dated April 1. 1= Bonds. Series 1942, dated April 1. (q) Out of said amount of $0.75 there is hereby appropriated $0.007 for the purpose of pay- ing interest and creating the necessary slnlcirg fund to psy Fire Department Bonds, Series 19114., dated June 1, 191111; (r) Out of said amount of 00-75 there is hereby appropriated $0.004 for the purpose of psy- ing interest and creating the necessary sinking fund to pay Water District Bonds, Series 1929, dated April 10, 1929, (s) Out of said amount of 00.75 there is hereby appropriated $0.054 for the purpose of pay- ing interest and creating the necessary sinking find to Pay Waterworks Extension Bonds, Series 1940, dated August 15, 1940; (t) Out of said amount of $0.75 thane is hereby appropriated $0.010 for the purpose of pay- ing interest and creating the necessary sinking find to ggay Waterworks Improvement Bonds, Series 19y1, dated December 1, 1911; (u) Out of said amount of $0.75 there is hereby, appropriated 80.011 for the purpose of pav- ing interest and creating the necessary sinking find. to gga�y Airport Improvement Bonds, Series 1948, dated June 1, 19487 (v) Out of said amount of $0.75 there is hereby appropriated $0.014 for the purpose of pay- ing interest end creating the naoeaeary .iskiag find to gge�y Park Benda, eerie. 1946, dated June 1, 191{8; (w) Out of said amount of $0.75 there is hereby appropriated $0.103 for the purpose of pay- lag interest and creating the necessary sinking fund to pay Storm Serer Bonds, Series 1948, dated Jima 1, 1948; (x) Out of Bald amount of $0.75 there is hereby appropriated $0.067 for the purpose of pay- ing interest and creating the necessary oinking fend to pay Sanitary Sawer Improve- ment Bonds, Series 191+8, dated June 1, 1948; (y) Out of said anoint of $0.75 there is hereby appropriated $0.041 for the purpose of pay- ing iatereat and creating the neoessary sinking fund to pay Street ItTr�ovement Bonds, Series 19h8, dated June 1, 194SR. SSCTICF 4. All taxes for the year 1948 hereby levied shall beoome due and payable at the office of the Tax Assonsor- Colleotor of the City of Corpus Christi, Texas, on or after the first day of October, A. D. 1948, and if the texas levied for said year are not paid on or be- fore January 31st neat after becoming due, interest shall be charged upon the gross anoint of the tease 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 ney be hereafter provided for delinquent taaee. SECTION 5. The fact that the passage of an ordinance gfor the levying of twee for the City of Corpus Christi for the year 194n is necessary and important to the people of the City, and the further fact that the preparation and completion of the tea rolls for the year 1949 is dependent on the passage of this ordinance, and in order that said tax roll may be oomplsted and ready for the collection of said taxes, when the same become duo and payable as aforesaid, creates a public emergeuaq and a publio imperative neoessity requiring the suspension of the Charter rule providing that no Ordinance or Resolution shall be passed finally on the date it is introduced, and that Such Ordinance or Resolu- tion shall be r ead at three meetings of the City Council, and the Mayor having doolared that suoh publio emergency and imperative neoessity 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 I9 ACCCRDINGLY 30 ORDAIIdhD. r S PASSED AND APPROVED this_. % day A. D. 191+8. ATTEST: City of Corpus Christi, Texaa eor APPRQY AS TO LEGAL FORtdr s A ornay Corpus Christi, Texas ;948 TO THE XWE6S OF THE CITY CMNCIL Corpus Christi, Texas Gentlemen. For the reaaons set forth in the emergenoy clause of the foregoing crdi.a.oe, 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 Cou.oils I, therefore, hereby request that you suspend said Charter role or requirement and pass this Ordinance finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, City of Corpus Christi, Texas The Charter rule was suspended by the following votes Wesley E. Seale George R. Clark, Jr. Joba A. Ferris R. R. Henry Joe T. D—son The above ordinanoo was passed by the following vote. Wesley E. Seale George R. Clark, Jr. Job. A. Ferris H. B. Henry Joe T. Dawson