The URL can be used to link to this page

Home My WebLink About02572 ORD - 08/02/1949AN ORDINANCE - PRESCRIBING THE TAXES TO BE LEVIED, ASSESSED AND I0_•*kt.' COLLECTED BY THE CITY OF CORPUS CHRISTI, TEXAS, FOR THE YEAR 1919, AND FOR EACH SUCCEEDING YEAR THEREAFTER, UNTIL OT MNISE 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 your 1949, and for each succeeding year thereafter, until otherwise provided and ordained, an annual direct ad valorem tax of one Dollar ( ;1.00) on each one Hun- dred Dollar ($100.00) value thereof. on 911 property, real, personal and mixed, located within the said City of Corpus Christi, Texas, upon which a tax is authorised to be levied by lass end upon all franchises of all individuals, partners, and corporations holding franchises 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, and $0.02 of the $1.00 mentioned above is hereby appropriated to the interest and ainlUg fund of the following, (a) General Funding Warrants, Series 1929, dated November 1, 1929. (b) General Faced Refunding Bonds, Series 1936, dated April 1, 1936• SECTION 2. That there is hereby levied to be assessed and collected in current money of the United States of America, for the we of the City of Corpus Christi, for the year 1949, and for each succeed- ing year thereafter until otherwise provided and ordained, an annual direct ad valorem tax x£.$0.25 on each One Hundred 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 making payments for general street improvements and for building bridges in the City of Corpus Christi, Texas. SECTION 3. That for the purpose of paying interest and pro- viding the necessary sinking funds for the payment of outstanding bonds a�7� and bonded indebtedness of the City of Corpus Christi, and for paying interest and making provisions for the sinking fund of such future Issues as may be authorised, there is hereby levied for the year 191. and for each succeeding year thereafter, unless otherwise provided and ordained, to be assessed and oolleated in current money of the United States of America, upon all property and franchises described in Seo- tion 1 of this Ordinance, an annual dirsot ad valorem tax of =0.75 on each Cne Hundred Dollars ($100.00) of value thereof, which said taxes, an 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 of said amount of $0.75 there is hereby appropriated $0.189 for the purpose of pay- ing interest and creating the necessary sinkir fund to pay Refunding Bonds, Series 1936, dated February 1, 1936; L L (b) Out of said smount of $0.75 there is hereby appropriated $D.013 for the purpose of pay- ing interest and oreeting.the necessary sinking fund to pay Airport Extension Re- _ funding Bonds, Series 1946, dated July 20. 1946; (a) Out of said amount of $0.75 there is hereby appropriated $0.05 for the purpose of pay- ing interest and creating the necessary sinking fund to Pay Sanitary Sewer Improve- ment and Extension Bonds, Series 1940, dated June 1, 1940; (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 1940, dated June 1, 191;[1; (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 Improvement Bonds, Series 1941, dated December 1, 1941; (f) Out of said amount of $0,75 there is hereby appropriated $0,003 for the purpose of pay- v/ Ing interest and creating the necessary sib fund to pay City Hall Improvement Bonds, Series 1937, dated February 1, 1937 (g) Out of said amount of $0.75 there is hereby appropriated $0.041 for the purpose of pay- ing interest and creating the necessary siWdMg fuldto pay Street improvement Bonds, Series 1946, dated December 1, 1946. _ (h) Out of said amount of $0.75 there is hereby - appropriated $0.028 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Hospital Bonds. Series 1941, dated December 1, 19141; (i) Out of said amount of $0.75 there is hereby appropriated $0.007 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Airport Improvement end Drainage Bonds, Series 19111, dated December 1, 1911; (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 making fund to my Park System Improvement Bonds. Series 191.;]., 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 oinking find to pay Fire Station Bonds, 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 fund 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 necessary sinking fund to y Garbage Disposal Plant Bonds, Series 19U, dated December 1, 1941; (n) Out of said amount of $0.75 there is hereby appropriated $0.0114 for the purpose of pay- ing interest and creating the necessary oinking fund to pay Sanitary and Storm Sewer Improvement Bonds, Series 1941, dated Decem- ber 1, 1941, (o) Out of said amount of $0.75 there is hereby appropriated $0.006 for the purpose of pay- ing interest and creating the necessary sinking fund to pay City Hall Improvement Bonds, Series 1941, dated December 1, 19141; (p) Out of said amount of $0.75 there is hereby appropriated $0.010 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Civilian Defense Emer- gency Bonds, Series 191-2, dated April 1, 1 (q) Out of said amount of $0.75 there is hereby appropriated $0.007 for the purpose of pay- ! r ing interest and creating the necessary sinking fund to pay Fire Department Bonds, Series 1944, dated June 1, 19!4; (r) Oat of maid amount of $0.75 there is hereby appropriated $0.0014 for the purpose of pay- _ ing interest and creating the necessary C sinking fund to pay Water District Bonds, Series 1929, dated April 10. 1929; (s) Out of said amount of. =0.75 there in hereby appropriated $0.054 for the purpose of pay- ing interest and creating the necessary sinking fund to Y Waterworks Extension Bonds, Series 1910, dated August 15, 1940; (t) Out of said amount of #D.75 there is hereby appropriated ;0.010 for the purpose of pay- G ' ing interest and creating the necessary sinking fund to ppay Waterworks Improvement Bonds, Series 1911, dated December 1, 1941; (u) Out of said amount of 00.75 there is hereby appropriated $0.011 for the purpose of pay- ing interest and creating the necessary sinking find to $Fmy Airport Improvement ' Bonds, Series 194,e. dated June 1, 1948; (v) Oat of said amount of $0.75 there is hereby - appropriated $0.014 for the purpose of pav- ing interest and oreating the necessary sinking fund to pay park Hondas Series 1948. dated June 1, 19488 (w) Out of said amount of $0.75 there is hereby _. appropriated $0.103 for the purpose of pay- ing interest and creating the necessary sinking fled to pay Storm Sewer Bonds, Series 1948, dated June 1, 1948; (x) Out of said amount of $0.75 there is hereby appropriated 00.067 for the purpose of pay- ing interest and creating the necessary sinking fund to pay Sanitary Sewer Improve- ment Bonds, Series 1948, dated June 1. 1948; (y) Out of said amount of 00.75 there is hereby appropriated 0OAa for the purpose of pay- ing interest and creating the necessary oinking fund to pay Street Improvement Bonds, Series 1948, dated June 1, 1 SECTION 4. All taxes for the year 1949 hereby levied shall become due and payable at the office of the Tax Assessor- Collector of the City of Corpus Christi, Tease, on or after the first day of October, A. D. 1949, and if the taxes levied for maid year are,not paid on or be- fore January 31st next after becoming due, interest shall be charged upon the groan 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. SECTICK 5. The fact that the passage of an ordinance for the levying of taxes for the City of Corpus Christi for the year 1949, is necessary and important to the people of the City, and the further fact that the preparation and oompletim of the tax rolls for the year 1949 is dependent on the passage of this ordinance, and in order that said tax roll may be completed and ready for the collection of said taxes, .hen the same become due and payable as aforesaid, creates a public emergency and a public imperative necessity 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 Resolution shell be read at three meetings of the City Council, and the Meyer having declared that such public emergency and imperative necessity exist, and having requested that said Charter rule be suspended and that this Ordi- nance be finally passed on the date it is introduced, and take effect end be in Full force and effect from and after its passage, IT IS ACCORD- INGLY SO ORDAINED. - PASSED AND APPROVED this day of August, A. D. 1949. ATTEST: L r � City of Corpus Christi, Texas ity Seore APPROVED AS TO LVAUL FO$ER iiy brnsy Corpus Christi, Texas Angust_.a_? 19149 ' TO THE NglHlM OF THE CITY COUNCIL Carpus Christi, Tease Gentlemenc For the reasons set forth in the emergency clause of the fore- going Ordinance, a public emergency and an 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 several meetings of the City Council, I, therefore, hereby request that you suspend said Charter rule or requirement and pass this Ordinance finally =the date it is introduced, or at the present meeting of the City Council. Respectfully, �51a L� City of Corpus Christi, Texas The Charter rule was suspended by the following votes Leslie Wasserman a a� Jack DeForrest Harvey Cott Sydney E. Herndon "" (///J�� George L. Losman The above Ordinance was passed by the Pollosri.ag votes Leelis 'Wasserman Jack Correct Barney Cott Sydney E. Herndon George L. Lowcan �51a