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HomeMy WebLinkAbout03101 ORD - 07/24/1951• - AN ORDINANCE PRESCRIBING THE TAXES TO BE LEVIED, ASSESSED AND COIdECT- ED,BY THE CITY CF CORPUS CHRISTI, TEXAS, FOR THE YEAR 1951 AND FOR EACH SUCCEEDING YEAR THEREAFTER UNTIL 07HMM PROVIDED AND ORDAINED; AND DECLARING AN EMERGENCY. BE IT ORDARM Br TES CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TBYASs SECTICH 1. That there is hereby levied, to be assessedand collected, in current money of the United States of America, for the use of the City of Corpus Christi, Terra, for the year 1951, and for each succeeding year thereafter, until otherwise provided and ordained, an annual direct ad va- lorem tax of One Dollar ($1.00) on each One Hundred Dollars ($100) value thereof, on all property, reel, personal and mired, 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 corpora- tions holding franchises in the City from said City of Corpus Christi, Texas, said tax to be appropriated to the pint and defrayment of current expanses of the government of said City; and $0.02 of the $1.00 mentioned above is hereby appropriated to the interest and sinking fund ' of the followings (a) General Funding Warrants, Series 1929, dated November 1, 2929 (b) General Fund Refunding Honda, Series 19363 dated April 1, 1936. - SECTION 2. That there is hereby levied to be assessed and collect- ' ed in current money of the United States of America, for the use of the City of Corpus Christi, for the Year 1951, and for each succeeding year thereafter until otherwise provided andordained, an annual direct ad valorem tax of $0.25 on each One Hundred Dollars ($100) of value thereof, upon all property and franchisee described in Section 1 of this Ordi- nance, 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 providing - the necessary sinking foods for the payment of outstanding bonds and bonded indebtedness of the City of Corpus Christi, and for paying interest and making previsions for the sinking fund of such future issues as may be authorised, there is hereby levied for the year 1951, and for each succeeding year thereafter, unless otherwise pro- vided 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 ($100) 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 sink- ing funds of the City of Corpus Christi, Texas= (1) out of said amount of $0.75 there is hereby appropriated $0.1637 for the purpose of pay- ing interest and creating the necessary sink- ing food to pay Refunding Bonds, Series 1936, dated February 1, 1936, (2) Out of said amount of $0.75 there is hereby appropriated $0.0059 for the purpose of paying interest and creating the necessary sinking fund to pay Municipal Auditoriums Bonds, Series 1950, dated January 15, 1950; (3) Out of said amount of $0.75 there is hereby ap- propriated $0.0455 for the purpose of paying in- terest and creating the necessa;y ainking fund to pay Municipal Auditorium Bonds, Series 1950 -A, dated November 1, 1950; (4) Out of said amount of $0.75 there is hereby ap- propriated $0.0107 for the purpose of paying is terest and creating the necessary sinking fund to pay police Building Hondas Series 1950, dated January 15, 1950; (5) Out of said amount of $0.75 there is hereby ap- propriated $0.0173 for the purpose of paying in- terest and creating the necessary sinking fund to pay Storm Sewer Hondas Series 1950s dated January 15, 1950; (6) Out of said amount of $0.75 there is hereby ap- propriated $0.0259 for the purpose of paying in. terest and creating the necessary sink i g fuel topay Storm Sewer Bonds, Series, 1950 -A, dated November 1, 2950; (7) Out of said amount of $0.75 there is hereby ap- propriated Ow0067 for the purpose of paying in- tmOt and creating the necessary sinking fund to pay Street Taaf fio..Coytro3.isyst2m:'Bonda, Series 1950, dated January 15, 1950; . (6) Out of said amount of $0.75 there is hereby ap- propriated $0.0124 for the purpose of paying in_ terest and creating the necessary sinking fund to Pay Public library Bonds, Series 1950, dated November 1, 1950; 9) Out of said amount of $0.75 there is hereby appropriated $0.0355 for the purpose of pay- ing interest and creating the necessary sink- ing fund to pay Sanitary Sewer improvement and Extension Sondes Series 1940, dated June 1, 1940, 10) Out of said amount of $0.75 there is hereby ap- propriated $0.0325 for the purpose of paying ins terest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1940, dated June 1, 3940; 11) Out of said amount of $0.75 there is hereby ap- propriated $0.0161 for the purpose of paying in.. terest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1941, dated December 1, 1941; 12) out of said amount of $0.75 there is hereby ap- propriated $0.0130 for.the purpose of payying in- terest and creating the necessary sinking fund to pay City Hall Bonds, Series 1950, dated January 15, 1950; 13) Out of said mount of $0.75 there is hereby ap. propriated $0.0327 for the purpose of paying i-n� tenet and creating the necessary sinking fund to pay street Improvement Bondes Series 1946, dated December 1, 1946; 14) Oat of said amount of $0.75 there is hereby ap. propriated $0.0064 for.the purpose of paying in. tereat and creating the necessary,sinbdng fund to Pay Street Improvement Bonds, Series 1950, dated January 15, 1950; 15) Oat of said amount of $0.75 there is hereby ap. propriated $0.0124 for. the purpose of paying in- terest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1950 -6, dated November 1, 1950; 16) Out of said amount of $0.75 there is hereby ap- propriated $0.0222 for the purpose of paving in.. terest and creating the necessary sinking fund to Pay Hospital Beals, Series 1941, dated December 1, 1941; 17) Out of said amount of $0.75 there is hereby ap- propriated $0.0050 for the purpose of paying in- terest and creating the necessary sinking fund to Pay Park System Improvement Bonds, Series 1941, dated December 1, 1941, 18) Out of said amount of $0.75 there is hereby ap- propriated $0.0058 for the purpose of paying in- terest and creating the necessary sinldng fund to pay Public Park Bonds, Series 1950, dated January 15, 1950; 3.9) out of said amount of $0.75 there is hereby ap- propriated $0.0028 for. the purpose of paying in- terest and creating the necessary sinking fund to Pay Public Park Bonds, Series 1950,A, dated Novem- ber 1, 1950; 20) pub of the amount of $0.75 there is hereby ap- propriated $0.0011 for the purpose of paying in, terest and creating the necessary sinking fund to Pay Airport,Improvement and Drainage Bonds, Series 1941, dated December 1941; 21) Out of the amount of $0.75 there is hereby ap- propriated $0.0057 for the purpose of paying in- terest and creating the necessary oinking fund to Pay Fire Station Bonds, Series 1941, dated December 1, 1941; ' . 22) Oat of the amount of $0.75 there is hereby ap- propriated $0.0066 for the Purpose of paying ia. terest and creating the necessary sinking fund to pay Fire Station B,>nds, Series 1950, dated January 15, 1950; 23) Out of the amount of $0.75 there is hereby ap- propriated $0.0050 for the purpose of paying in- terest and creating the necessary sinking fund to pay Garbage Disposal plant Bonds, Series 1941. dated December 1, 1941; 24) Oat of the amount of $0.75 there is hereby ap- propriated $0.0112 for the purpose of paying in.. terest and creating the necessary sinking fund to pay Sanitary and Storm Serer Improvement Bonds, Series 1941, dated December 1, 1941; 25) Out of the amount of $o.75 there is hereby appro- priated $0.0050 for the purpose of paying interest and creating the necessary sinking fund to pay City Hall Improvement Bonds, Series 1941, dated December 1, 1941; 26) Oat of the amount of $0.75 there is hereby ap- Propriated $0.0177 for the purpose of paying in- terest and creating the necessary sinking fund to pay Civilian Defense Emergency Bonds, Series 1942, dated April 1, 1942; 27) Out of the amount of $0.75 there is hereby ap- propriated $0.0062 for the purpose of paying in_ terest and creating the necessary sjnldn fund to POW Fire Department Bonds, Series 1944, dated June 1, 1944; 28) Out of the amount of $0.75 there is hereby ap- propriated $0.0031 for the purpose of paying in. terest and creating the necessary sinking fund to Pav Water District Bonds, Series 1929, dated April 10, 1929; 29) Out of the amount of $0.75 there is hereby ap- ProPriated $0.0069 for the purpose of Paying in- terest and creating the necessary sinking fund to Pay Airport Impracemeat Bonds, Series 1948, dated June 1, 1948; 30) Out of the amount of $0.75 there is hereby up. propriated $0.0083 for the purpose of paying ius. terest and creating the necessary stn�nn fund to pay Park Bonds, Series 1948, dated June 1, 1948; 31) put of the amount of $0.75 there is hereby ap_ Prepriated $0.0730 for the purpose of paying in- terest and creating the necessary sinking fund to Pay Storm Sewer Bonds, Series 1948, dated June 1, 1948; 32) Oat of said amount of $0.75 there is hereby ap- propriated $0.0448 for the purpose of paying in- terest aad creating the necessary sinking fund to pap Sanitary Scorer Improvement Bonds, Series 1948, dated June 1, 19118; 33) Out of said amount of $0.75 there is hereby ap- propriated $0.0297 for the purpose of paying in- terest and creating the'necessary sinking fund to pay Street Improrement, Bonds, Series 1943, dated June 1, 1948, 311) out of said amount of $0.75 there is hereby ap- propriated $0.0119 for the purpose of paying in- terest and creating the necessary sinking fund to pay Waterworl® Imprw ement Bonds, Series 19141, dated December 1, 1941, 35) Out of said amount of $0.75 there is hereby ap- propriated $O.01403 for the purpose of paying in- terest and creating the necessary sinking fund to ' pay Airport Improvements, Park Improvements, Fire Station, Sanitary Seater Improvements, Street Im- provements, Storm Sewer improvement Bonds, 1951 Series. SECTION 4. A32 taxes for the year 1951 hereby levied shall become due and payable at the office of the Tax Assessor Collector of the City of Corpus Chmtsti, Texas, on or after the first day of October, A,D, 1951, 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 andpenalty due until Paid at the rate of one -half of one per cent (1/2 of 1 %) for each month or fraction thereof thereafter. Said interest shall be in addition to such penalties as my be hereafter provided for delinquent taxes. SECTION 5. That the fact that the passage of an ordinance for the levying of taxes for the City of Corpus Christi for the year 1951s is necessary and important to the people of the City, and the further fact that the preparation and completion of the tax rolls for the year 1951 is dependent on the passage of this ordinance, and in order that said tax roll my be completed and ready for the collection of said taxes, when the same become due and payable as aforesaid, creates ,a public emergency and an imperative public necessity requir- ing 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 shall be read at three several meetings of the City Couacil and the Mayor having declared such em- ergency and necessity to exist, having requested the suspension of said Charter rule and that this ordinance be passed finally on the date it is introduced and take effect and be in full face and affect fromnand after its passage, IT IS ACCORDINGLY PASSED AND APPROVED This the day of Julyp A.D. $1. G R P IZ, --re ' T= CITY OF CORPUS CHRISTI, 'MIAs sore Corpus Christi, Texas C" �, 195 TO THE mmERS OF THE CITY COUNCIL Corpus Christi, Texas Gentlemens For the reasons set forth in the emergency clause of the fore- going 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, hereby 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, _V0 / Ga City o£ Corpus Christi, Texas The Charter rule was suspended by the following votes Leslie Wassermsa Jack DeForrest Barney Cott Sydney E. Herndon George L. Lawman The above ordinance was passed by the following vote: Leslie viassermaa Jack DeForrest Barney Cott Sydney E. Herndon George L. Lowmea _V0 /