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HomeMy WebLinkAbout04596 ORD - 07/25/195691 AN ORDINANCE PRESCRIBING THE TAXES TO BE LEVIED ASSESSED AND COLLECTED Y THE = OF CO CHRIST , MUNS, FOR THE YEAR7M956 FOR CH SUCCEEDING YEAR ER UNTIL OTHERWISE PROVIDEII 0 ; AND DECLARING AN MdRGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORFUS CHRISTI, SECTION I. 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 Year 1956, and for each succeeding year thereafter, until otherwise provided and ordained, an annual direct ad valorem tax of Eighty - One and Three- Tenths Cents ($0.813) on each One Hundred Dollars ($100) value thereof, on all property, real, personal, and mixed, located within the said City of Corpus Christi, upon which a tax is authorized to be levied by law, and upon all franchises of all individuals, partners, and corporations holding franchises in the City 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. 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 Cor- pus Christi, for the Year 1956, and for each succeeding year thereafter until otherwise provided and ordained, an annual direct ad valorem tax of $0.227 on each One Hundred Dollars ($100) of value thereof, upon all property and franchises des- cribed in Section 1 of this Ordinance, said Tax to he appropriated and used in making payments for General Street Improvements and building bridges in the City Of Corpus Christi, Texas. SECTION 3. That for the purpose of paying interest and providing the necessary sinking Hinds for the payment of outstanding bonds and bonded indebt- edness of the City of Corpus Christi, and for paying interest and making provi- sions for the sinking fund of such future issues as may be authorized, there is hereby levied for the Year 1956, and for each succeeding year thereafterA 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 $0.50 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 sinking Binds of the City of Corpus Christi, Texas; (1) Out of said amount of $0.500 there is hereby appropriated $0.024 for the purpose of paying interest and creating the necessary sinking fund to pay Refunding Bonds, Series 1936, dated February 1, 1936; (2) Out of said amount of $0.500 there is hereby appropriated $0.004 for the purpose of paying interest and creating the necessary sinking fluid to pay Municipal Auditorium Bonds, Series 1950, dated January 15, 1950; (3) Out of said amount of $0.500 there is hereby appropriated $0.021 for the purpose of paying interest and creating the necessary sinking fund to pay Municipal Auditorium Bonds, Series 1950 -A, dated November 1, 1950; (4) Out of said amount of $0,500 there is hereby appropriated $0.006 for the purpose of paying interest and creating the necessary sinking fund to pay Police Building Bonds, Series 1950, dated January 15, 1950; (5) Out of said amount of $0.500 there is hereby appropriated $0.013 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Bonds, Series 1950, dated January 15, 1950; (6) Out Of said amount of $0.500 there is hereby appropriated $0.012 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Bonds, Series 1950 -A, dated November 1, 1950; (7) Out of said amount of $0.500 there is hereby appropriated $0.004 for the purpose of paying interest and creating the necessary sinking fund to pay Street Traffic Control System Bonds, Series 1950, dated January 15, 1950; (8) Out of said amount of $0,500 there is hereby appropriated $0.010 for the purpose of paying interest and creating the necessary sinking fund to pay Public Library Bonds, Series 1950, dated November 1, 1950; (9) Out of said amount of $0.500 there is hereby appropriated $0.002 for the purpose of paying interest and creating the necessary sinking fund to pay Sanitary Sewer Improvement and Extension Bonds, Series 1940, dated June 1, 1940; (10) Out of said amount of $0.500 there is hereby appropriated $0.012 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1941, dated December 1, 1941; M (11) Out of said amount of $0.500 there is hereby appropriated $0.010 for the purpose of paying interest and creating the necessary sinking fund to pay City Hall Bonds, Series 1950, dated January 15, 1950; (12) Out of said amount of $0.500 there is hereby appropriated $0.004 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1950, dated January 15, 1950; -2- (13) Out of said amount of $0.500 there is hereby appropriated $0.010 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1950..A, dated November 1, 1950; (14) Out of said amount of $0.500 there is hereby appropriated $0.009 for the purpose of paying interest and creating the necessary sinking Hind to pay Hospital Bonds, Series 1941, dated December 1, 1941; (15) Out of said amount of $0,500 there is hereby appropriated $0.001 for the purpose of paying interest and creating the necessary sinking fund to pay Park System Improvement Bonds, Series 1941, dated December 1, 1941; (16) Out of said amount of $0.500 there is hereby appropriated $0.003 for the purpose of paying interest and creating the necessary sinking fund to pay Public Park Bonds, Series 1950, dated January 15, 1950; (17) Out of said amount of $0.500 there is hereby appropriated $0.004 for the purpose of paying interest and creating the necessary sinking fund to pay Public Park Bonds, Series 19504, dated November 1, 1950; (18) Out of said amount of $0.500 there is hereby appropriated $0.003 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1950, dated January 15, 1950; (19) Out of said amount of $0.500 there is hereby appropriated $0.001 for the purpose of paying interest and creating the necessary sinking fund to pay Garbage Disposal Plant Bonds, Series lgkl, dated December 1, 1941; (20) Out of said amount of $0.500 there is hereby appropriated $0.004 for the purpose of paying interest and creating the necessary sinking fund to pay Sanitary and Storm Mater Sewer Improvement Bonds, Series 1g41, dated December 1, 1941; (21) Out of the amount of $0.500 there is hereby appropriated $0.001 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Department Bonds, Series 1944, dated June 1, 1944; (22) Out of the amount of $0.500 there is hereby appropriated $0.003 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Improvement Bonds, Series 1948, dated June 1, 1948; (23) Out of said amount of $0.500 there is hereby appropriated $0.003 for the purpose of paying interest and creating the necessary sinking fund to pay Park Bonds, Series 1948, dated June 1, 1948; (24) Out of the amount of $0.500 there is hereby appropriated $0.008 for the purpose of paying interest and creating the necessary Sinking fund to pay Storm Sewer Bonds, Series 1948, dated June 1, 1948; (25) Out of the amount of $0.500 there is hereby appropriated $0.007 for the purpose of paying interest and creating the necessary sinking land to pay Sanitary Sewer Improve_ merit Bonds, Series 1948, dated June 1, 1948; -3- (26) Out of the amount of $0.500 there is hereby appropriated $0.007 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1948, dated June 1, 1948; (27) Out of the amount of $0.500 there is hereby appropriated $0.001 for the purpose of paying interest and creating the necessary sinking fund to pay Waterworks Improvement Bonds, Series 1941, dated December 1, 1941; (28) Out of the said amount of $0.500 there is hereby appropriated $0.005 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1951, dated. September 1, 1951; (29) Out of said amount of $0.500 there is hereby appropriated $0.003 for the purpose of paying interest and creating the necessary sinking fund to pay Airport Improvement Bonds, Series 1951, dated September 1, 1951; (30) Out of the said amount of $0.500 there is hereby appropriated $0.002 for the purpose of paying interest and creating the necessary sinking fund to pay Sanitary Sewer Improvement Bonds, Series 1951, dated September 1, 1951; (31) Out of said $mount of $0.500 there is hereby appropriated $0.002 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Improvement Bonds, Series 1951, dated September 1,.1951; (32) Out of said amount of $0.500 there is hereby appropriated $0.004 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1951, dated September 1, 1951; (33) Out of said amount of $0.500 there is hereby appropriated $0,003 for the purpose of paying interest and creating the necessary sinking fund to pay Public Park Bonds, Series 1952, dated July 1, 1952; (34) Out of the said amount of $0.500 there is hereby appropriated $0.020 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Bonds, Series 1954, dated February 1, 1954; (35) Out of the said amount of $0.500 there is hereby appropriated $0.025 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1954, dated February 1, 1954; (36) Out of the said amount of $0.500 there is hereby appropriated $0.004 for the purpose of paying interest and creating the necessary sinking fund to pay Street Right.of_Way Bands, Series 1954, dated February 1, 1954; (37) Out of the said amount of $0.500 there is hereby appropriated $0.007 for the purpose of paying interest and creating the necessary sinking fund to pay Traffic Control System Bonds, Series 1954, dated February 1, 1954; (38) Out of the said amount of $0.500 there is hereby appropriated $0.010 for the purpose of paying interest and creating the necessary sinking fund to pay Fire Station Bonds, Series 1954, dated February 1, 1954; ME (39) Out of said amount of $0.500 there is hereby appropriated $0.020 for the purpose of paying interest and creating the necessary sinking fund to pay Storm Sewer Bonds, Series 1954 -A, dated December 1, 1954; (40) Out of said amount of $0.500 there is hereby appropriated $0.007 for the purpose of paying interest and creating the necessary sinking fund to pay Traffic Control System Bonds, Series 1954 -A, dated December 1, 1954; (41) Out of said amount of $0.500 there is hereby appropriated $0.011 for the purpose of paying interest and creating the necessary sinking fund to pay Street Improvement Bonds, Series 1954 -A, dated December 1, 1954; and (42) Out of said amount of $0.500 there is hereby appropriated $0.003,for the purpose of paying interest and creating the necessary sinking hind to pay Fire Station Bonds, Series 1954-A, dated December 1, 1954; and (43) Out of said amount of $0.500 there is hereby appropriated $0.187 for the purpose of paying interest and creating the necessary sinking fund to pay General Obligation Bonds, Series 1955, dated December 1, 1955• SECTION 4. All taxes for the Year 1956 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 first day of October, 1956, and if the taxes levied for said year are not paid on or before January 31st next after be- coming 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 (1/2 of 1%) for each month or fraction thereof thereafter. Said interest shall be in addi- tion to such penalties as may 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 1956 is necessary and important to the people of the City and the further fact that the prepara- tion and completion of the tax rolls of the City for the Year 1956 is dependent upon the passage of this ordinance, and in order that said tax roll may be com- pleted and ready for the collection of said taxes when the same become due and payable as aforesaid, creates an emergency and an imperative public necessity requiring the suspension of the Charter rule providing that no resolution or ordinance shall be passed finally on the date of its introduction and that such ordinance or resolution shall be read at three several meetings of the City -5- Council, and the Mayor, having declared sueh emergency and necessity to exist, having requested the suspension of said Charter Rule and that this ordinance he passed finally on the date of its introduction and take effect and be in full force and effect from and after the passage of same, IT IS ACCORDINGLY PASSED AND APPROVED, This the day of July, A. D. 1956. ATTEST: City Secretary /� APPROVED AS TO LEGAL FORM: City At y� YOR THE -CITY OF CORPUS CHRISTI, TEAS In CORPUS C STly TEXAS 1955 TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS GENTLEMEN: FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FOREGOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPEN- SION 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 MEETfNG OF THE CITY COUNCIL. RESPECTFULLY, MAYOR THE CITY OF CORPUS CHRISTI, TEXAS TSE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: FARRELL Dv SMITH MINOR CULLI W. J. ROBERTS B. E. SIGLER r MANUEL P. MALDONADO THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE: FARRELL D. SMITH 7 MINOR CULLI W. J. ROBERT.; B. E. BILLER (x cy p MANIJEL P. MALDONADO 459