HomeMy WebLinkAbout19948 ORD - 08/25/1987AN ORDINANCE
PRESCRIBING THE TAXES TO BE LEVIED, ASSESSED AND
COLLECTED BY THE CITY OF CORPUS CHRISTI, TEXAS,
FOR THE YEAR 1987 AND FOR EACH SUCCEEDING YEAR
THEREAFTER UNTIL OTHERWISE PROVIDED AND ORDAINED
AND SUCH OTHER YEARS AS THE SAME MAY BE APPLI-
CABLE; PROVIDING FOR EARLY DISCOUNT PAYMENTS;,
PROVIDING A SAVINGS CLAUSE; AND DECLARING AN
EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION 1: We, the City Council of the City of Corpus
Christi do hereby levy or adopt the tax rate on $100 valuation for
this city for tax year 1987 as follows:
$.41839 for the purpose of maintenance and operation
.16161 for the payment of principal and interest on debt of
this city
$.58000 total tax rate
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, Texas, for the year 1987, and for
each succeeding year thereafter, until otherwise provided and
ordained, an annual ad valorem tax of $.41839 on each One Hundred
Dollar 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 defrayment of current expenses of the government, including
but not limited to street improvement of said City. Said tax shall be
assessed upon 100 percent of the cash market value of property subject
thereto.
SECTION 3. 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 1987 and for
each succeeding year thereafter, until otherwise provided and
ordained, an annual direct ad valorem tax of $.16161 on each One
Hundred Dollars of value on all property, real, personal, and mixed,
and franchises described in Section 2 of this ordinance and assessed
upon 100 percent of the cash market value of property subject thereto,
said taxes to be appropriated for the purpose of creating a sinking
fund to pay the interest and principal maturities on all outstanding
City of Corpus Christi bonds not otherwise provided for, and including
the interest, agent fees, and maturities of the following City of
Corpus Christi bonds:
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19948 MICROFILMED
r
CITY OF CORPUS CHRISTI, TEXAS
GENERAL OBLIGATION BONDS AND INTEREST
MATURING AUGUST 1, 1987 - JULY 31, 1988
Interest and
Paying Agent
Principal Fees Total
1985 Refunding - General Improvement $6,455,000 $7,221,703 $13,676,703
1986 General Improvement 600,000 1,724,876 2,324,876
1987 General Improvement - Proposed 235,000 640,000 875,000
Total $7,290,000 $9,586,579 $16,876,579
In addition to ad valorem tax support totaling $10,127,367, the
balance of this debt incurred by the City of Corpus Christi shall be funded
from sources other than ad valorem taxes.
SECTION 4. That all taxes for the year 1987 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 August, 1987, and if
the taxes levied for said year are not paid on or before January 31 next after
becoming due, said taxes shall be deemed delinquent and interest shall be
charged upon the gross amount of the taxes due and penalty due until paid at
the rate authorized by Section 33.01, Texas Property Tax Code.
All taxpayers shall be allowed discounts for the payment of taxes
due in accordance with the terms of Article 31.05, Texas Property Tax Code, as
follows:
(a) Three percent if the tax is paid in October or earlier;
(b) Two percent if the tax is paid in November; and
(c) One percent if the tax is paid in December.
SECTION 5. That in addition to all other taxes, there is hereby
levied a tax in the nature of a street rental fee, as provided by Article
1175, Sec. 12, V.A.C.S., Texas, against all persons, firms or corporations
having any pipes, mains, conductors or other facilities in any public ways,
streets, alleys, utility easements, or water within the city limits of the
City of Corpus Christi as a part of a public utility system. Said charge
shall be based on the electricity, water, cable television, or other utility
service within the city limits. Said fee or tax is payable for each and every
calendar year, and shall be paid on or before March 1 next following the end
of such calendar year. Such payments shall be made to the Tax
Assessor -Collector of the City of Corpus Christi with a verified statement
showing the amount of such gross receipts for the respective year. A
reasonable charge for street rental fee aforesaid is hereby determined to be
four (4) percent of the gross receipts of such utility derived from the sale
of gas, electric energy, or water, cable television and/or other utility
service, including directory advertising, within the City of Corpus Christi
and is hereby levied in that amount. In the event this street rental fee
and/or occupation tax is by State Law prohibited, except as to a different
rate than as is hereby levied, then the rate is hereby fixed at the highest
rate permitted by State Law to be levied by the City. Any such public utility
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shall be liable for the payment of the tax hereby levied unless a
different rate of payment or other consideration is provided by
written agreement with the City.
SECTION 6. If for any reason any section, paragraph,
subdivision, clause, phrase, word or provision of this ordinance shall
be held invalid or unconstitutional by final judgment of a court of
competent jurisdiction, it shall not affect any other section,
paragraph, subdivision, clause, phrase, word or provision of this
ordinance, for it is the definite intent of this City Council that
every section, paragraph, subdivision, clause, phrase, word or
provision hereof be given full force and effect for its purpose.
SECTION 7. That upon written request of the Mayor or five
Council members, copy attached, to find and declare an emergency due
to the need to prescribe the taxes to be levied, assessed and
collected by the City of Corpus Christi, such finding of an emergency
is made and declared requiring suspension of the Charter rule as to
consideration and voting upon ordinances, or resolutions at three
regular meetings so that this ordinance is passed and shall take
effect upon first reading as an emergency measure this the 25th day of
August, 1987.
ATTEST:
ity Secretary
MAYOR
THE CITY_OF CORPUS CHRISTI
APPROVED:2 L DAY OF AUGUST, 1987
14.2 -
City Attorney
d3ord3
Corpus Christi, Texas
day of
, 19811
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasons set forth in the emergency clause of the foregoing ordinance
or resolution, an emergency exists requiring suspension of the Charter rule
as to consideration and voting upon ordinances or resolutions at three
regular meetings; I/we, therefore, request that you suspend said Charter rule
and pass this ordinance or resolution finally an the date it is introduced,
or at the present meeting of the City Council.
Respectfully, Respectfully,
99.045.01
Council Members
MOR
THE CITY OF CORPUS CHRISTI, TEXAS
The above ordinance was passed by the following vote:
Betty N. Turner
David Berlanga, Sr.
Leo Guerrero Q.64.Ae.
Frank Mendez !"
Clif Moss !-
Bill Pruet L4414
Mary Rhodes
Mary Pat Slavik CAA_)
Linda Strong
(Al 'I}
3.948
PUBLISHER'S AFFIDAVIT
STATE OF TEXAS, iss: AD #60276
. County of Nueces. f CITY OF C.C.
6A111-0 (ia
Before me, the undersigned, a Notary Public, this day personally came
IRIS YAP who being first duly sworn, according to law, says that he is the
of the Corpus Christi Caller and The Corpus Christi Times,
Daily Newspapers published at Corpus Christi, Texas, in said County and State, and that the publication of
NOTICE OF PUBLIC HEARING A public hearing; to consider the proposed tax rate
of which the annexed is a true copy, was published in .CALLER TIMES PUBLISHING COMPANY
on theL 7th_ day of AUGUST 19_8.7„ and once each. daY thereafter for ope
ACCOUNTING CLERK
consecutive. day
one Times.
II_ 27.60 t4na.e 1 -fol
IRIS YAP 1
Subscribed and sworn to before me thisl9.Y.b. day .A.UCiiST 19..$7
Notal Public, Nueces County, Tex
EUGENIA S. CORTEZ 6.30.89
NOTICE OF PUBLIC HEARING
A public hearing to consid- r*,
er the proposed tax rate for t .�
fiscal year 1987-88 will be ;4 - J.,py
conducted by the City Council N ttp --
in the Council Chamber of the I,a "N '
City Hall, 302 S. Shoreline, in ,GS A f'
the City of Corpus Christi, ' -Vo , W/
Texas on August 25, 1987, \.. Nom/
during the Regular Council y
Meeting which commences at„`
2,00 p Rt., at wheat time end ��e,''O 6f.1.1y.
place all persons and parties
and/or their agents interested
in this subject may appear
end be heard by the said City
Council.
GIVEN UNDER MY HAND
AND SEAL of the City of Cor-
pus Christi, Texas, this 29th
day of July. 1987.
/s/ Armando Chap
City Secretar�r
City of Corpus Chris{
PUBLISHER'S AFFIDAVIT
STATE OF TEXAS, In AD #16299
County of Nueces. f CITY OF C.C.
Before me, the undersigned, a Notary Public, this day personally came
IRIS YAP , who being first duly sworn, according to law, says that he is the
ACCOUNTING CLERK of the Corpus Christi Caller and The Corpus Christi Times,
Daily Newspapers published at Corpus Christi, Texas, in said County and State, and that the publication of
NOTICE OF PASSAGE OF ORDINANCE 46 1.9948 PRESCRIBING THE TAXES TO BE LEVIED,_
of which the annexed is a true copy, was published in
onthe? �s day of AUGUST
consecutive day
one
CALLER TIMES PUBLISHING COMPANY
195.7_., and once each day thereafter for sane.
Times.
$33 _35 4M,nct,p
IRIS YAP
Subscribed and sworn to before me this 3 rd day of SEPTEMBER
19...57
Notary Public, Nueces County, Texas
EUGENIA S. CORTEZ 6.30.89
ff
k NOTICE OF PASSAGE OF I
ORDINANCE # 19948 I
THE TAXES TO
BE LEVIEC, ASSESSED AND
COLLECTED BY THE CITY OF 1
FOR THE VEART1987 AND 1
FOR EACH SUCCEEDING
YEAR THEREAFTER UNTIL.
OTHERWISE PROVIDED AND
ORDAINED. AND SUCH OTH- - •-
ER YEARS AS THE SAME /'•
MAY BE APPLICABLE; PRO-
IDING FOR EARLY
ISCOUNT PAYMENTS, PRO- 1
/PRESCRIBING
A SAVINGS CLAUSE; 1
ND DECLARING AN EMER- I
ENCY
Was passed and approved
y the City Council of the City;.
Corpus Christi, Texas on
e 25th day of August,
87 The full text of said,
dinance is available to the
blic m the Office of the City
cretary.
/5/ Armando Chapa
City Secretary
City of Corpus Christi