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ORDINANCE NO. 126 . . . STATE OF TEXAS I I I COUNTY OF GUADALUPE I I I CITY OF SCHERTZ On this, August 5, 1965, the City Council of the City of Schertz, Texas, regularly convened at a regular meeting in the City Hall of the City of Schertz, Texas, with the following mem- bers present, namely: Roy W. Richard Raymond G. Koym Ottomar A. Schertz Malford Koch Samuel R. Perryman Mayor Alderman Alderman Alderman Alderman and G. W. Pickrell City Secretary Alderman absent: Clifford L. Rowell at which time the following proceedings, among others, were had, to-wit: Mayor Roy W. Richard introduced a proposed ordinance levying taxes for the year 1965 in and for the City of Schertz, Texas, hereinafter set forth. The ordinance was read in full and a full discussion and consideration thereof then ensued. Alderman Raymond G. Koym moved that said ordinance be passed and adopted. The motion was seconded by Alderman Samuel R. Perryman. The motion carried by the following vote: AYES: Mayor Roy W. Richard, and Alderman Raymond G. Koym, Ottomar A. Schertz, Malford Koch and Samuel R. Perryman. NOES: None Thereupon, the Mayor announced the ordinance finally passed and adopted, and said ordinance as passed and adopted by the City Council and approved by the Mayor of the City of Schertz, Texas is as follows: . . ORDINANCE NO. 126 LEVYING TAXES FOR THE YEAR 1965 WHEREAS, the City Council of the City of Schertz, Texas, has not passed and adopted an ordinance levying annual taxes for the year 1965, and it now considers it necessary and desirable, at this time, to pass such ordin- ance levying ad valorem taxes on all taxable property in the City of Schertz, for the year 1965, and WHEREAS, this City Council, after due consideration, finds and determines that to pay the operating expenses of the City which will accrue for the ensuing year, herein referred to as the tax levy for Gen2ral Fund purposes, that a tax of and at the rate of sixty cents (~0.60) on each one hundred dollars (~lOO.OO) assessed valuation of all taxable property in the City should be levied for the year 1965; and that to pay the interest and principal requirements in the year 1965 on the outstanding CITY OF SCHERTZ FIRE ENGINE 4% WARRANTS, SERIES A - 1959, dated October 1, 1959, that a tax of and at the rate of five cents (~0.05) on each one hun- dred dollars (~lOO.OO) assessed valuation of all taxable property in the City should be levied for the year 1965; and that to pay the interest on and to create the necessary sinking fund on the $301,000 CITY OF SCHERTZ SEVER SYSTm~ BONDS, SERIES 1962, dated June 1, 1962, heretofore authorized by an ordinance passed and adopted on this day, that a tax of and at the rate of twenty-five cents (~O.25) on each one hundred dollars (~lOO.OO) assessed valuation of all taxable property in the City should be levied for the year 1965, there- by making a total ad valorem tax levied for the year 1965, of and at the rate of ninety cents ($0.90) on each one hundred dollars ($100.00) assessed valuation of all taxable property in the City of Schertz, Texas; NOW THEREFORE, . . . . BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: I That, for General Fund purposes of the City of Schertz, Texas, there shall be, and there is hereby levied, a tax of and at the rate of sixty cents ($0.60) on each one hundred dollars ($100.00) assessed valuation of all taxable property in the City of Schertz, Texas, for the year 1965. II That, to pay the interest and principal re&uire- ments due in the year 1965 on the outstanding CITY OF SCHERTZ FIRE ENGINE 4% WARRANTS, SERIES A - 1959, dated October 1, 1959, there shall be, and there is hereby levied on each one hundred dollars ($100.00) assessed valuation of all taxable property in the City of Schertz, Texa~, for the year 1965, a tax of and at the rate of five cents (~0.05). III That, to pay the interest on and to provide the necessary sinking fund on the issue of ~301,000 CITY OF SCHERTZ SEY{ER SYSTill~ BONDS, SERIES 1962, dated June 1, 1962, there shall be, and there is hereby levied on each one hun- dred dollars ($100.00) assessed valuation of all taxable property in the City of Schertz, Texas, for the year 1965, a tax of and at the rate of twenty-five cents ($0.25+. IV That the total tax hereby levied on each one hun- dred dollars (~plOO.OO) assessed valuation of all taxable property in the City of Schertz, Texas, for the year 1965, shall be of and at the rate of ninety cents (~0.90), of which, a tax of and at the rate of sixty cents (~0.60), as afore- . . said, shall be and is hereby levied for General Fund purposes of said City, and of which, a tax of and at the rate of thirty cents (~0.30), as aforesaid, shall be and is hereby levied for interest and sinking fund purposes, and said taxes hereby levied shall be applied to the purposes named. PASSED, ADOPTED A~D APPROVED this August 5, 1965. ATTEST: exas 4 r;{l'"). 'i. " (' H ir, ~. -I A.'Ao,ok 'L City Secretary-City of1lchertz, Texas (Seal of City) STATE OF TEL~S I I COUNTY OF GUADALUPE I I CITY OF SCHERTZ I I, G. W. Pickrell, City Secretary of the City of Schertz, Texas, DO HEREBY CERTIFY that the above and fore- going is a true and correct copy of an ordinance and the minutes pertaining to its adoption, which ordinance was duly and legally passed and adopted by the City Council of the City of Schertz, and approved by the ~ffiyor of the City of Schertz, Texas, at a regular meeting held on August 5, 1965, at the regular meeting place in the City Hall in the City of Schertz, Texas, and that same appears of record in Book 2 of the Minutes of said City Council; and that I am the lawful possessor and custodian of such books and records of the City of Schertz, Texas. WITNESS ~lY HAND AND SEAL OF SAID CITY, this August 5, 1965. (), Al~) \ [ ..~. -, ,,11f, f/j ,(',R),j; I ' City Secretary-C~ty of S ertz, Texas (Seal of City) I