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ORDINANCE NO. 146 L.__. :x ~ . . , / 1-f fo STATE OF TEDS COURTY OF GUADALUPE CITY OF SCHER'i'Z I I I I On this, August 4, 1966, the City Council of the City of Schertz, Texas, regularly convened at a reg- ular meeting in the City Hall of the City of Schertz, Texas, with the following members present, namely: Roy W. Richard Raymond G. Koym Maltord Koch Leonard J. Kazben and Mayor Alderman Alderman Alderman G. W. Pickrell ABSENT: City Secretary Edgar T. Marx Ottemar A. Schertz Alde~ Alderman 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 1966 in and for the City of Schertz, Texas, hereinafter set forth. The ordinance was read in full and a full discussion and con- sideration thereof then ensued. Alderaan Raymond G. Koym IIIOved that said ordin- ance be passed and adopted. The II1Otion was se.conded by Alderman Leonard J. Kazben. Motion carried by the following vote: AYES: Mayor Roy W. Richard, and Aldermen Raymend G. Koym, Leonard J. Bluben and Malford Koch. HOES: HOlle Thereupon, the Mayor annouaced 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: . \.C , .. , .;. F4 , ," > l t ! . . .AN ORDIHAHCE NO. 146 LimiNG" TAXEs' FoR THE YEAR 1966 , f I WHEREAS" the City Council of the City of Schertz, Texa., has not passed and adopted an Qrdinance levying \'. . annual taxes for the year 1966, and it now considers it necessary and desirable, at this time, to ~ss such ordin- ance levying ad valorem taxes on all taxable property in the City of Schertz, for the year 1966, 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 General Fund purposes, that a tax of and at the rate of seventy-five cents ($0.75) on each one hundred dollars ($lOO.OO) assessed valuation of all ~ax- . .. able property in the City should be levied for the year 1966; and that to pay the interest on and to create the necessary sinking fund on the $301,000 CITY OF SCHERTZ SEWER SYSTFM BONDS, SERIES 1962, dated June 1, 1962,beretofore authorized by an ordinance passed and adopted on this day, that a tax of and at the rate of fifty cents ($0.50) on each one hundred dollars ($100.00) assessed valuation of all taxable property in the City should be levied for the year 1966, thereby making a total ad valorem tax levied for the year 1966, of and at the rate of one d.Uar twenty five cents ($1.25) on each one hundred dollars ($100.00) assessed valuation 01' 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 Gene.ral Fund purposes of the City of Schertz, Texas, there shall be,and there is aereby levied, .. .. . . a tax 01' and at the rate of seventy five cents ($0.75) on each one hundred dollars{tloo.OO) assessed valuation ofaal1 taxable property in the City of Schertz, Texas, for the year 1966. n That, to pay the interest on and to provide the necessary sinking fund on the issue of $301,000 CITY OF SCHERTZ SEWER SYSTEM BONDS, SERIES 1962, dated June 1, 1962, there shall be, and there is hereby levied on each one hun- dred dollars ($lOO.OO) assessed valuation of all taxable property in the City of Schertz, Texas, for the year 1966 a tax of and at the rate of fifty cents {to. 50). In That the total tax 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 1966 shall be of and at the rate of one dellarsand twenty five cents ($1.25), of which, a tax of and at the rate of seventy five cents ($0.75), as aforesaid, shall be and is hereby levied for General Fund purposes of said City, and of which, a tax of and at the rate of fifty cents ($0.50) " , 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 AND APPROVED THIS August 4-, 1966. ~~"~mJ~ . yor ity 0 c ertz, Texas ATTEST: klj;D,~'he~(/ " C1tr ~ecretary- 1ty 0 "SChertz, Texas (Seal of City) ~ (~ of- . . . I COUNTY OF GUADALUPE I I STATE OF TEXAS CITY OF SCHERTZ 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 COU1!l.cil of the City of Schertz, and approved by the Mayor of the City of Schertz, Texas, at a regular meeting held on August 4, 1966, at the regular meeting place 1n the City Hall in the City of Schertz, Texas, and that same appears of record in Book 2 of the Minutes of said City COU1!l.cil; and that I am the lawful possessor and custodian of such books and records of the City of Schertz, Texa~. WITNESS MY HAND AHD SEAL OF SAID CITY, this Aupst 4, 1966. ... iJ, if-.D1: 'JkQOO City secretary-~ity Jf~SChertz, Texas (Seal of City)