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ORDINANCE NO. 165 ,.t " . .. . , . STATE OF TEXAS ~ I COmITY OF GUADllL UPE I I CITY OF SCHERTZ I !~S On this, June 1, 1967, 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 members present, namely: Roy W. Richard Raymond G. Koym Malford Koch Le onard J. Kazben Mayor Alderman Alderman Alderman and G. W. Pickrell City Secretary ABSENT: Edgar T. /fJaI"X Ottomar A. Schertz Alderman Alderman at Which time the following proceedings, among others, were had. to-wit: Mayor Roy W. Sichard introduced a proposed ordinance levying taxes for the year 1967 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. Alderman Leonard J. Kazben moved that said ordinance be passed and adopted. The motion was seconded by Alderman Malford C. Koch. Motion carried by the following voteJ AYES: Mayor Roy W. Richard, and Alderman Raymond G. Koym, Leonard J. Kazben and Malford Koch. NOES: None Thereupon. the Mayor announced the ordinance finally passed and adopted. and said ordinance as passed and adopted by the City COllllCil and approved by the Mayor of the City of ScheEtz, Texas is as follows: ". - . AN ORDJNAI.JCE NO. 165 LEVYING TAXES FOR mE YEAR 1967 WHEREAS, the City Council of the City of Schertz. Texas, has not passed and adopted an ordinance levying annual taxes for the year 1967, and it now considers it necessary and desirabJe. at this time, to pass such ordinance levying ad valorem taxes on all taxable property in the City of Schertz, for the year 1967, and 1,VHEREAS, this City Council, after due consideration, finds and determines that to pay the oGer;!iting 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 sixty cents ($0.60) on each one hundred dollars ($lCO.OO) assessed val'~ati,)n of all taxable property in the City should be levied for the year 1967; and that to pay the interest on and to cf'eate the necessary sinking fund on the $301.000 CITY OF SCHERTZ SE&ER SYSTEM BONDS, SERIES 1962, dated June 1, 1962, heretofore authorized by a,n ordinance passed and adopted on this day, that a tax of and at tee rate of forty cents ($0.40) on each one hundred ($100.00) dollars assessed valuation of all taxable property in the City should be levied for the year 1967, thereby making a total ad valorem tax levied for the year 1967, of and at the rate of one dollar ($1.00) on each one hundred dollars ($lJO.OO) assessed valuation of all taxable property in the City of Schertz, Texas; NOW, THEREFORE, BE IT ORDAINED BY '1'HE CITY COUNCIL ""' THE CITY OF SCHERTZ, TEXAS: I Tha.t, for r;eneral 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 valuati,Jr: of all taxable property in the City of Schertz, Texas, for the year 1967. . ~ . - . II 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 thereis hereby levied on each one hundred dollars ($160.00) assessed valuation of all taxable property in the City of Schertz, Texas, for the yea~ 1967 a tax of and at the rate of forty cents ($0.40). III That the total tax hereby levied on each one hundred dollars ($100.00) assessed valuation of all taxable property in t.he City of Schertz, Texas, for the year 1967 shall be of and at the rate of one dollar ($1.00), of which, a tax of and at the rate of sixty cents($0.60). 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 forty cents ($0.40) 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.1\fD A'PRQVlm THIS June 1. 1967. ~~A~ fil.flr~ May - ~ y 0 che z, Texas ATTEST: Ii, f~,j:~ /~h 0 C [/ Cit; kecretary - bity or 8~ertz. Texas (Seal of City) . , . COlmTY OF GUADALUPE I I ~ ~ STATE OF TEXAS CITY OF SCHERTZ I. G. W. Pickrell. City Secretary of the City of Schertz, Texas, 00 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 ordinan ce was duly and legally passed and adopted by the City Council of the City of Schertz, Texas. at a regular meet:ing held on June 1, 1967. at the regular meeting place in the City Hall in the City of Schertz. Texas. and that salre appears of record in Book 2 of the Minutes of said City Council; and that I am the law"ful possessor and custodian of such books and :rlBcords of the City of Schertz, Texas. ,nTNESS MY FAA"]) MTD SEAL OF SAID CITY. this June I. 1967. h t () i Cit~ ,~l~iiy ozt~;,~~rtz. Texas (Seal of City)