79-T-17
ORDINANCE NO. 71-7-/1
AN ORDHlANCE
LEVYING AND ASSESSING ALL TAXABLE PROPERTY WITHIN THE
COPRPORATE LIMITS OF THE CITY OF SCHERTZ, TEXAS, FOR
THE YEAR 1979, PROVIDING THE BASIS OF ASSESSMENT OF 50%
APPRAISED VALUE AND PROVI DING FOR THE COLLECTION
THEREOF AT THE RATE OF $1.00 ON THE ONE HUNDRED
DOLLAR ($100.00) ASSESSED VALUATION.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS:
SECTION 1. That there is hereby levied and assessed against
all taxable property, both real and personal, within the corporate limits
of the City of Schertz, Texas, and there shall be collected by such City,
a tax of $1.00 on the one-hundred dollar ($100.00) assessed tax valuation
for the year 1979.
SECTION 2. Such tax is hereby levied and assessed in
accordance with the applicable Statutes of the State of Texas, such levy
and assessment is made for the following purposes, to-wit:
(A) For current expense and operation of the
General fund and its various departments $ .81
(B) For requirements of the Tax Bond Interest
and Sinking Fund to meet the outstanding
tax supported indebtedness of the City
for Fiscay Year 1979-80 $ .19
TOTAL TAX RATE $1.00
The City Treasurer has certified to the availability
of funds to pay the principal and interest on the
following indebtedness during the Fiscal Year
1979-80:
DATE OF ISSUE
1962
City of Schertz, Sewer System Bonds
Principal
Interest
$ 7,000.00
$ 7,902.50
$14,902.50
1969
City of Schertz, Fire Department
Time Warrants Principal
Interest
$ 3,000.00
$ 180.00
$ 3,180.00
1972
City of Schertz, Street Improve-
ment Bonds Principal
Interest
$ 3,000,00
$ 8,051.00
$11,051.00
1975
City of Schertz, Park Improve-
ment, Street & Drai nage Bonds Pri nci pa 1
Interest
$ 5,000.00
$15,820.00
$20,820.00
c .
,
.
SECTION 3. That the Tax Assessor and Collector for the City
of Schertz, Texas, is hereby directed to assess and collect taxes of the
City of Schertz, Texas, on the basis of 50% of appraised values for the
year 1979, such basis of assessment being required to meet the proposed
expenditures of the General Fund for the Fiscal Year1979-80 and collection
of taxes thereof at the rate of $1.00 assessed valuation as herein provided.
SECTION 4. This ordinance shall take effect and be in force
immediately from and after its passage and approval as required by law.
PASSED, APPROVED AND ADOPTED this the
~ ,197Cj
~
day of
~c~/
Mayor, City of Schertz, Texas
ATTEST:
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~[5CHERTZC\>
l'1I8ImwIcBNQ.~K
t.1f ,.oaDINMlCE :-c{>.RQ.
m:lINO -nxnsl'OR mE
~ YEAR'BBGDOONG
OC'roBEIl,I. '1m Am) EN,
DING SEPTEMBER 30,1980
"BY APP,ROVIN<! - THE
I'IUDGEr;li.~OR _ '1l.uD
PERIOD ,:irAND 0' ,'Ai'-
PROPRIATING -, -:.T,HE
NECESSARY' FtlNOO' OUT
OF ';.1'BE- 'GENERAL..:AND
OmBRltEVENOESOFTBE
CITY llFllCHERTZ.TEXAS,
FOR BAm YEAlrFOltTHE
MAINTENANcg:"~'''ND
OPERATI01F.;o'P'l"'THE
VARIOUSrDEPARTMENTS
t.N1l"FOR'!fVARIOUS 'lliC-'
TIVITIES":"'lI.ND' ~,''lM.
PROYEMENTS.OFTHE ,CI-
TY;! AND -STlPVLATING
EMERGENCY,.ADOPnONi ','
!Pased,aJlll1'1M'C!8Dd~
~~""~~_city
1.,;;".;J:;l'~:<::_~::~,
;'Ai..n-fA,N ORDINANCE' '.. o;.~,> .:
LEVYING AND'ASSESSING
AIL ,TAXAlIIEPROPERTY'
Wl11IIN 'THE'-OOBPORATE
LIMITS OF TIIE'ClTY.-OF
SCHERTZ, TEXAS FOR THE
YEAR ':1971,," PROVIDING
THE;;BMLS':i.OF ,ASSESS-
MENT . OF,:.APPltAISED
VALUE,,;um,''PBOVIDING
FOR THE COLLECTION:
rHEREOF,AT ,TIlE RATE
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