97-T-26 Taxable Property
.0-.,'
J.
ORDINANCE NO.
f1-j-c2.t
AN ORDINANCE
LEVYING AND ASSESSING ALL TAXABLE PROPERTY WITHIN
THE CORPORATE LIMITS OF THE CITY OF SCHERTZ,
TEXAS, FOR THE YEAR 1997; PROVIDING THE BASIS OF
ASSESSMENT OF ONE HUNDRED PERCENT (100%)
APPRAISED VALUE AND PROVIDING FOR THE COLLECTION
THEREOF AT THE RATE OF $0.3554 ON THE ONE HUNDRED
DOLLAR ($100.00) ASSESSED VALUATION AND DECLARING
AN EMERGENCY.
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 $0.3554
on the one hundred dollar ($100.00) assessed valuation for
the year 1997.
SECTION 2. THAT such tax is hereby levied and
assessed in accordance with the applicable Statutes of the
State of Texas, and 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
$0.3049
(B) For requirements of the Tax Bond
Interest and Sinking Fund to meet
the outstanding tax supported
indebtedness of the City for fiscal
---Yea r 19m ;"-r.J91f '
TOTAL TAX RATE
$0.0505
$0.3554
The Director of Finance has certified to the
availability of funds to pay principal and interest on the
following indebtedness during the Fiscal Year 1997-1998.
DATE OF ISSUE
1962 City of Schertz,
Sewer System Bonds
Principal
Interest
$12,000.00
2,247.50
$14,247.50
Total
-
. .
1987 City of Schertz, General
Obligation Bonds
Principal
Interest
$40,000.00
7,282.50
Total
$47,282.50
1990 City of Schertz,
Combination Tax and Limited
Pledge Revenue Certificates
of Obligation
Principal
Interest
$25,795.00
10,288.07
Total
$36,083.07
1992 City of Schertz,
Street Improvement General
Obligation
Principal
Interest
$25,000.00
33,573.76
Total
$58,573.76
1995 City of Schertz
Principal
Interest
$49,199.00
13,048.00
$62,247.00
Total
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
one hundred percent (100%) of appraised values for the year
1997, such basis of assessment being required to meet the
proposed expenditures of the General Fund for the Fiscal
Year 1997-1998 and collection of taxes thereof at the rate
of $0.3554 assessed valuation as herein provided.
SECTION 4. THAT the Council hereby determines that
an emergency exists requiring immediate action, and this
Ordinance is hereby passed as an emergency measure to be
effective immediately upon its passage, and the enactment
of this Ordinance as an emergency measure in accordance
with the provisions of Section 4.09(e) of the City's Home
Rule Charter will contribute to the preservation of the
public peace, health, or safety.
.-. '
AND ADOPTED this the ;I~ day of
~~
Mayor, City of Schertz, Texas
PASSED, APPROVED
September, 1997.
ATTEST:
~~~I
City Secretary, City of Schertz
(SEAL OF CITY)
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County of Guadalupe
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THE STATE OF TEXAS,
Before me, the undersigned authority, on this date personally appeared L. A. REYNOLDS
known
to me, who, being by me duly sworn, on his oath deposes and says that he is the Advertising Director of
The Seguin Gazette-Enterprise, a newspaper published in said county; that a copy of the within and fore-
gOIng
AD
was published in said newspaper ?
times before the return day named therein,
such publications being on the following dates:
SEPTEMBER 21, 1997
SEPTEMBER 25. 1997
and a newspaper copy of which is hereto attached.
Swam to and subscribed before me, this
26 day of SEPTEMBER
A.D., 19 97
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f~!,'''''*'' , ."f\ SARAHMEQRANQ
H . J.J 'NallllyNilic:S!Blliol1'e8
~, ;'. ,...i j My Commission EJCplres 07.22.2001
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Notary Public, Guadalupe County, Texas
-,
ORQINANCE' 0.97-T-26
LEVYING AN ASSESS-
ING All 1: 'LEPROP_
ERTY WITHIN HE COR-
PORAIE L1MI S OF THE
CITY OF SCHERTZ,
TEXAS, FOR THE YEAR
1997; PROVIDING THE
BASIS OF ASSESSMENT
OF ONE HUNDRED PER-
CENT (100%)APPRA/SED
VALUE AND ,PROVIDING
FOR: THE COLLECTION
,THEREOF AT THE RATE
.OF$O.3554 ON THE ONE
HUNDRED: DOLLAR
($100.00) ASSESSED VAL-
UATION ,AND DECLAR-
ING AN EMERGENCY.
PASSED, APPROVED
AND ADOPTED THE 16TH
DAY OF SEPTEMBER,
1997.
Nonna Althouse, City Sec-
retary .
.. ~
~
OR DIN '. E NO. 97-T-26
lEVYING ND ASSESS-
ING ALL T PROP-
ERTY ~~, 'ftiE, COR-
PORAT~UMtTS OF THE
CITY OF SCHeRTZ,
TEXAS, FOR'THE YEAR
1997; PROVIDING THE
BASIS_OEFH~,:t7~r;_
OF ON A.nnbiit~D
CENT (100"1o)~r~ G
VALUE ~D~~N
FOR TH :rfllE''RATE
6~E$~~~~lON fMe ONE
HUNDREb DOLLAR
($100.00) ASSESSED VAL-
UATION AND DECLAR-
ING AN EMERGENCY.
PASSED, APPROVED
AND ADOPTED THE 16TH
DAY OF SEPTEMBER,
1997.
Norma Althouse,
City Secretary,