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2000T23-TAX RATEORDINANCE NO. AN ORDINANCE LEVYING AND WITHIN THE $CHERTZ, TEXAS, FOR THE YEAR 2000; PROVIDING T BASIS OF ASSESSMENT OF ONE HUNDRED PERCE (100%) APPRAISED VALUE AND PROVIDING FOR T COLLECTION THEREOF AT THE RATE OF 0.3406 ON TI ONE HUNDRED DOLLAR ($'100.00) ASSESSED VALUATION; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: ASSESSING ALL TAXABLE PROPEI;~TY CORPORATE LIMITS OF THE CITY 13F ~IE NT hiE tE 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 them shall be collected by such City a tax of 0,3405 on the one hundrod dollar ($100.00) assessed valuation for the year 2000. SECTION 2. THAT such tax is hereby levied and assessed in accordaneo with the applicable Statutes of the Stato of Texas, and such levy and assessment is made for the following purposes, to wit: (A) For the current expense and operation of the General Fund and its various Departments $ .3147 (B) For requirements of the Tax Bond Interest and Sinking Fund to meet the outstanding tax supported indebtedness of the City for Fiscal Year 1999-2000 $ .0258 TOTAL TAX RATE $ 0.3405 SECTION 3. THAT the Tax Assessor and Collector fo County, Texas is hereby directed to assess and collect taxes o' Schertz, Texas on the basis of one hundred percent (100%) of app~ for the year 2000, such basis of assessment being required to meet expenditures of the General Fund for the Fiscal Year 2000-2001 an( taxes thereof at the rate of 0.3405 assessed valuation as herein pro~ SECTION 4. THAT the Council hereby determines that a~ exists requiring immediate action, and this Ordinanco is heroby p emergency measure to be effective immediately upon its passa enactment of this Ordinance as an emergency measure in accord~ provisions of Section 4.09 (e) of the City's Home Rule Charter will the presentation of the public peaco, health, or safoty. r Guadalupe ~the City of 'aised values Ihe proposed collection of ided. ~ emergency assed as an Lge, and the ~nce with the contribute to PASSED, APPROVED AND ADOPTED this the//~ay of~eptem ,13er' 2000. , yor, C~ty l:}f Scherti:, Texas ATTEST: City of Schertz (SEAL OF CITY) The Director of Finance has certified to the availability of principal and interest on the following indebtedness during the Fis~ DATE OF ISSUE 1962 City of Schertz, Sewer System Bonds 1987 City of Schertz, General Obligation Bonds Principal $10,000.00 Interest 363.00 Total $10,363.00 Principal $45,000.00 Interest 1,463.00 1990 City of Schertz, General Obligation Bonds 1992 City of Schertz, Street Improvement General Obligation Bonds Total $46,463.00 Principal $32,500.00 Interest 4,259.00 Total $36,759.00 Principal $25,000.00 Interest 30,043.00 1995 City of Schertz, General Obligation, Refunding Bonds Total $55,043.00 Principal $33,750.00 Interest 5,148.00 Total $38,898.00 ~unds to pay Year ;l~ee- THE STATE OF TEXAS, PUBLISHER'S AFFIDAVIT County of Guadalupe Before me, the undersigned authority, on this date personally appeared _. ^. Reynolds, known to mo, who, boin§ by mo duly sworn, on his oath doposos and say's that ho is tho Cublishor of Tho Soguin Gazotto-F:ntorpriso, a nowspapor publishod in said county; that a copy of tho within and foro§oin§ notico was publishod in said nowspapor 1 timo the return day named therein, such publications being on the following d September 28, 2000 and a newspaper copy of which is hereto attacneo' ates' Sworn to and subscribed before me this ~~'~ day of September A D., 2000. Notary Public, Guadalupe County, Texas