HomeMy WebLinkAboutOrdinance - 8804-1985 - Ordinance Setting The Tax Rate And Levying A Tax Upon All Property - 08/08/1985II ,,
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First Reading<
August 8, 1985
Agenda Item #13
Second Reading
August 22, 1985
Agenda Item #7
ORDINANCE NO. 8804 _......_ ___ _
AN ORDINANCE SETTING THE TAX RATE AND LEVYING A TAX UPON ALL PROPERTY
SUBJECT TO TAXATION WITHIN THE CITY OF LUBBOCK, TEXAS, FOR THE YEAR 1985
APPORTIONING SAID LEVY AMONG THE VARIOUS FUNDS AND ITEMS FOR WHICH REVENUE
MUST BE RAISED; FIXING THE TIME IN WHICH SAID TAXES BE PAID AND ASSESSING
PENALTY AND INTEREST FOR NON-PAYMENT Of SUCH TAXES WITHIN THE TIME PRO-
VIDED.
WHEREAS, the City Council, after all notices have been given and
hearings held as provided by law, has determined the tax rate necessary to
produce the revenue necessary to operate the affairs of the City of Lubbock
for the next fiscal year; NOW THEREFORE:
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION 1. THAT there shall be levied and assessed upon all property
subject to taxation within the City of Lubbock, Texas, for the year of
1985, the sum of $.60 per One Hundred Dollars ($100.00) valuation thereof,
and the same shall be applied to the various funds in the following manner:
$.2947 per $100 valuation to the Interest and Sinking fund, allocated
among the existing Interest and Sinking Funds as shown on the attached
schedule;
$.2553 per $100 valuation to the General fund;
$.0500 per $100 valuation to the Board of City Development fund.
SECTION 2. THAT all ad valorem taxes shall be paid before the first
day of february, 1986, and taxes not paid by that time shall be increased
by such penalty and interest as provided by Chapter 30 of the Code of
Ordinances of the City of Lubbock.
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AND IT IS SO ORDERED
Passed by the City Council on first reading this 8th day of August, 1985.
Passed by the City Council on second reading this 22nd day of August, 1985.
ATTEST:
~e£~~j) anetteaYd, City Secretary
APPROVED AS TO CONTENT:
APPROVED AS TO FORM:
- 2 -
.. •
Series --------
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1978
1979
1980
1981
1982
1983
1984
GENERAL OBLIGATION BONDS
DEBT SERVICE FOR WHICH TAX IS LEVIED
FISCAL YEAR 1985-86
1985-86
Purpose of Issue Debt Service
----------------------------
General Obligation 152,925
General Obligation 131,844
General Obligation 214,415
General Obligation 182,080
General Obligation 187,575
General Obligation 427,175
General Obligation 761,100
General Obligation 432,022
General Obligation 706,875
General Obligation 106,163
General Obligation 124,320
General Obligation 196,555
General Obligation 781,550
General Obligation 633,400
General Obligation 2,081,330
General Obligation 1,532,300
General Obligation 2, 290.800
General Obligation 1,900,613
------------
12,843,042
Ordinance·#B804
Prorated in
percent of
0.2947
---------------
0.003509
0.003025
0.004920
0.004178
0.004304
0.009802
0.017465
0.009913
0.016220
0.002436
0.002853
0.004510
0.017934
0.014534
0.047759
0.035161
0.052565
0.043612
---------------
0.294700
THE STATE OF TEXAS
COUNTY OF LUBBOCK
I.
H-2315
Before me Dorotbr Rur.r.ell a Notary Public in and for Lubbock County .. Texas on this day
personally appeared Twlla Auf 11 I • Account Hanal!e r of the Southwestern Newspa-
pers Corporation. publishers of the Lubbock Avalanche-Journal -Morning. Evening and Sunday, who
being by me duly sworn did depose and say that said newspaper has been published continuously for more
than fifty-two weeks prior to the first insertion of this LeSe I Not ice
--------------No. 673861 at Lubbock County. Texas and the attached print-
ed copy of the Lel!D I Notice
Avalanche-Journal on the following dates:
370 ~ord1 -10t Per word
Account Manal!er
LUBBOCK AVALANCHE-JOURNAL
Southwestern Newspapers Corporation
is a true copy of the original and was printed in the Lubbock = OIJ,~aoz4, 31• asa t9as
Subscribed and sworn to before me this .A.1.tL day orSeptember . 19 85
¢ ••
FORMiS-10
'~"ro-lu~ N."''-"66RoTHY ~USStll
" f lhe State Of lextl$ Not~Jry Public In Mu or . 9 1988 My Commic;slon [llpm:s Nov. •
flEEs a.Afioeo .. ,,. coNNEc·
1'10N WITH THE! GARBAGE AND TRASH COI.LEI:nON II!R• VICE OF THE CITY; PROVII> · lNG A SAVINGS CLAUSE. AND . PROVIDING · FOR PUBLICA-. TION. · ORDiNANCE NO.IIOI
·AN ORDINANCE AMENOII'IG · SUCTION 28-tl OF THt! CODE OF ORDINANCE$ OF THE CITY OF
LUBBOCK,. 1'EXAS.: IN rn EN-TIRETY SO AS TO CHANGE THE RATES FO EWeR SERVICE WITHIN T CITY OF LUB· i eOCK EFF lYE OC:TOBI!R f,· 'I'JIS; PROVIDING A SAYINGS C:I.AUSa .IIIND PROVlDING FOR
PV81..1tATION. "" . . · ORDINANCE NO.II09 :
AN ORDINANCE OF THE CITY OP LUBBOCK AMENDING CER· TAIN PROVISIONS OF ORDI· • IIIANCE NO. UN. RELATING TO ·
·PROCEOURE5 f'OR GRANTING
OP FRANCHISES f'OR · tABLE .COMMUNICATION . SYSTeMS ANO THI · REGULATION OF SUCH SYSTEMS: AMENOIIIG . THE LUBBOCK CODE OF ORDI-NANCES; PROVIDING A SAV• INGI CLAIAEI ANO PROVIO. INOf'OR PUBLICATION. .