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for valuations to be employed by the Tax Assessor of Kerr County, Texas, as well as clerical
procedures to be employed in takinn renditions for 1977 ad valorem taxes; and it appearing to
the Court that certain guidelines should be established to tu.rnish the basis for such valua-
tions as well as clerical procedures to he employed, it is therefore ordered and the Tax
Assessor of Kerr County is hereby instructed to list the full market value of all properties
rendered for 1977 with the ratio of valuations to be employed to be determined subsequently;
And it is further ordered that these properties for which exemption from ad valorem taxes
are claimed pursuant to provisions of Article 7150, Revised Civil Statutes, or other applicable
laws shall be separately listed by the owners thereof, together with the basis for claiming
exemption from taxation, provided that this requirement shall not extend to the properties
owned by the United States of America, the State of Texas or any of its political subdivisicns
or to any school district.
On motion by Commissioner Stone, seconded by Commissioner Sallee, the foregoing order
was unanimously approved, this the 13th day of September, 1976.
o-o-o-o-o-o-o-o-o-o
NO. 12775 ACCEPTANCE OF 1975 AUDIT AND PAYMENT OF SAME
On this the 13th day of September 1976, upon motion made by Commissioner Schwethelm,
seconded by Commissioner Bartel, the Court unanimously approve=d that the Audit of the Kerr
County Records for 1975, as made by Pressler, Thompson and Co?npany be accepted and that their
claim in the amount of $9332.03 for their services be paid anc3 that the Clerk and Treasurer
be authorized to draw a voucher on the General Fund for payment of same.
o-o-o-o-o-o-o-o-o-o
NO. 12776 APPROVAL OF RENTAL INCREASE FOR STORAGE BUILDING
~n this the 13th day of September 1976, upon motion made by Commissioner Sallee, seconded
by Commissioner Schwethelm, the Court unanimously approved the rental increase for the Stora,e
Building, retroactive to August 1, 1976, from $160.00 to $185,.00 per month, payable to B. D.
Drury
o-o-o-o-o-o-o-o-o-o
NO. 12777 ORDER AUTHORI"LING INVESTh?ENT OF SUi2PLUS FiJ27D5 OUT OF COURTHOUSE RENOVATION FUND,
r'. M. & LATERAL ROAD FUND, COURTHOUSE: ~ JAIL BOND SIt7KING & CERTIFICATES OF
OBLIGATION FUi7D AND SPECIAL RESERVE FUP7D
On this thr ?3th day of September 1976, came on to be heard and considered by the Court
the matter of investing certain funds currently on deposit as listed below:
FUND
Courthouse Renovation Fund
r^^. N!. & Lateral Road Fund
PF,RIOD OF TIA:E
To mature January 10, 19'77
T~ mature Janua.rv 10, 177
Courthouse & Jail Bond Sinking Fund To mature February 1, 1977
AP1 OUNT
$ 92,091.37
$llo,ooo.no
$ 6,323.77
Certificates of Obligation Sinking
Fund To mature February 1, 1Q"77 $ B93.~3
~necial Reserve Fund To mature January 10, 19"77 $ 12,194.3E
and that these funds should be invested as soon as current Certificates of Deposits mature
anc the proceeds thereof are deposited to the credit of Kerr County, pending possible need of
these funds for expenditure, it is ordered on motion by Commissioner Bartel, seconded by
Commissioner Stone and unanimously approved by the Court that the sum of $92,091.37 out of
the Courthouse Renovation Fund, $].10,000.00 out of F. t:. & Lateral Road Fund $6,3?3.77 out
of Courthouse & Jail Bond Sinking Fund and $893.03 out of Certificates of Obligation Sink-
and 512,1.94.36 out of Sper_ial Reserve Fund, J
inr Fund,/be invested in Interest Bearing Certificates of Deposits, with the Chas. Schreir,^?-
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Bank, which investments shall be made es soon as practicable and that such Certificates