HomeMy Public PortalAboutOrdinance No. 560-86 09-08-1986 ORDINANCE NO. 560
• AN ORDINANCE APPROVING THE TAX ROLL, PROVIDING AN OVER 65
EXEMPTION, PROVIDING FOR THE LEVY AND COLLECTION OF AN AD
VALOREM TAX ON PROPERTY SITUATED WITHIN THE CORPORATE
LIMITS OF THE CITY OF RICHLAND HILLS, TEXAS, ON THE 1ST
DAY OF JANUARY, 1986, EXCEPT SUCH PROPERTY AS MAY BE
EXEMPT FROM TAXATION BY THE CONSTITUTION AND THE STATUTES
OF THE STATE OF TEXAS: ESTABLISHING A DELINQUENT DATE &
SETTING THE RATE OF PENALTY & INTEREST ON THE DELINQUENT
TAXES; DECLARING A FIRST, PRIOR & SUPERIOR LIEN ON REAL
AND PERSONAL PROPERTY AS OF JANUARY 1, 1986, TO SECURE
PAYMENT; ORDAINING OTHER MATTERS RELATING TO THE SUBJECT
AND DECLARING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RICHLAND
HILLS, TEXAS:
1. That the tax rolls, as presented to the City Council, together
with any supplement thereto, be, and the same are hereby approved.
2. That there is hereby levied and shall be collected as provided
by law an ad valorem tax for the year 1986,. on all property, real
or personal, except for such property as may be exempt from tax-
ation by the Constitution and the Statutes of the State of Texas,
situated within the corporate limits of Richland Hills, Texas, on
January 1, 1986, and that the amount to be applied to the value of
• such property shall be $.2984 per hundred dollars of assessed val-
uation.
3. From and after January 1, 1986, twenty thousand dollars ($20,000)
of the assessed value of residence homesteads, as defined by law, of
persons who have attained the age of sixty-five (65) years on or be-
fore January 1st of the year for which. the exemption is claimed shall
be exempt from .the City ad valorem taxes, provided, however, that
where the ad valorem tax has heretofore been pledged for the payment
of any debt, the taxing officers of the City shall have authority to
continue to levy and collect tax against the homestead property at the
same rate as the tax so pledged until the debt is discharged, if the
cessation of the levy would impair the obligation of the contract by
which the debt was created.
4. That the tax so levied and assessed shall be apportioned to the
accounts and funds in the amount set forth:
GENERAL FUND $.2984
Collection of the Taxes levied shall be deposited to the credit
of the above accounts and funds as they are received.
5. That the taxes provided for herein are in accordance with
appropriate State Statutes.
•
6. Ad Valorem Taxes levied by this Ordinance shall be due and payable
• October 1, 1986, and shall become delinquent on the first day of
February, 1987. Payment of such taxes is due in one full installment.
7. If the tax is unpaid after February 1, 1987, such tax will become
delinquent and penalty and interes.t~,vill attach and accrue as provided,. by tY
Statutes of the State of Texas.
8. Taxes herein levied and uncollected shall be a first and prior
lien against the property, and the said lien shall be superior and prior
to all other liens, charges and encumbrances .and such lien shall attach
to personal property with the same priority as real property.
9. The lien herein shall be attached as of January 1, 1986.
10. Should any section, provision or clause of the Ordinance be declared
by a court of competent jurisdiction to be invalid, the same shall not
affect the validity of this Ordinance as a whole or any part thereof
other than the part so declared to be invalid.
11. This Ordinance shall become effective from and after the date of
its approval and adoption as provided by law.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF RICHI,AND HILLS,
TEXAS, ON THE 8th DAY OF SEPTEMBER, 1986, BY A VOTE OF 4 "AYES"
& 0 "NAPES ee .
•
APPROVED:
aul C. Daniels, Mayor
ATTEST: APPROVED AS TO LEGALITY AND FORM:
Pauline Kempe, Ci y Secretary Wayne hne, City Attorney