HomeMy Public PortalAboutOrdinance No. 1283-14 09-16-2014
ORDINANCE 1283-14
AN ORDINANCE FIXING AND LEVYING CITY AD VALOREM TAXES
FOR THE CITY OF RICHLAND HILLS, TEXAS FOR THE YEAR 2014,
AND DIRECTING THE ASSESSMENT AND COLLECTION THEREOF;
PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City of Richland Hills, Texas (the "City") is a home rule city
acting under its charter adopted by the electorate pursuant to Article XI, Section 5, of
the Texas Constitution and Chapter 9 of the Local Government Code; and
WHEREAS, the City Council finds that a tax for the year 2014, hereinafter levied
for current expenses of the City and the general improvement of the City and its
property must be levied to provide the revenue requirements of the budget for the
ensuing year; and.
WHEREAS, the City Council further finds that taxes for the year 2014,
hereinafter levied are necessary to pay interest and to provide the required sinking fund
on outstanding bonds of the City issued for City purposes; and
WHEREAS, the tax rate proposed by the City Council exceeds the effective tax
rate for the year 2014; and
WHEREAS, public notice of the two required public hearings on the proposed tax
rate, stating the date, time, place, and subject matter of said public hearings, was given
as required by the laws of the State of Texas, and
WHEREAS, such public hearings were held on September 2, 2014 and
September 9, 2014, prior approval of such date being hereby ratified and confirmed by
the City Council, and all those wishing to speak on the proposed tax rate were heard;
and
WHEREAS, the City Council listened to the comments of the tax payers at the
public hearings and has determined that the proposed tax rate as set out below is in the
best interest of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF RICHLAND HILLS, TEXAS:
Section 1. For the current expenses of the City and for the general improvement of the
City and its property, there is hereby levied and ordered to be assessed and collected
for the year 2014 on all property situated within the limits of Richland Hills, and not
exempt from taxation by valid laws, an Ad Valorem tax at the rate of $.469092 per $100
of the assessed valuation of such property.
Section 2. For the purpose of paying interest and providing a sinking fund for the
payment of each issue of bonds issued for various City purposes, including the various
~,,, installments of principle falling due during the ensuing year on bonds issued for such
purposes, and for the purpose of paying interest and making provision for the sinking
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fund on such other bonds as may be issued for various City purposes during the
ensuing year, there is hereby levied and ordered to be assessed and collected for the
year 2014 on all property situated within the limits of Richland Hills, and not exempt
from taxation by valid laws, an Ad Valorem tax at the rate of $ 0.059002 per $100.00 of
the assessed valuation of such property.
Section 3. THIS TAX RATE WILL RAISE MORE TAXES FOR
MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 2.609% AND WILL
RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000
HOME BY APPROXIMATELY ZERO DOLLARS.
Section 4. It is hereby declared to be the intention of the City Council that the
sections, paragraphs, sentences, clauses, and phrases of this Ordinance are
severable, and if any section, paragraph, sentence, clause, or phrase of this
Ordinance shall be declared unconstitutional by the valid judgment or decree of
any court of competent jurisdiction, such unconstitutionality shall not affect any of
the remaining sections, paragraphs, sentences, clauses, and phrases of this
Ordinance, since the same would have been enacted by the City Council
without the incorporation in this Ordinance of any such unconstitutional section,
paragraph, sentence, clause or phrase.
Section 6. This Ordinance shall be in full force and effect from and after its passage
and publication as required by law, and it is so ordained.
PASSED AND APPROVED on this 16th day of September, 2014.
ATTEST: ~- ~
City Secretary athy Bou~
EFFECTIVE DATE:
APPROVED AS TO FORM AND LEGALITY:
City
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ayor Bill A
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