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HomeMy WebLinkAboutORD 1411 - ORD Levying & Assessing Valorem Tax Year 1991 ORDINANCE NUMBER 1411 AN ORDINANCE LEVYING AND ASSESSING AD VALOREM TAXES FOR TAX YEAR 1991. CONFIRMING AND GRANTING EXEMPTIONS. CONTAINING FINDINGS AND PROVISIONS RELATING TO THE SUBJECT. WHEREAS, the City of West University Place. Texas (the "City") has bonds outstanding which are payable from ad valorem taxes. and WHEREAS, although the ordinances authorizing such bonds contain general levies of taxes, it is necessary for the City Council to fix a specific rate of tax for tax year 1991, based on the City's tax rolls for tax year 1991 which have been prepared and reviewed by the Harris County Appraisal District. WHEREAS, the tax rate for tax year 1991 must not only provide funds sufficient for debt services on the City's bonds but must also provide for maintenance and operation of the City, WHEREAS, the assessor and collector of taxes for the City ("AssessorH) has certified an anticipated collection rate to the City Council. has performed the calculations required by Section 26.04 of the Texas Tax Code, has reported the tax rate and other information required to be reported to the City Council and has published the information required to be published, having been designated to do so by the City Council. WHEREAS. the City Council has caused notice of this meeting to be given and the City Council has otherwise complied with the Texas Tax Code, NOW. THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. The matters and facts set out in the preamble of this ordinance are found and determined to be true and correct, and the City Council adopts. confirms and ratifies all of the calculations, publications, notices and other preparatory steps preceding the consideration of this ordinance. Section 2. The City Council hereby levies, assesses and adopts the following tax rate per $100 of valuation for tax year 1991, such tax being levied and assessed upon all property subject to taxation by the City: $ 0.2555 for purposes of maintenance and operation $ 0.0695 for purposes of debt service l 0.325 total tax rate ~ "J -, , DI . . ..-. . . ,; ,.1,. , 11I..._ ___ '. I :. l ' I Ordinance Number 1411 Section 3. Such tax is hereby levied and assessed in accordance with the terms and provisions of Article VIII of the City's Charter and the Constitution and laws of the State of Texas. and such levy and assessment are made to provide funds for the 1992 budget of the City for the purposes indicated. Section 4. The Assessor is hereby directed to assess and collect taxes on all property subject to taxation by the City on the basis of 1001 of the assessed valuation thereof at the rate set by this ordinance. The taxes levied hereby shall be delinquent after January 31. 1992. Section 5. The City Council hereby confirms and regrants the following exemptions, subject to the legal requirements applicable to each such exemption: (i) $42,850.00 of the appraised value of the residence homestead of each individual who is 65 or older. (ii) the statutory exemption for each disabled veteran. Section 6. If any word. phrase, clause, sentence, paragraph, section or other part of this ordinance or the application thereof to any person or circumstance, shall ever be held to be invalid or unconstitutional by any court of competent jurisdiction, the remainder of this ordinance and the application of such word, phrase, clause, sentence, paragraph. section or other part of this ordinance to any other persons or circumstances shall not be affected thereby. Section 7. All ordinances and parts of ordinances in conflict herewith are hereby repealed to the extent of the conflict only. Section 8. The City Council officially finds, determines and declares that a sufficient written notice of the date, hour, place and subject of each meeting at which this ordinance was discussed, considered or acted upon was given in the manner required by the Open Meetings Law, TEX. REV. CIV. STAT. ANN. art. 6252-17, as amended. and that each such meeting has been open to the public as required by law at all times during such discussion, consideration and action. The Ci ty Counci 1 rati fi es , approves and confi rms such noti ces and the contents and posting thereof. Section 9. This ordinance shall become effective from and after its passage and signing as provided by law. PASSED AND APPROVED ON FIRST READING thi s 18th day of November, 1991. Voting Aye: Mayor Johnson, Councilmembers Duke, Kelly, Lang, Jenkins None Voting No: Absent: None 2 Ordinance Number 1411 PASSED AND APPROVED ON SECOND AND FIN/\L READING thi s 25th day of November, 1991. Voting Aye: Mayor Johnson, Councilmembers Duke, Kelly, Lang, Jenkins Voting No: Absent: None None Signed: ATTEST: ~1i ke Tanner Ci ty tvianager Approved as to Form: (SEAL) James l. Dougherty, Jr. City Attorney 3