HomeMy WebLinkAboutORD 1471 - ORD Levying and Assessing Ad Valorem TAx 1993
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ORDINANCE NO. 1471
AN ORDINANCE LEVYING AND ASSESSING AD VALOREM TAXES FOR TAX YEAR
1993; CONFIRMING AND GRANTING EXEMPTIONS; AND 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 the year 1993, based on
the City's tax rolls for tax year 1993 which have been prepared
and reviewed by the Harris County Appraisal District; and
WHEREAS, the tax rate for tax year 1993 must not only
provide funds sufficient for debt service on the City's bonds but
must also provide for maintenance and operation of the City; and
WHEREAS, the assessor and collector of taxes for the City
("Assessor") 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;
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
I CITY OF WEST UNIVERSITY PLACE, TEXAS:
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Section 1. The matters and facts set out in the preamble
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.
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i Section 2. The City Council hereby levies, assesses and
I adopts the following tax rate per $100 of valuation for tax year
1993, such tax being levied and assessed upon all property subject
to taxation by the City:
S 0.216
for purposes of maintenance and operation
S 0.159
for purposes of debt service
$ 0.375
total tax rate
Section 3. Such tax is hereby levied and assessed in
accordance with the terms and provisions of Article VIII of the
Ii City Charter and the Constitution and laws of the State of Texas,
:1 and such levy and assessment are made to provide funds for the
I, 1994 budget of the City for the purposes indicated.
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I Section 4. The Assessor is hereby directed to assess and
I collect taxes on all property subject to taxation by the City on
the basis of 100% of the assessed valuation thereof at the rate
set by this ordinance. The taxes levied hereby shall be
delinquent after January 31, 1994.
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ORDINANCE NO. 1471
Section 5. The City Council hereby confirms and regrants the
following exemptions, subject to the legal requirements applicable
to each exemption:
(i) $72,850.00 of the appraised value of the residence
homestead of individual who is 65 or older.
(ii) the statutory exemption for each disabled veteran.
Section 5. All ordinances and parts of ordinances in
conflict herewith are hereby repealed to the extent of the
conflict only.
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, neither the remainder of this ordinance, nor the
application of such word, phrase, clause, sentence, paragraph,
section or other part of this ordinance to any other persons or
circumstances, shall be affected thereby.
Section 7. 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 Act, 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 City Council ratifies, approves and
confirms such notices and the contents and posting thereof.
Section 5. This ordinance shall become effective
immediately upon adoption and signature.
f'l PASSED AND APPROVED ON FIRST READING, this~~~ of
tY.t~~ , 1993.
Voting Aye:
Voting Nay:
Absent:
(~AS~:~ AND APPROVED ON SECOND READING, this ~~ay of
~ ' 1993.
Voting Aye:
Voting Nay:
Absent:
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ATTEST:
(SEAL)
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ORDINANCE NO. 1471
Signed:
Bil~n ~
Mayor
A;:r~~
Jim Dougherty
City Attorney