HomeMy WebLinkAboutOrd 1565 - ad valorem 1997
ORDINANCE NO. 156~
AN ORDINANCE LEVYING AND ASSESSING AD VALOREM TAXES FOR TAX
YEAR 1997; CONFIRMING AND GRANTING EXEMPTIONS; AND CONTAINING
FINDINGS AND PROVISIONS RELATING TO THE SUBJECT.
WHEREAS, the City of West Uniyersity Place Texas (the "City") has bonds outstanding
which are payable from ad yalorem taxes; and
WHEREAS, although the ordinances authorizing such bonds contain general leyies of
taxes, it is necessary for the City Council to fix a specific rate of tax for the year 1997, based on
the City's tax rolls for tax year 1997 which have been prepared, reviewed and certified by the
Harris County Appraisal District; and
WHEREAS, the tax rate for the tax year 1997 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 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 mEREFORE, 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 an adopts the. following tax rate
per $100 valuation for tax year 1997, such tax being leyied and assessed upon all property subject
to taxation by the City:
$0.21
~
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For the purposes of maintenance and operations
For the purposes of debt service
Total tax rate
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Section 3. Such tax is hereby leyied and assessed in accordance with the terms an
proyisions of Article vrn of the City Charter and the Constitution and laws of the State of Texas
and such levy and assessment are made to provide funds for the 1998 budget of the City for th
purposes indicated.
Section 4. The Assessor is hereby directed to assess and collect taxes on all propert
subject to taxation by the City on the basis of 100% of the assessed valuation thereof at the rate se
by this ordinance. The taxes levied hereby shall be delinquent after January 31, 1998.
Section 5. The City Council hereby confirms and re-grants the following exemptions
subject to the legal requirements applicable to each exemption:
(A) $72,850.00 of the appraised value of the residence homestead of an
individual who is 65 years of age or older.
(B) the statutory exemption for each disabled veteran.
Section 6. All ordinances and parts of ordinances in conflict herewith are hereby repeale
to the extent ofthe conflict only.
Section 7. H any word, phrase, clause, sentence, paragraph, section or other part of thi
ordinance or the application thereofto any person or circumstance, shall ever be held to be invalid 0
unconstitutional by any court of competent jurisdiction, neither the remainder of this ordinance, no
the application of such word, phrase, clause, sentence, paragraph, section, or other part of thi
ordinance to any other persons or circumstances, shall be affected thereby.
Section 8. The City Council officially finds, determines and declares that a sufficien
written notice of the date, hour, place and subject of each meeting at which this ordinance wa
discussed, considered, or acted upon was giyen in the manner required by the Open Meetings Ac
Chapter 551, Texas Local Goyemment Code, as amended, and that each such meeting has been ope
to the public as required by law at all times during such discussion, consideration and action. Th
City Council ratifies, approves and confirms such notices and the contents and posting thereof.
Section 9.
signature.
This ordinance shall become effective immediately upon adoption an
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PASSED AND APPROVED ON FIRST READING, this A'J day of ~~
1997.
Voting Aye:
Voting Nay:
Absent:
PASSED AND APPROVED ON SECOND READING, this ffiay of
1997.
Voting Aye:
Voting Nay:
Absent:
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Sig~*:-2~
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(SEAL)
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