HomeMy WebLinkAboutOrd 1519 - Ad Valorem 1995
ORDINANCE NO. 1519
AN ORDINANCE LEVYING AND ASSESSING AD VALOREM TAXES FOR TAX YEAR
1995; 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 1995, based on the City's
tax rolls for tax year 1995 which have been prepared, reviewed and certified by the Harris County
Appraisal District; and
WHEREAS, the tax rate for the tax year 1995 must not 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 THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF WEST UNIVERSITY PLACE, TEXAS:
Section I. 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
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ORDINANCE NO. 1519
$100 valuation for tax year 1995, such tax being levied and assessed upon all property subject to
taxation by the City:
$ 0,21
for the purposes of maintenance and operation
0,16
for purposes of debt service
$0.37
total tax rate
Section3. Such tax is hereby levied and assessed in accordance with the terms and
provisions of Article VIII 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 1996 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 I 00% of the assessed valuation thereofat the rate set by
this ordinance. The taxes levied hereby shall be delinquent after January L 1996.
Section 5. The City Council hereby confirms and regrants the following exemptions,
subject to the legal requirements applicable to each exemption:
(A) $72,850.00 ofthe 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 repealed
to the extent of the conflict only.
Section 7. If any word, phrase, clause, sentence, paragraph, section or other pan 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 compe tent 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.
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ORDINANCE NO. 1519
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 Act,
Chapter 551 , Texas Local Government Code, 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 9,
This ordinance shall become effective immediately upon adoption and
signature,
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PASSED AND APPROVED ON FIRST READING, this /3 day of ~.-/.c.,--
, 1995.
Voting Aye:
Voting Nay:
Absent:
PASSED AND APPROVED ON SECOND READING, thiS&i1y ofL~c-r1995.
Voting Aye:
Voting Nay:
Absent:
~aylynn Holloway
City Secretary
Signed'
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/~e> ~~C4-biG
Bill Watson
Mayor
APP~O~ lfO FORM
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Jim Dougherty
City Attorney
(SEAL)
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