HomeMy WebLinkAbout1034 09-11-1990ORDINANCE NO. 1034
AN ORDINANCE ADOPTING A TAX RATE FOR THE CITY
OF EULESS FOR THE YEAR 1990; PROVIDING FOR
CERTAIN EXEMPTIONS THERE; PROVIDING FOR A
DATE ON WHICH TAXES BECOME DELINQUENT;
PROVIDING FOR A PENALTY AND INTEREST TO AN
EFFECTIVE DATE HEREOF; PROVIDING FOR A 15%
COLLECTION FEE TO AN EFFECTIVE DATE HEREOF;
PROVIDING FOR PUBLICATION AND AN EFFECTIVE
DATE.
WHEREAS, on August 28, 1990, the Euless City Council held a
public hearing on a proposal to set a tax rate for the year 1990;
and
WHEREAS, all citizens and interested persons were given an
opportunity to be heard regarding the proposed tax rate; and
WHEREAS, due notice of such meeting was published according to
law; and
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
EULESS, TEXAS:
SECTION 1
THAT the official tax rate for the City of Euless for the
calendar year 1990 be and the same is hereby adopted by the
Euless City Council as hereinafter set forth.
SECTION 2
THAT there shall be and there is hereby levied the following
taxes on each one hundred dollars ($100.00) valuation on all
taxable property within the City of Euless, Texas, to be assessed
and collected by the Tax Assessor and Collector for the year, and
collected for the purposes hereinafter stipulated, to -wit:
(a) For the General Fund levied on $100 valuation
. . . . . . $ .38538
(b) For the Interest and Sinking Fund levied on the
$100 valuation
. . . . . . $ .15547
Total Levy $ .54085
SECTION 3
THAT there shall be exempted from the valuation of all
residential homesteads for which proper application shall have
been made, an amount equal to twenty percent (20 %) of the
assessed value of such residential homestead. The exemption
shall be granted to any such residential homestead. The
exemption shall be granted to any such residential improvements
qualifying for same as provided by law.
SECTION 4
THAT there shall be exempted the sum of twenty -one thousand, five
hundred forty Dollars ($21,540.00) of the assessed value of
residence homesteads of residents of the City of Euless, Texas,
who are sixty -five (65) years of age or older, from all ad
valorem taxes thereafter levied by such City.
SECTION 5
THAT the taxes assessed and levied hereby are due and payable on
October 1, and shall be payable not later than January 31. The
penalties and interest provided for herein shall accrue after
this date. However, if the entire taxes due are paid in full by
January 31, no penalty or interest shall be due.
SECTION 6
THAT in addition to the taxes assessed and levied herein, there
is also assessed and levied a penalty for the failure to pay
taxes due as herein specified in the amount of 6% for the first
month, plus 1% each additional month, until the penalty shall be
12% on the total taxes due, and in addition thereto, there is
hereby levied and assessed interest at the rate of one (1) per
cent per month of any part thereof of all taxes allowed to become
delinquent by the failure or refusal to pay the taxes as herein
specified. (See Appendix A)
SECTION 7
THAT in addition to the taxes and penalty and interest assessed
and levied herein, there is also assessed and levied a 15%
collection fee on all taxes and penalty and interest that become
delinquent and remain unpaid on July 1.
ORDINANCE NO. 1034
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SECTION 8
EFFECTIVE DATE. This ordinance shall be in full force and
effect and after its passage as provided by the Euless City
Charter and the laws of the State of Texas.
PRESENTED AND GIVEN FIRST READING at a regular meeting of the
Euless City Council on the 28th day of August, 1990, by a vote of
t ayes, 0 nays, and 0 abstentions.
GIVEN SECOND AND FINAL READING at a regular meeting of the Euless
City Council on the 11th day of September, 1990, by a vote of
4 ayes, 0 nays, and 0 abstentions.
APPROVED:
�Z/1�6Kd1 i4J!•
Harold D. Samuels, Mayor
ATTEST:
l
Susan Crim City Secretary
AIPPR20AS TO FORM:
City Attorney
ORDINANCE NO. 1034
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