HomeMy WebLinkAbout1038 11-13-1990ORDINANCE NO. 1038
AN ORDINANCE REVISING AND INCREASING THE RATE OF
INTEREST ACCRUING ON DELINQUENT AD VALOREM
TAXES OF THE CITY OF EULESS, TEXAS; PROVIDING FOR
PUBLICATION; PROVIDING A SEVERABILITY CLAUSE: AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, Section 33.01 of the Texas Property Tax Code provides for and
authorizes a rate of interest on delinquent ad valorem taxes of the City of Euless,
Texas, of one percent (1 %) for each month or portion of a month the tax remains
unpaid; and
WHEREAS, the City of Euless has provided for an interest rate not to exceed
nine percent (9 %) per annum on unpaid delinquent ad valorem taxes of the city; and
WHEREAS, to better assure the proper and timely collection of delinquent ad
valorem taxes and to fully compensate the city to the extent authorized by law for
the loss of the use of the funds represented by such delinquencies, it is the desire of
the City Council of the City of Euless, Texas, to increase, to the maximum rate
allowed by law, the interest accruing upon such delinquent accounts and to make
same retroactive to the date of such delinquency.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF EULESS, TEXAS:
I.
In addition to the penalty currently provided by law and ordinances of the City
of Euless, Texas, there is additionally imposed, levied and assessed on all unpaid ad
valorem taxes due the City of Euless from and after January 31 of the year following
the levy and assessment of such taxes interest at the rate of one percent (1%) for
each month or any part thereof that such delinquent taxes shall remain unpaid.
II.
The interest rate hereinabove provided shall apply to all ad valorem taxes of the
City of Euless delinquent and unpaid from and after January 31, 1982, and unpaid
from and after the effective date hereof.
III.
Publication. This ordinance shall be published in full as prescribed by the
Charter and the laws of the State of Texas in the same manner as provided for penal
ordinances of the city.
IV.
That it is hereby declared to be the intention of the City Council that the
sections, paragraphs, sentences, clauses and phrases of this ordinance are severable,
and if any phrase, clause, sentence, paragraph or section of this ordinance shall be
declared invalid or unconstitutional by the valid judgment or decree of any court of
competent jurisdiction, such invalidity or unconstitutionality shall not affect any of
the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance,
since the same would have been enacted by the City Council without the
incorporation in this ordinance of any such invalid or unconstitutional phrase, clause,
sentence, paragraph or section.
V.
This ordinance shall become effective on January 1, 1991.
PRESENTED AND GIVEN FIRST READING at a regular meeting of the Euless
City Council on the 23rd day of October 1990; by a vote of 5 ayes, 0 nays,
and 5 abstentions; GIVEN SECOND READING AND APPROVED at a regular
meeting of the Euless City Council on the 13th day of November 1990; by a vote
of 5 ayes, 0 nays, and 0 abstentions.
APPROVED:
Q' 04! X-56/ns'��
Harold Samuels, Mayor
ATTEST:
rusan Crim, ity Secretary
APPWVED AS TO
McFarland, City Attorney
MRM:0187a: ms1:101090
ORDINANCE NO. 1038
TAX INTEREST RATE DELINQUENCY ORDINANCE Page 2