HomeMy WebLinkAbout719 10-26-1982ORDINANCE NO. 719
AN ORDINANCE ADOPTING A TAX RATE
FOR THE CITY OF EULESS FOR THE YEAR 1982;
PROVIDING FOR PUBLICATION;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, on September 28, 1982, the Euless City Council held a Public
Hearing on a proposal to increase tax revenues for the year 1982; and
WHEREAS, all citizens and interested persons were given an opportunity
to be heard regarding the proposed revenue increases; and
WHEREAS, due notice of such hearing was published according to law; and
WHEREAS, at the conclusion of such hearing, the Euless City Council set
the date, time, and place for a public meeting to vote on a tax rate; and
WHEREAS, on October 4, 1982, the Euless City Council, after published
notice as required by law, did hold such meeting and did officially set and adopt
the tax rate for the City of Euless for the year 1982.
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
1982 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
......................... $0.5600
(b) For the Interest and Sinking Fund levied on the $100 valuation
......................... $0.1400
Total Levy ........ $0.7000
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 (20%) percent of the assessed value of such residential homestead. The
exemption shall be granted to any such residential improvements qualifying for
same as provided by law.
SECTION 4
Effective Date. This ordinance shall be in full force and effect from 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 called meeting of the
Euless City Council on the 4th day of October, 1982, by a vote of 5 ayes, 0 nays,
and 0 abstentions.
GIVEN SECOND READING at a regular meeting of the Euless City
Council on the 12th day of October, 1982, by a vote of 4 ayes, 0 nays, and 0
abstentions.
GIVEN THIRD READING, PASSED, AND APPROVED at a regular meeting
of the Euless City Council on the 26th day of October, 1982, by a vote of 5
ayes, 0 nays, and 0 abstentions.
ATTEST:
Kay iney, City ?�'e ary
APPROVEPY A6 TO _FORM:
l
ty Attorney
APPROVED:
a/to
Harold D. Samuels, Mayor