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HomeMy WebLinkAbout813 09-25-1984ORDINANCE NO. 813 AN ORDINANCE ADOPTING A TAX RATE FOR THE CITY OF EULESS FOR THE YEAR 1984; PROVIDING FOR CERTAIN EXEMPTIONS THERETO; PROVIDING FOR PUBLICATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on August 28, 1984, the Euless City Council held a Public Meeting on a proposal to set a tax rate for the year 1984, 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 1984 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 .............. $0.3300 (b) For the Interest and Sinking Fund levied on the $100 valuation .............. $0.1100 Total Levy.... $0.4400 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 thirty (30 %) 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 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 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 regular meeting of the Euless City Council on the 11th day of September, 1984, by a vote of five ayes, zero nays, and zero abstentions. GIVEN SECOND READING, PASSED AND APPROVED at a regular meeting of th Euless City Council on the 25th day of September, 1984, by a vote of ayes, nays, and abstentions. APPROVED: i Harold D. bamue s, mayor ATTEST: Kay Rainey, C' y Secret G/ i ORDINANCE NO. ' ; PAGE TWO OF TWO