HomeMy WebLinkAbout859 09-10-1985ORDINANCE NO. 859
AN ORDINANCE ADOPTING A TAX RATE FOR THE CITY OF EULESS
FOR THE YEAR 1985; PROVIDING FOR CERTAIN EXEMPTIONS
THERETO; PROVIDING FOR PUBLICATION; AND DECLARING AN
EMERGENCY AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, on September 10, 1985, the Euless City Council held a Public Meeting on
a proposal to set a tax rate for the year 1985; and
WHEREAS, all citizens and interested persons were given an opportunity to be
heard regarding the proposed tax rate; ar:d
WHEREAS, due notice of such meeting was published according to law; and
NOW, THEREFORE, BE IT ORDAINED 13Y THE CITY COUNCIL OF IH[ CITY 01 LULESS, TLXAS:
SECTION 1
TIiAT the official tax rate for the City of Euless for the calendar year 1985 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
Emergency Clause. By the affirmative vote of four or more of its members, the
ity Council declares that this is an ordinance for the immediate preservation of
the public peace, property, health and safety, and is an emergency measure within
the meaning of Article II, Section 11, of the City Charter; and the requirement
that it be read at two meetings, as specified in such Section 11, is hereby
dispensed with.
SECTION 6
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 AND FINAL READING at a regular meeting of the Euless
City Council on the 10th day of September, 1985, by a vote of 4 ayes, 0 nays, and
0 abstentions.
APPROVED:
.� r � /�,
1
ATTEST:
Kay Rain y, City_.�ecrey
APPROVED ASj TO FORM:
ORDINANCE NO. 859, PAGE TWO OF TWO