0250ORDINANCE NO. 250
AN ORDINANCE PROVIDING FOR THE I,EVY AND
COI,I,ECTION OF AN AD VALOREM TAX ON PROPERTY
SITDATED WITHIN TItE CORPORATE LIMITS OF THE
CITY OE SOUTHLAKE, TEXAS, ON TIlE 1ST DAY
OF JANDARY 1979, EXCEPT SUCH PROPERTY AS MAY
BE EXEMPT FROM TAXATION BY THE CONSTITUTION
AND STATUTES OF TIlE STATE OF TEXAS: ESTABLISH-
ING A DELINQUENT DATE: AND SETTING THE RATE
OF PENALTY AND INTEREST AND PRESCRIBING
ATTORNEY'S FEES TO BE COLLECTED ON DELINQUENT
TAXES: DECLARING A FIRST, PRIOR AND SUPERIOR
LIEN ON ALL REAL AND PERSONAL PROPERTY AS OF
JANUARY 1ST, 1979, TO SECURE PAYMENT: ORDAINING
OTHER MATTERS RELATING TO TIlE SUBJECT AND DECLARING
AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,
TEXAS:
That there is hereby levied and shall be collected as
provided by law an ad valorem tax for the year 1979 on
all property, real or personal, except such property
as may be exempt from taxation by the Constitution and
the Statutes of the State of Texas, situated within
the corporate limits of the City of Southlake, Texas,on
January 1,1979, and that the amount to be applied to
the value of such property shall be SIXTY-FIVE CENTS
(65¢) per hundred dollars of assessed valuation.
That the tax so levied and assessed shall be apportioned
to the following accounts and funds in the amounts set
forth:
GENERAL FUND ..................... $ 0.51
GENERAl, OBLIGATION BOND INTEREST
AND SINKING FDND ................. 14
TOTAl. LEVY ...................... $ 0.65
Collections of the taxes levied shall be deposited to
the credit of each of the above accounts and funds in
their proportionate share of the total levy after
taking into consideration a 2 % uncollectable factor
which is to be accounted for in the General Fund.
That the taxes provided for herein are in accordance
with appropriate State Statutes.
Ad Valorem Taxes Levied by this Ordinance shall be
due and payable on October 1,1979, and shall become
delinquent on the first day of February, 1980.
Payment of such tax is due in one full installment.
l~ ~he TAX is unpaid after February 1,1980, such tax
will become delinquent and penalty and interest
will attach and accrue as provided by the Statutes
of the State of Texas, including Article 1060a and
7336, V.A.T.C.S.
In the event the taxes become delinquent and in the
event such delinquent taxes are referred to any attorney
for collection, an additional amount of ten per cent
(10%) of the total amount o£ tax, penalty and interest
then due shall be added as collection costs and paid
by the taxpayer.
Taxes herein levied and uncollected shall be a first,
prior, and superior lien against the property, and
the said lien shall be superior and prior to all other
liens, charges and encumbrances, and such lien shall
attach to personal property with the same priority
as to real property.
o
The lien provided herein shall be attached as of
January 1,1980.
o
Sbould any section, provision or clause of this
Ordinance be declared by a court of competent
jurisdiction to be invalid, the same shall not
affect the validity of this Ordinance as a whole
any part thereof other than the part so declared
to be invalid.
or
10.
PASSED AND
members of
present this
This Ordinance shall become effective from and after
the date of its approval and adoption as provided
by law.
APPROVED AND ADOPTED BY the affirmative vote of all
the City Council of the City of Southlake, Texas,
4th day of septembe}979.
Mayor
ATTEST:
City Secretary