0267
ORDINANCE NO. 267
AN ORDINANCE PROVIDING FOR THE LEVY AND
COLLECTION OF AN AD VALOREM TAX ON PROPERTY
SITUATED WITHIN THE CORPORATE LIMITS OF THE
CITY OF SOUTHLAKE, TEXAS, ON THE 1ST DAY
OF JANUARY 1981, EXCEPT SUCH PROPERTY AS MAY
BE EXEMPT FROM TAXATION BY THE CONSTITUTION
AND STATUTES OF THE 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,
1981, TO SECURE PAYMENT: ORDAINING OTHER MATTERS
RELATING TO THE SUBJECT AND DECLARING AN EFFECTIVE
DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,
TEXAS:
1. That there is hereby levied and shall be collected as
provided by law an ad valorem tax for the year 1981 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 1,1981, and that the amount to be applied to
the value of such property shall be THIRTY-TWO AND ONE
HALF CENTS (322) per hundred dollars of assessed valuation.
(Which is appropriated by 1000 of Market Value).
2. That the tax so levied and assessed shall be apportioned
to the following accounts and funds in the amounts set
forth:
GENERAL FUND $ .26
GENERAL OBLIGATION BOND INTEREST AND
SINKING FUND $ .062
TOTAL LEVY $ .322
Collections of the taxes levied shall be deposited to
to credit of each of the above accounts and funds in
their proportionate share of the total levy after taking
into consideration a 20 uncollectable factor which is to
be accounted for in the General Fund.
3. That the taxes provided for herein are in accordance with
appropriate State Statutes.
4. Ad Valorem Taxes levied by this Ordinance shall be due
and payable on October 1,1981, and shall become delinquent
on the first day of February, 1982. Payment of such tax
is due in one full installment.
5. If the TAX is unpaid after February 1,1982, such tax will
become delinquent and penalty and interest will attach and
accure as provided by the Statutes of the State of Texas,
including Article 1060a and 7336, V.A.T.C.S.
6. In the event the taxes become delinquent and in the event
such delinquent taxes are referred to any attorney for
collection, and additional amount of fifteen per cent (150)
of the total amount of tax, penalty and interest then due
shall be added as collection costs and paid by the taxpayer.
7. 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.
8. The lien provided herein shall be attached as of January 1,1982.
9. Should 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 or any part therefore other than the part
so declared to be invalid.
10. This Ordinance shall become effective from and after the date
of its approval and adoption as provided by law.
PASSED AND APPROVED AND ADOPTED by the affirmative vote of all members
of the City Council of the City of Southlake, Texas, present this 15th
day of September, 1981.
Mayor
ATTEST: C
,Mayor Pro Tem
City Secretary