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1174 ORDINANCE NO. 1174 AN ORDINANCE OF THE CITY OF SOUTHLAKE,TEXAS, PROVIDING FOR A RESIDENTIAL HOMESTEAD PROPERTY TAX EXEMPTION; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE OF ALL ORDINANCES; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A PUBLICATION CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Southlake, Texas is a home rule city acting under its charter adopted by the electorate pursuant to Article XI, Section 5 of the Texas Constitution and Chapter 9 of the Local Government Code, and WHEREAS, Section 11 13(n) of the Texas Property Tax Code provides that the City Council may adopt an exemption from taxation of a portion of the appraised value of the residence homestead; and WHEREAS, the City Council desires to adopt a residential homestead exemption pursuant to Section 11.13(n)of the Texas Property Tax Code NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,TEXAS: SECTION 1. In addition to any other exemptions provided by state law or city ordinance, the owner of a residence homestead who makes application therefore, shall be entitled to an exemption from City ad valorem taxation of an amount equal to the greater of five thousand dollars ($5,000) or twenty percent(20%)of the appraised value SECTION 2. This ordinance shall be cumulative of all provisions of ordinances and of the Code of Ordinances of the City of Southlake, Texas, as amended, except where the provisions of this ordinance are in direct conflict with the provisions of such ordinances and such Code, in which event the conflicting provisions of such ordinances and such Code are hereby repealed SECTION 3. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section SECTION 4. The City Secretary of the City of Southlake is hereby authorized to publish this ordinance in book or pamphlet form for general distribution among the public, and the operative provisions of this ordinance as so published shall be admissible in evidence in all courts without further proof than the production thereof. SECTION 5. This Ordinance shall be in full force and effect form and after its passage and publication as provided by law, and it is so ordained. PASSED AND APPROVED ON FIRST READING ON THIS 47DAY OF kit)(1 e— ,2017 ,(�MAYçc J; .'••<\-7e°0 ATTEST: =O k / ' r. # , ( gt ,,, ' lAt i . % • � CITY SECRETARY/ •i, % ••••'•*ic'``� PASSED AND APPROVED ON SECOND READING ON THIS af- DAY IBP"```` 0/Le-- ,2017. dok44,J)to MAYOR ``` wiliii //,i `,.J-cNLAKF i,. ATTEST. . � I4 . N= g :: 1 I` :.... CITY SECRETARY 170-ems•' Je'''///i..iii0 ‘k‘k EFFECTIVE. (d/fit''/24 I APPROVED AS TO FORM AND LEGALITY (Cr / • ,J.- I CITY ATTORNEY