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0245ORDINANCE NO. 245
o
AN ORDINANCE PROVIDING FOR THE LEVY AND
COLLECTION OF AN AD VALOREM TAX ON PROPERTY
SITUATED WITHIN TIlE CORPORATE LIMITS OF THE
CITY OF SOUTHLAKE, TEXAS, ON THE 1ST DAY OF
.7ANtJARY 1978, EXCEPT SUCH PROPERTY AS MAY BE
EXEblPT FROM TAXATION BY THE CONSTITUTION AND
THE STATUTES OF TitE 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, 1978, TO SECURE PAYMENT: ORDAINING OTHER
blATTERS RELATING TO THE SUBJECT AND DECLARING
AN EFFECTIVE DATE.
BE II' ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,TEXAS:
Fhat there is hereby levied and shall be collected as provided by
law an ad valorem tax for the year 1978 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 1,1978, and that the amount to be applied to the value of
such property shall be SIXTY-FIVE CENTS (65¢) per hundred dollars
©~ assessed valuation.
['hat the tax so lexried and assessed shall be apportioned to the
following accounts and funds in the amounts set forth:
GENERAL EUND ..................... $ 0.51
GENERAL OBLIGATION BOND INTEREST
AND SINKING FUND .................. 14
TOTAL LEVY ....................... $ 0.65
Col]ections of the taxes levied shall be deposited to the credit
of each of the above accounts and funds in their proportionate share
o~- 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 1,1978, and sball become delinquent on the first day
of February, 1979. Payment of such tax is due in one full
i nsta 1 lment.
[f ]'he TAX is unpaid after
delinquent and penalty and
February 1,1979, such tax will become
interest will attach and accrue as
provided by the Statutes of the State of Texas, including
Articles 1060a and 7556, V.A.T.C.S.
[n the event the taxes become delinquent and in the event such
delinquent taxes are referred to any attorney for collection, an
~ddit[onal amount of ten per cent (10%) of the total amount of 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.
The lien provided herein shall be attached as of January 1,1979.
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 thereof other than the part so declared to be invalid.
This Ordinance shall become effective from and after the date of its
approval and adoption as provided by law.
PASSEl) AND APPROVED AND ADOPTED by the affirmative vote of all members
of the City Counci] of the City of Southlake,Texas, present this
lgthday of September ,]978.
Mayor
City Secretary