0272ORDINANCE
WHEREAS, Section 33.07 of the Property Tax Code provides
that an additional penalty of not more than fifteen per cent (15%)
of the amount of taxes, penalty, and interest due may be added to
the amount of taxes and penalty and interest on taxes that remain
delinquent on July 1 of the year in which they become delinquent if
the taxing unit has contracted with an attorney to collect de-
linquent taxes; and
WHEREAS, in order to defray the costs of collection of
such delinquent taxes, it is advantageous to the taxpayers of the
CITY OF Southlake to adopt the provisions of Section 33.07 of the
Property Tax Code;
NOW, THEREFORE, BE IT ORDAINED by the City Council of
the City of Southlake that:
The provisions of Section 33.07, Property Tax Code,
State of Texas, be and they are hereby adopted so that hereafter an
additional penalty of fifteen per cent (15%) of the amount of
delinquent taxes, and penalty and interest on delinquent taxes, be
imposed and collected on taxes becoming delinquent after January
1, ]982.
PASSED AND APPROVED this /<~ day of ~
CITY OF SOUTHLAKE
ATTEST:
· P ~/ ~ayor