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0570ORDINANCE NO. 570 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES FOR THE FISCAL YEAR BEGINNING OCTOBER i, 1992 AND ENDING SEPTEMBER 30, 1993, AND FOR EACH YEAR THEREAFTER UNTIL OTHERWISE PROVIDED, AT THE RATE OF $0.4550 PER ONE HUNDRED DOLLARS ($100.00) ASSESSED VALUE ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF SOUTHLAKE, TEXAS, AS OF JANUARY 1, 1992, TO PROVIDE REVENUES FOR THE PAYMENT OF CURRENT EXPENSES AND TO PROVIDE AN INTEREST AND SINKING FUND ON ALL OUTSTANDING DEBTS OF THE CITY; DIRECTING THE ASSESSMENT THEREOF; PROVIDING FOR DUE AND DELINQUENT DATES TOGETHER WITH PENALTIES AND INTEREST THEREON; PROVIDING FOR PLACE OF PAYMENT; PROVIDING FOR APPROVAL OF THE TAX ROLLS PRESENTED TO THE CITY COUNCIL; PROVIDING FOR THE REPEAL OF INCONSISTENT ORDINANCES; PROVIDING FOR A SEVERABILITY CLAUSE; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Southlake, Texas (hereinafter referred to as the "City") hereby finds that the tax for the fiscal year beginning October 1, 1992, and ending September 30, 1993, hereinafter levied for current expenses of the City and the general improvements of the City and its property must be levied to provide the revenue requirements of the budget for the ensuing year; and WHEREAS, the City Council has approved, by a separate ordinance adopted on the 1st day of September, 1992, the budget for the fiscal year beginning October 1, 1992, and ending September 30, 1993; and WHEREAS, all statutory and constitutional requirements concerning the levying and assessing of ad valorem taxes have been complied with. N0W THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: Section 1. That all of the above premises are found to be true and correct and are incorporated into the body of this Ordinance as if copied in their entirety. Section 2. to be assessed October 1, 1992, That there is hereby levied and ordered and collected for the fiscal year beginning and ending September 30, 1993, and for each fiscal year thereafter until it be otherwise provided by and ordained on all taxable property, real, personal and mixed, situated within the corporate limits of the City of Southlake, Texas, and not exempt from taxation by the Constitution of the State and valid State laws, an ad valorem tax rate of $0.4550 for the general operations of the City on each One Hundred Dollars ($100.00) assessed value of taxable property, and shall be apportioned and distributed as follows: a o For the purpose of defraying the current of the municipal government of the City, $0.32232 on each One Hundred Dollars assessed value of all taxable property. expenses a tax of ($100.00) b · For the purpose of creating a sinking fund to pay the interest and principal on all outstanding debt of the City, not otherwise provided for, a tax of $0.13268 on each One Hundred Dollars ($100.00) assessed value of all taxable property, within the City which shall be applied to the payment of such interest and maturities of all outstanding debt. Section 3. That all ad valorem taxes shall become due and payable on December 31, 1992, and all ad valorem taxes for the year shall become delinquent after January 31, 1993. There shall be no discount for payment of taxes prior to said January 31, 1993. A delinquent tax shall incur all penalty and interest authorized by State law Section 33.01 of the Property Tax Code, to-wit: a penalty of six percent (6%) of the amount of the'tax for the first calendar month it is delinquent plus one percent (1%) for each additional month or portion of a month the tax remains unpaid prior to July 1st. of the year in which it becomes delinquent. Provided, however, a tax delinquent by July 1st. incurs a total penalty of twelve percent (12%) of the amount of the delinquent tax without regard to the number of months the tax has been delinquent. A delinquent tax shall also accrue interest at a rate of one percent (1%) for each month or portion of a month the tax remains unpaid. Taxes that remain delinquent on July 1, 1993, incur an additional penalty of fifteen percent (15%) of the amount of taxes, penalty and interest due; such additional penalty is to defray costs of collection due to contract with the City's attorney pursuant to Section 6.30 of the Property Tax Code. Section 4. Taxes are payable at the office of Tarrant County Tax Collector. The City shall have available all rights and remedies provided by law for the enforcement of the collection of taxes levied under this Ordinance. Section 5. That the tax rolls, as presented to the City Council, together with any supplement thereto, be, and the same are hereby approved. Ordinance No. 570 Section 6. That any and all ordinances, resolutions, rules, regulations, policies or provisions inconsistent or in conflict with the provisions of this Ordinance are hereby expressly repealed and rescinded to the extent of the inconsistency or conflict. Section 7. If any section, article, paragraph, sentence, clause, phrase or word in this Ordinance, or application thereto any person or circumstances is held invalid or unconstitutional by a Court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this Ordinance; and the City Council hereby declares it would have passed such remaining portions of this Ordinance despite such invalidity, which remaining portions shall remain in full force and effect. Section 8. That the necessity of fixing and levying municipal ad valorem taxes of the City for the next fiscal year as required by the laws of the State of Texas, requires that this Ordinance shall take effect immediately from and after its passage, and it is accordingly so ordained.  PASSED AND APPROVED on first reading this /S day of ATTES : S~ndra L. LeGra~[ City Secretary ~ ~ '". SS~D AND APP~ on second reading this / day of / ATTE ST: Sandra L. City Secretary Ordlnance No. APPROVED AS TO FORM: ir¥ Attorney Adopted: Effective: ~- --3-- Fort Worth Star-Telegram . 400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 THE STATE OF TEXAS )unty of Tarrant Before me, a Notary Public in and for said County and State, this day personally appeared CAL RIT,FY Billing Specialist for the Fort Worth Star-Telegram, published by the Star-Telegram Inc . at Fort Worth, in Tarrant County, Texas ; and who, after being duly sworn , did depose and say that the following clipping of an advertisement was published in the above named paper on the following dates : TOTAL DATE AD INVOICE NO. DESCRIPTION AD SIZE INCH/LINERATE AMOUNT SEP 04 6933442 CL. 358 1X65 L 65 . 40 26 . 00 ORDINANCE NO.570 Sept 4 AN ORDINANCE OF THE CITY OF SOUTH- p . p . # 570 AN,eD,�EEVYINSG`FIXING UN C IPX AD VALOREM TAnES FOR THE FIS- CAL YEAR BEGIN- NING OCTOBER 1 1992 AND ENDING SEP- TEMBER 30 1993 ANp OTHERWISE PRbVID- $0.45SAO PEREONETHUN- DRED DOLLARS (1100.001 ASSESSED ABLE PRAOPERTY WITHIN THE CORPO- RATE LIMITS OF THE __- t CITY OF SOUTHLAKE • . TEXAS, AS OF JANU- ARY 1 1992 TO PRO- p VIDE REVENUES FOR SIGNED 1E PAYMENT OF JRRENT EXPENSES kND SWORN TO BEFORE ME;--THIS - - 8 F, SE ER,C92 JD TO PROVIDE AN NOTARY PURL C '��\ TEREST AND SINK- \ `1 T ECI Y;DEBTSOOF --- -- � - - THECITY;DIRECTING ! THEREASSESSMENT; TARRANT COUNTY , TEXAS ING FOR DUE AND DELINQUENT DATES - - - - -- -.._._ _..............._. TOGETHER WITH v PENALTIES AND IN- - r♦ TEREST THEREON cDFN(ER I PROVIDING FOR �N 1 J� PLACE OF PAYMENT; p.a Y�U'4 add ExpIRES PROVIDING FOR AP- 2 _i , ,pMM5S10N AP- PROVAL OF THE TAX �' lgg5 ROLLS PRESENTED /';.� B. PROVIDING FOR THE' r/''44 REPEAL OF INCON- SISTENT '�4N'•. PROVIDING ORDINANCE; {���`o`,�- PROVIDING FOR A CLAUSE; AND DE- TI AN EFFEC- TIVE TEAR ALON THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT-----,.VE DATE. _ PASSED AND APPROVED I N SECOND R EAD I NGTHIS THE 1st DAY OF SEPTEM- MarMayorofS REMIT TO : 400 W . SEVENTH, FW, TX 76102 go FofkSouthlake As Sandra L.LeGrand, Ao Secretary Pr to form ! �t(`_�•��.�..�1.1' X.XIIX1Q(F�Q' iXTX. XEX01-2051 E.Allen Taylor Jr., City Attorney hatar-Tel egram IT4tcst NUMBER DUE a : s y. 1 1 ", v. y PAGE of III y.r CITY OF SOUTHLAKE ORIGINAL 667 N CARROLL AVE 26. 00 1 SOUTHLAKE TX 76092-8898 PLEASE PAY , THIS AMOUNT ATTN : SANDRA LEGRAND PLEASE WRITE IN AMOUNT ENCLOSED Fort Worth Star-Telegram . • 400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 YC**I TyC *I '�^,AID T7t* iNVOiCE/���uAVi 1 1N�1c�iCE/�_ iL�AVi 1 E STATE OF TEXAS unty of Tarrant Before me, a Notary Public in and for said County and State , this day personally appeared CAL RILEY Billing Specialist for the Fort Worth Star-Telegram , published by the Star-Telegram Inc . at Fort Worth , in Tarrant County, Texas ; and who , after being duly sworn , did depose and say that the following clipping of an advertisement was published in the above named paper on the following dates : DATE AD INVOICE NO. DESCRIPTION AD SIZE TOTAL RATE AMOUNT AUG 2116924650 CL . 358 1X75 L 75 . 40 30 . 00 'Aug 21 F PUBLIICIHEARING P . O . # ORD 570 NOTICE is hereby given to all interested persons that the Ci- tyCounciloftheCityofSouth-i --- - - - lake Texas,will be holding al pubic hearing during the Regular City Council meeting to be held on September 1, 1992,at 7:00 p.m., Southlake City Hall 667 North Carroll Avenue,Southlake,Texas. Purpose of the hearing is to consider the second readingof --"-"'_---' the following ordinance: ORDINANCE NO.570 AN ORDINANCE OF 7 _. __. ........- ___. THE CITY COUNCIL OF � THE CITY OF SOUTH- LAKE,TEXAS,FIXING SIGNED ANDLEVYINGMUNIC- AL AD VALOREM ----- --- LEYEAR BEGIN k D SWORN TO BEFORE ME , THIS( 4/ 2-ST DAY OF AU -Si 1992 D ENDING 1SEP NOTARY PUBLI ��J- .MBER 30,1993 AND OR EACH YEAR THEREAFTER UNTIL OTHERWISE AH o TARRANT COUNTY , TEXAS 15S0 PER ONE HUN- DRED DOLLARS �~� ?yam 11100.00) ASSESSED Pqr`,�! ~ :.ye�y4 ABLE ON OP RAY- ! '?` ' Crett r1/i�HRYN I. SPEN��U R ABLE PROPERTY '�r4 WITHIN THE CORPO- RATE f•; '^; r. 4w , ,71 p I/� V p[ CITY OF SO OF SOUTHLAKE, I� ;�\ ,P t.•OMMISSlQNEXPIRES _... _._.. _. -... ARY 1 1992 TO PRO- S �h`;:`p�•;E_= JANUARY 28 1995 THE PAYMENT OF • CURRENT EXPENSES ' AND TO PROVIDE AN INTEREST AND SINK- ING FUND ON ALL — EA A ONG THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT _ OUTSTANDING DEBTS OF THE CITY,DIRECT- ING THE ASSESSMENT THEREOF; PROVID- DELINQUENT DATES REMIT TO : 400 W . SEVENTH , FW , TX 76102 TOGETHER WITH PENALTIES AND IN- ��p7.�/q g�qg �,f1 TEREST THEREON AQRwx7171/l'7C � 7t'T'T /�_ PROVIDING FOIE �Ej��jT T(',; �� ./l 1-2051 PLACE OF PAYMENT; IStar-Telegram PROVIDING FOR AP- PROVAL OF THE TAX ROLLS PRESENTED ACCOUNT AMOUNT TOTHECITYCOUNCIL PROVIDING FOR THE REPEAL OF INCON- d/ y NUMBER C I T 5 7 DUE 30 . 00 ,e SISTENT ORDI ,•:>, —. - NANCES• PROVIDING 's',,,r."�FOR ASEVERABILITY CLAUSE; AND DE- �';•` f, PAGE JF 1 TEARING . EFFEC- „r TIVE DATE. I • City of Southlake Sandra L.LeGrand City Secretary CITY OF SOUTHLAKE ORIGINAL 667 N CARROLL AVE 30 . 00 PLEASE PAY SOUTHLAKE TX 76092-8898 THIS AMOUNT hi, ATTN : SANDY LEGRAND PLEASE WRITE IN AMOUNT ENCLOSED