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0599ORDIN OE NO. AN ORDINANCE LEVYING SALES AND USE TAX AT THE RATE OF ONE-HALF OF ONE PERCENT FOR THE BENEFIT OF THE SOUTHLAKE PARKS DEVELOPMENT CORPORATION; PROVIDING THAT THE TAX SHALL BE ADMINISTERED IN ACCORDkNCE WITH CHAPTER 321 OF THE TEXAS TAX CODE; PROVIDING A SEVERABILITY 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, the Development Corporation Act of 1979, V.A.T.C.S., Article 5190.6 (the "Act"), provides that certain eligible cities may create an Industrial Development Corporation to be funded by a sales and use tax for the benefit of the Corporation, if the tax is authorized by a majority of the qualified voters; and WHEREAS, the City of Southlake is an eligible city as defined by Section 4B of the Development Corporation Act; and WHEREAS, in accordance with the Development Corporation Act, an election was held in the city on November 2, 1993, in accordance with Chapter 321 of the Texas Tax Code for the purpose of submitting to the voters of the City a proposition containing an authorization to and ~{EREAS, WHEREAS, the results of the election as required by Sec. levy the tax authorized by Section 4B of the Act; the voters approved the imposition of that tax; and the City Council has adopted a resolution declaring 321.405(b) and the city secretary has been directed to send a copy of that resolution to the comptroller as soon as possible but in any event before the end of the current calendar quarter; and WHEREAS, the City Council has approved the creation of the Southlake Parks Development Corporation (the "Corporation") for the purpose of using the tax receipts to finance certain public improvements and projects authorized by the Act. NOWv THEREFORE v BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHL~KE, TEXAS: SECTION 1. That all action concerning the submission of the proposition to the voters of the City having been taken and the tax authorized by Section 4B of the Act having been approved by the voters of the City as stated in the foregoing recitals, the City Council does hereby authorized the levy of a sales and use tax (the "Tax") within the City for the benefit of the Corporation at a rate of one-half of one percent on the sales of items at retail and a use tax at the same rate on the use, storage or other consumption within the City of tangible personal property purchased, leased or rented from a retailer during such time as the Tax is effective within the City. SECTION 2. That the Tax shall be computed, administered, collected and remitted in accordance with the Act and, to the extent not inconsistent with the Act, in accordance with Chapter 321, Texas Tax Code, as amended from time to time. 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 effective date of the tax imposed by this ordinance shall be April 1, 1994, which is the first day the tax may be imposed after complying with the requirements of the Act and the Tax Code. pASSED AND APPROVED ON FIRST READING ON THIS ~'-- DAY OF % %~:' $ CITY SEC~T~Y P~SSED ~ ~ ON SECO~ ~ING ON THI. ~ DAY OF APPROVED AS TO FO~ ~EGALITY: f'Qrt Worth Star-Telegram 400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 E STATE OF TEXAS lillrty of Tarrant efore me, a Notary Public in and for said County and State, this day personally appeared PENNY GRAY 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 INCH/LINE RATE AMOUNT _ NOV 05 2574065 CL. 358 1X38 L 38 . 43 16 . 34 nov5 1fA, t NOTICE OF PUBLIC Y?; fj, fit t HEARING NOTICE IS HEREBY GIV- EN TO ALL INTERESTED • - -- - -- -- PERSONSthatthe outhlaun- NOV7 1993 ci- of the City of Southlake, l Y `Jy Texas,wi I I be holding a public hearing during the Regular City Council meeting to be --- -- - -- --- ----- heldon November 16 1993be OFF-.CE OF gginningatel p.m.themeet Ing will C held In the City t/\^�J` � � - � � � Council Chambers of City V Hall,667 North Carroll Ave- --- �- � � nuee, Southlake, Texas. The Furposeo,theDubIIchearing SIGNER s to consider the fol lowingor- dinance: _ _ SUBSCRIBED AN 1 ANORDINANCE"EVYING ORE _ME,^1'HIS THE 5th Y OF NOV. , 3 SALES AND USE TAX AT THE RATE OF ONE-HALF NOTARY PUBLIC OF ONE PERCENT FOR y* 0bdi", 1 THE BENEFIT OF THEE SOUTHLAKE PARKS DE- TEXA IVELOPMENT CORPORA- K. BLEVINS TARRANT COL Y, TION; PROVIDING THAT THE TAX SHALL BE AD- ION EXPIRES MINISTERED IN ACCOR- DA OF THE TEXAS TAX ER 13, 1997 CODE;PROVIDING A SEVp-- PROVIDING ANUEEFEC- , TIVE DATE. City of Southlake,Texas Sandra y Se L. cretary LeGrand Cit TEAR ALONG THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT-- REMIT T0 : 400 W . SEVENTH, FW, TX 76102 .Port tar-Tele r F;F:N:I-.- :I): :• 1(�QXX>D(4Q�d94xXdE?X9V�(OfiBC7f9�4f9(�i6�61.2os, gam ACCOUNT C I T 5 7 AMOUNT 16 . 34 NUMBER DUE 7 1 1 a PAGE OF CITY OF SOUTHLAKE • 667 N CARROLL AVE 16 . 34 SOUTHLAKE TX 76092-9595 PLEASE PAY ► THIS AMOUNT ATTN : FAX PLEASE WRITE IN AMOUNT ENCLOSED Fort Worth Star-Telegram 400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 STATE OF TEXAS ty of Tarrant Before me , a Notary Public in and for said County and State, this day personally appeared PENNY GRAY 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 : T �UTAL DATE AD INVOICE N DESCRIPTION �'> >-_`F SINE RATE AMOUNT NOV 19 2581493 CL . 358 1X33 L 33 . 43 14 . 19 nov19 ORDINANCE NO.599 An Ordinance levying sales - -- — dnd use fax at the rate of one- half of one percent for the ben- efitof theSouthlake Parks De- velopment Corporation; Providing that thetax shallbe administered In accordance with Chaper 321 of the Texas 1 tax code;Providing a severa- bility clause; And providing an effective date. SECTION 4. / The effective date of the tax imposed by this ordinance shall by April 1,1994,which Is _. thefirstdaythetax maybelm- posed after complying with • 1 dnd theTax Code-of the Act S I G N E T PASSED APPROVED IN _ ME, T�1IS THE ` AY 0 BS�RIBED AN,D S SECOND READING, BY THE CITY COUNCIL,THIS 1 9 t h rV. , 19 � THEI6THDAYOFNOTARY PUBILIC __ NOVEMBER 1993. � �� SOUTHLAKES,MAYOR OF 0 i,',.: LEGRAND, CITYTARYST:SANDRA L. :NS '-. CTYROVEDASTR ORM. RE RRANT COON , TEXAS � A' -TEAR ALONG THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT REMIT TO : 400 W . SEVENTH , FW , TX 76102 1 Fort WorthStar-Telegram tz05, 2581493 NUMBERACCOUNT CIT57 AMOUNT MUNT 14 . 19 PAGE 1OF 1 S CITY OF SOUTHLAKE 667 N CARROLL AVE PLEASE PAY 14 . 19 SOUTHLAKE TX 76092-9595 THISAMOUNT ATTN : FAX PLEASE WRITE IN AMOUNT ENCLOSED