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0623ORDINANCE NO. 623 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 1, 1994 AND ENDING SEPTEMBER 30, 1995, AND FOR EACH YEAR THEREAFTER UNTIL OTHERWISE PROVIDED, AT THE RATE OF $0.449 PER ONE HUNDRED DOLLARS ($100.00) ASSESSED VALUE ON ALL TAXABLE PROPERTY WITHIN THE CORPOPJtTE LIMITS OF THE CITY OF SOUTHLAKE, TEXAS, AS OF JANUARY 1, 1994, 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 A~ND 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 i, 1994, and ending September 30, 1995, 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 20th day of September, 1994, the budget for the fiscal year beginning October 1, 1994, and ending September 30, 1995; and WHEREAS, concerning the complied with. all statutory and constitutional requirements levying and assessing of ad valorem taxes have been NOW 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. That there is hereby levied and ordered to be assessed and collected for the fiscal year beginning October 1, 1994, and ending September 30, 1995, 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 $0.449 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: For the purpose of defraying the current expenses of the municipal government of the City, a tax of $0.27285 on each One Hundred Dollars ($100.00) assessed value of all taxable property. 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 $0.17615 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, 1994, and all ad valorem taxes for the year shall become delinquent after January 31, 1994. There shall be no discount for payment of taxes prior to said January 31, 1995. 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, 1995, 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. 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 oX 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. APPROVED · 1994. ATTEST: gandra LeGrand City Secretary on first reading this ~ day of APPROVED 1994. ATTEST: City Secretary APPROVED AS TO FORM: City Attornez Date: /~ Adopted: Effective: on first reading this ~ day of Page 3 Fort Worth Star-Telegram 400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 STATE OF TEXAS Inty of Tarrant Before me , a Notary Public in and for said County and State, this day personally appeared DAWN M. RIVERA 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 1 ADD INVOICE NO. DESCRIPTION AD SIZE 1— TOTAL 1 NCH LINE A RATE AMOUNT SEP 23 8047727 CL. 358 1X61 L 61 . 46 28 . 06 Sept . 23 ORDINANCE NO.621 AN ORDINANCE OF THE CITY COUNCIL OF THE CI- TY OF SOUTHLAKE,TEX- MUNICIPAAND DVALORIEM TAXES FOR THE FISCAL YEEAR BEGINNING OCTO SEPTEMBER 30 1995 AND FOR EACH YEAR TI-(ERE- I1r-ICr( ura IIL U1 HER- WISE PROVIDED AT THE "- • RATE OF g1.449 PER ONE HUNDRED DOLLARS (E�ON) ALLETAXDAVLE II PROPERTY WITHIN i HE CORPORATE LIMITS OF THE CITY OF SOUTH /0)1- LAKE,AND SWORN TO UARE1 E9XEs FOR THE D ' (41.6 4 ak...• REVE1 1994 FPR THE 23R_'� EPTIIsa I_.. 4_ UBSI PAYMENT OF CURRENT HI THE AY OF EXPENSES AND TO PRO �� • iVIDE AN INTEREST AND SINKING FUND ON ALL NOT-ARY PUBLIC OUTSTANDING DEBTS OF �Et THE CITY DIRECTING THE .ASSESSMENT FORRDU°E' PROVIDING I TARRANT COUN(FY, TEXAS QUENT DATES TOGETH- ER WITH PENALTIES AND INTEREST THEREON,. ..�. OF PAYMEN�RPROV t2!l!•lr�Q'r tINDA K. RUINS THEFOR APPROVAL OF #�_ ry COMMISSION EXPIRES THE TAX ROLLS PRE- SENTED TO THE CITY I . _._. COUNCIL/� PROVIDING _'fr.." f' sEPTEMBl3. '99l I 'NANCES-PROVIDINGFOR A SEVERABILITY CLAUSE; AND DECLAR- 1 v I1.1 INGANEFFECTIVEDATE. PASSED AND APPROVED 0,--TEAR ALONG THIS iy THE clrY clrY COON- URN THE LOWER PORTION WITH YOUR PAYMENT-�• IL OF THE CITY OF OUTHLAKE, THIS THE OTH DAY OF SEPTEM- BER,1994. MayorofFSouth(ake REMIT TO: 400 W. SEVENTH, FW, TX 76102 Attest: Sandra L.LeGrand, Fort WorthSt arTOssieetr7asTri.yro7v7r., REMIT To: P1HT 7 1-2051 Q,X !1!1!l� X X A�Attorney r a ACCOUNT AMOUNT 8047727 NUMBER CIT57 DUE 28. 06 PAGE 14)E 1 CITY OF SOUTHLAKE 667 N CARROLL AVE PLEASE PAY 28 . 06 SOUTHLAKE TX 76092-9595 THIS AMOUNT , ATTN : SANDRA LEGRAND PLEASE WRITE IN AMOUNT ENCLOSED