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0755 ORDINANCE NO. 755 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, 1999 AND ENDING SEPTEMBER 30, 2000, AND FOR EACH YEAR THEREAFTER UNTIL OTHERWISE PROVIDED, AT THE RATE OF $0.422 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, 1999, 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, 1999, and ending September 30, 2000, 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 7`h day of September, 1999, the budget for the fiscal year beginning October 1, 1999, and ending September 30, 2000; and WHEREAS, all statutory and constitutional requirements concerning the levying and assessing of ad valorem taxes have been complied with. 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, 1999, and ending September 30, 2000, 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 $0.422 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: Ordinance No. 755 Page 2 a. For the purpose of defraying the current expenses of the municipal government of the City, a tax of $0.28958 on each One Hundred Dollars ($100.00) assessed value of all taxable property. 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 $0.13242 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, 1999, and all ad valorem taxes for the year shall become delinquent after January 31, 2000. There shall be no discount for payment of taxes prior to said January 31, 2000. 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 1 st of the year in which it becomes delinquent. Provided, however, a tax delinquent by July 1 st 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 (I%) for each month or portion of a month the tax remains unpaid. Taxes that remain delinquent on July 1, 2000, 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 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. Ordinance No. 755 ' Page 3 Section 8. That the necessity of 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 day of 24~~ , 1999. ° ..ee r itl . r ° Ric Stacy, Mayor ATTEST. p e Co co Sandra LeGrand City Secretary PASSED AND APPROVED on second reading this day of , 1999. F . ,,......,°$.z Ric Stacy, Mayor ATTEST: m., 9 I C0 e~ Sandra LeGrand City Secretary APPROVED AS TO FORM: -7 J~, City Attorney Date: / Adopted: Effective: MAWD-FILES\ORDINANC\708-T C'ORD_DOC/kb _ in v vlt-r, Star-Telegram Customer ID: CIT57 Invoice Number: 158735021 What do you want to know? --- Invoice Date: 9/24/99 Terms: Net due in 21 days Star-Telegram Due Date: 9/30/99 400 W. 7th Street PO Number: FORT WORTH,TX 76102 Order Number: 15873502 (817)390-7761 Federal Tax ID 22-3148254 Sales Rep: 073 Description: ORDINANCE NO. 7 Bill To: CITY OF SOUTHLAKE 667 N CARROLL AVE SOUTHLAKE, TX 76092-6412 Description Location Col Depth Linage MU Rate Amount ORDINANCE NO. 755 AN ORDINANCE I358 1 54 54 LINE $2.76 $297.54 ORDINANCE NO.755 AN ORDINANCE OF THE CITY Sales Discount ($253.80) SOUTHLAKE, CITY TEXAS FIXINGAND LEVYING MUNICIPAL AD VALOREM TAXES FOR THE FISCAL YEAR BEGINN - AND ENDIN N SEBER PtEMBER Start Date: 9/2 so z000 AND F Date: 9/24/99 Net Amount: $43.74 YEAR T - Op EACH NTIL ytl a i AT u ARS W I i i 1 L48, 7 ivnO /AL 1-tl NSiS saw o11 7 lVfla POP O rh 7Bl`f v)R •Z E9gj£9£�OINONIVL,T* IsA ie i-Z£3 Fin THE STATE OF T pp o 5'86 Ae z z County of Tarrant irk'" woo leaa u!n! $lueUl'n^- -- oJAZTo),156 • 45 6Z4PI _ Z- Before me,a Notary • c In an. or said County and State,this day personally appeared Tammie Bryant, Bid and Legal Coordinator, for the Star- Telegram,publishec by the star-Telegram, Inc.at Fort Worth,in Tarrant County,Texas;and who,a being duly sworn,did depose and say that the attached clipping o-an advertisement was published in the above named paper on the listed dates: in SI (17 Jtt bygntggt$,B �Fptair 'HIS Friday, September 24, 1999. cs in and for The State of Texas � I , ,+'''' Commission Expires 03-01-2000 2 Notary Public v� 11(\6..)N_11L11.) Thank You For Your Payment Remit To: Star-Telegram Customer ID: CIT57 P.O. Box 901051 Customer Name: CITY OF SOUTHLAKE FORT WORTH, TX 76101-2051 Invoice Number: 158735021 Invoice Amount: $43.74 PO Number: Amount Enclosed: $ 1 1 __ INVOICE Star-Telegram Custbmer ID: CIT57 Invoice Number: 157897571 What do you want to know? Invoke Date: 9/10/99 Ternis: Net due in 21 days Star-Telegram Due Date: 9/30/99 400 W.7th Street PO Number: FORT WORTH,TX 76102 Ordejr Number: 15789757 (817)390-7761 Federal Tax ID 22-3148254 Sales Rep: 073 Description: CITY OF SOUTHLA Bill To: CITY OF SOUTHLAKE 667 N CARROLL AVE SOUTHLAKE, TX 76092-6412 � Description Location Col Depth Linage MU Rate Amount CITY OF SOUTHLAKE,TEXAS NOTIC I358 1 62 62 LINE $2.76 $341.62 Sales Discount i ($291.40) Start Date: 9/10/99 Stop Date: 9/10/99 1 WY OF SOUTHLAKE, l TEXAS 1•NOTICEall me was rested personseto that Net Amount: $50.22 the City Council of the City of Southlake, Texas, will be 4 holding a public hearing dur- ing the regular city council meeting to be held on Sepp tember 21, 1999, at.7:00 pm. The meeting will be I held in the City Council Chambers of City Hall 667 North Carroll Avenue,South-' lake,Texas.Purpose of the hearingg will begg held regard- , THE STATE inORDINANCENO.755 County of TACOUNCIILAOFE HETCITY IOF ; SOUTHLAKE TEXAS FIXING AND LEVYING MUNICIPAL Before me,a AD VALOREM TAXES FOR id County and State,this day personally appeared Tammie Bryant, Bid and Legal Coordinator, for the Star- THE FISCAL YEAR BEGIN- Telegram,pi NING OCTOBER 1 1999,am, Inc.at Fort Worth, in Tarrant County,Texas;and who,after being duly sworn,did depose and say that the attached clipAND ENDING SEOR EACH 3D 2000 AND FOR EACH vas published in the above named paper on the listed dates: I OTHERWISE EPROVIDED, AT THE RATE OF $0.422 PER ONE HUNDRED DOLLARS ($100.00) ASSESSED VAL- UE ERTYO WITHINTL TAXABLE PROP-ARE ME, THIS Tuesday, September 21, 1999. SUBSCRIBEI MITS THE THE CITY RATE LIMITS OF CITY 'II . ka A7u`Q OF SOUTHLAKE,TEXAS,ATO OF JANUARY 1, 1999, TOvivM:�s. CILL.A..)Inilly•ii-41) PROVIDE REVENUES FOR 0 Notary Public 2 �'-=:t THE PAYMENT OF CURRENT Public \ EXPENSES AND TO PRO- `�—)• VIDE AN INTEREST AND-exa. v I! a f SINKING FUND ON ALL OUT- STANDING DEBTS OF THE 2000 C, CITY• DIRECTING THE AS- t1o�'itGrGtdedre, SESSMENT THEREOF- PRO- ' VIDINGVI FOR DUE AND ISELIN- �`�`+�� l WITENT H PENALTIES ANDIINTER-R li Thank Yoti FOR PLACE Or PAYMENT;Rent PROVIDING FOR APPROVAL -I• OF THE TAX ROLLS PRE- 1 SENTED TO THE CITY COON- ,r CIL'PROVIDING FOR THE RE- 1, PEAL OF INCONSISTENT OR- DINANCES; PROVIDING FOR I I SEVERABILITY CLAUSE; AND DECLARING AN EFFEC- Remit To: TIVE DATE. Customer ID: CIT57 Sandra L.LeGrand City Secretary I City.of S,o191.95,c.W.Lsvii Customer Name: CITY OF SOUTHLAKE FORT WORTH, TX 76101-2051 Invoice Number: 157897571 Invoice Amount:;' $50.22 PO Number: Amount Enclosed: f$ _._. ... I