14-024 RESOLUTION NO. 14 -024
A RESOLUTION OF THE CITY OF SOUTHLAKE EXTENDING THE
NUMBER OF DAYS THAT AIRCRAFT PARTS ARE EXEMPT FROM AD
VALOREM TAXATION UNDER SECTION 11.251 OF THE TEXAS TAX
CODE; AND PROVIDING A REPEALER CLAUSE; PROVIDING A
SEVERABILITY CLAUSE.
WHEREAS, the Texas Legislature in the 83 Legislative Session approved
House Bill 3121, which was subsequently approved by the eligible voters of the State of
Texas to permit taxing entities to extend the number of days that freeport goods that are
aircraft parts are exempt from ad valorem taxation; and,
WHEREAS, Section 11.251(1) of the Texas Tax Code now provides that
municipalities, may in the manner required for official action by the governing body, may
extend the tax exemption up to 730 days after the date that a person acquired or
imported Freeport goods that are aircraft parts in the state;
WHEREAS, in this Resolution "freeport goods" has the meaning set forth in
Article VIII, Section 1-j of the Texas Constitution and Section 11.251 of the Texas Tax
Code.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS
SECTION 1. The findings set forth above are incorporated into the body
of this Resolution as if fully set forth herein.
SECTION 2. The City Council of Southlake, Texas hereby extends the
number of days that freeport goods that are aircraft parts are exempt from ad valorem
taxation to 730 days as provided by Texas Tax Code §11.251, and freeport goods that
are aircraft parts hereby declared to be exempt for tax year 2014 and for every year
thereafter, as provided for and in accordance with Texas Tax Code §11.251.
SECTION 3. It is hereby declared to be the intention of the City Council
that the phrases, clauses, sentences, paragraphs and sections of this resolution are
severable, and if any phrase, clause, sentence, paragraph or section of this resolution
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 resolution, since the same
would have been enacted by the City Council without the incorporation of this resolution
of any such unconstitutional phrase, clause, sentence, paragraph or section.
SECTION 4. This resolution is hereby effective upon passage and
approval by the City Council.
PASSED AND APPROVED ON THE 20 DAY OF MAY 2014.
410 46/ 1 4'
John Terrell
Mayor
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Alicia Richardson, TRMC% '
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