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HomeMy WebLinkAboutOrdinance 1690 ORDINANCE NO. 1690 AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF NORl'H RICHLAND HILLS, TEXAS FOR THE 1990 TAX YEAR BE IT ORDAINED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF NORl'H RICHLAND HILLS THAT: We, the Ci ty Council of the Ci ty of North Richland Hills do hereby levy or adopt the tax rate on $100 valuation for this City for tax year 1989 as follows: $ .26297 for the purposes of maintenance and operation. $ .24196 for the payrrent of principal and interest on debt of this City. $ .50493 total tax rate. The tax assessor-collector is hereby authorized to assess and collect the taxes of the City of North Richland Hills on this 10th day of September, 1990 . 1. That there is hereby levied and shall be collected as provided by law, an Ad Valorem tax for the year 1990 on all property, real and personal, except such property as may be exempt from taxation by Constitution and the statutes of the State of Texas, and ordinances and resolutions of the City of North Richland Hills, situated within the corporate limits of the City of North Richland Hills, Texas, on January 1, 1990, and that the amount to be applied to the value of such property shall be 50.493¢ per $100.00 valuation. 2. That the tax so levied and assessed shall be apportioned to the accounts and funds in the amount as set forth above. The amounts collected for payrœnt of principal and interest on debt of the City shall be deposited into an interest and sinking fund for that purpose until a total of $3,519,327 is deposited from the 1990 Ad Valorem tax levy. A three percent (3%) uncollectible factor is imputed. 3. That the taxes provided for herein are in accordance with the appropriate State statues. 4. Ad Valorem taxes levied by this Ordinance shall be due and payable on October 1, 1990, and shall beccrne delinquent on the first day of February, 1991. payrrent of such tax is due in one full installIrent. 5. If the tax is unpaid after February 1, 1991, such tax will becaœ delinquent and penalty and interest will attach and accrue as provided by the Statures of the Texas Property Tax Code Sec. 33.01. ORDINANCE NO. 1690 Page Two 6. In the event the taxes becane delinquent and in the event such delinquent taxes are referred to an attoITley for collection, an additional amount of fifteen percent (15%) of the total amount of tax, penalty and interest then due shall be added as collection costs to be paid by the taxpayer. 7. Taxes herein levied and uncollected shall be a first prior and superior lien against the property, and the said lien shall be superior liens charges, and encumbrances, and such lien shall attach to personal property with the same priority as to real property. 8. The lien provided herein shall be attached as of January 1, 1990. 9. Should any section, provision or clause of the Ordinance be declared by a court of canpetent jurisdiction to be invalid, the same shall not affect the validity of the Ordinance as a whole or any part thereof other than the part so declared to be invalid. 10. The Ordinance shall becane effective fran and after the date of its approval and adoption as provided by law. PASSED AND APPROVED by the Ci ty Council of the Ci ty of North Richland Hills, Texas, upon first and final reading, at a regular rœeting on the lOth day of September, 1990. A'ITEST: ,-_,I ~ ~ ~_ ;YN~ q,!A A..Jï-\-/ Tonmy Brown yor ~~ecretaIy APPROVED AS 'ro FORM AND LEGALITY: ~' - (/ (/~~~~ Attorney r ------ ----