HomeMy WebLinkAboutOrdinance 1493
ORDINANCE NO. 1493
AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF
NORTH RICHLAND HILLS, TEXAS FOR THE 1987
BE IS ORDAINED AND ORDERED BY THE CITY COUNCIL
OF THE CITY OF NORTH RICHLAND HILLS THAT:
Wet the City Council of the City of North Richland Hills do hereby
levy or adopt the tax rate on $100 valuation for this City for tax year 1987 as
follows:
$ 19.64ç for the purposes of maintenance and operation.
$ 21.66ç for the payment of principal and interest on debt of
this City.
$ 41.30ç 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 28th day of September,
1987.
1.
That there is hereby levied and shall be collected as provided by law
an ad valorem tax for the year 1987 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 It 1987, and that the amount to be applied to the value of
such property shall be 41.3ç 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
payment 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 $3,282 t 964 is
deposited from the 1987 ad valorem tax levy. A three percent (3%) uncollectible
factor shall be accounted for in the General Fund.
3.
That the taxes provided for herein are in accordance with the
appropriate State statutes.
ORDINANCE NO.
Page Two
4.
Ad valorem taxes levied by this Ordinance shall be due and payable on
October 1, 1987, and shall become delinquent on the first day of February, 1988.
Payment of such tax is due in one full installment.
5.
If the tax is unpaid after February 1, 1988 t such tax will become
delinquent and penalty and interest will attach and accrue as provided by the
Statures of the Texas Property TAX Code Sec. 33.01.
6.
In the event the taxes become delinquent and in the event such
delinquent taxes are referred to an attorney 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, 1987.
9.
Should any section, provision or clause of the Ordinance be declared
by a court of competent 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 become effective from and after the date of its
approval and adoption as provided by law.
ORDINANCE NO.
Page Three
PASSED AND APPROVED by the City Council of the City of North Richland
Hillst Texas, upon first and final reading, at a regular meeting on the 28th day
of September, 1987.
~~
Dan Echols - Mayor
ATTEST:
Ol!/þJU~ L~A)
J~~ette Rewis - City Secretary
APPROVED FORM AND LEGALITY:
:t
Attorney