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HomeMy WebLinkAboutOrdinance 2614 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 ORDINANCE NO. 2614 2 4 AN ORDINANCE EXEMPTING CERT AIN TRAVEL TRAILERS FROM TAXATION AND PROVIDING AN EFFECTIVE DATE. 6 WHEREAS, the Texas legislature, by virtue of Section 11.14 of the Texas Property Tax Code, removed a previous exemption from taxation of certain travel trailers and simultaneously enacted Section 11.142, which authorizes the governing body of a taxing unit other than a school district to exempt such travel trailers from taxation; and 8 WHEREAS, the City Council desires to continue the present exemption and finds that such will not have a significant financial impact to the City; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS: Section 1: THAT every travel trailer, as that term is defined by Section 11.14, Texas Property Tax Code, which is registered in the State of Texas in compliance with Chapter 502, Texas Transportation Code, on January 1 ofthe applicable tax year, and which is not held or used for the production is hereby exempted from ad valorem taxation by the City of North Richland Hills. Section 2: This ordinance shall be in full force and effect immediately upon passage. AND IT IS SO ORDAINED. PASSED AND APPROVED this 25th day of March, 2002. fj}';"~'~-1:~~~"';II.i""', ~~..., ... ~'- .' On . , ...:: .r - :~ 'I ' ~EST:r ,if ~ h;c. ... -, ~ /. . / - ."~a-~' If If, I ¡ IT" " ~ atricia Hutson, City Secretary CITY OF NORTH RICHLAND HILLS [~~a or By: W: \NorttR .chlandHills\General \Ordinances\Travel Trailer. ord. wpð 1