HomeMy WebLinkAboutOrdinance 2508
ORDINANCE NO. 2508
AN ORDINANCE AUTHORIZING AND APPROVING RES-
IDENTIAL HOMESTEAD, OVER 65, AND DISABILITY EXEMPTIONS FROM AD
VALOREM TAXES FOR THE 2000 TAX YEAR.
WHEREAS, the City Council determined the necessity for a
residential homestead exemption and an over 65 exemption; and
WHEREAS, the City Council recognizes the special needs of
disabled persons; NOW THEREFORE;
BE IT ORDAINED BY THE CITY COUNCIL OF NORTH
RICHLAND HILLS, TEXAS, THAT:
1.
There shall be exempt from the City Ad Valorem Taxes for the tax
year 2000, fifteen percent (15%) (with a minimum of $5,000) of the assessed
value of a residential homestead within the City which is occupied by the owner
as his homestead.
2.
Persons over the age of 65 years, claiming an exemption pursuant
to Ordinance No. 676 shall have a $35,000 exemption from the assessed value
of a residential homestead. A person who is disabled within the meaning of
Section 11.13 (m) of the Property Tax Code of the State of Texas, as of January
1 of each year shall be entitled to a $35,000 exemption from the assessed value
of property owned by such disabled persons and used exclusively for homestead
purposes by such disabled persons. No person may claim both the "over 65"
exemption and the "disability" exemption and no homestead shall be subjected to
both the "over 65" exemption and the "disability" exemption.
3.
Persons claiming the exemptions must comply with City
Ordinances and the Texas Property Tax Code.
4.
"Exemptions provided for in section 1 and 2 will remain in force by
the City of North Richland Hills unless the City Council of North Richland Hills
takes action to change either, or both".
PASSED AND APPROVED the 11th day of September 2000.
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ATTEST:
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Patricia Hutson - City Secretary
APPROVED AS TO CONTENT:
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Karen Bostic, Director of Budget & Research