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HomeMy WebLinkAboutOrdinance 0614 ORDINANCE NO. 614 AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN ANNUAL DIRECT AD VALOREM TAX ON ALL PROPERTY, REAL, PERSONAL AND MIXED, SITUATED IN THE TERRITORIAL LIMITS OF THE CITY OF NORTH RICHLAND HILLS, AND ALL PERSONAL PROPERTY OWNED IN SAID CITY OF NORTH RICHLAND HILLS ON THE FIRST DAY OF JANUARY, A.D., 1975, EXCEPT SUCH PROPERTY AS MAY BE EXEMPT FROM TAXATION BY THE CONSTITUTION AND LAWS OF THE STATE OF TEXAS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS: SECTION 1. There is hereby levied and there shall be collected as provided by law, an annual direct special ad valorem tax for the year 1975-76 for General Fund operations of ONE AND 02/100 DOLLARS ($1.02) on every ONE HUNDRED DOLLAR ($100.00) valuation, being 55% of the appraised valuation, on all property, real, personal and mixed, situated in and all personal property owned in the City of North Rich1and Hills, Texas, on the first day of January, A.D., 1975, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas. SECTION II. The ad valorem taxes herein levied and authorized and required to be collected shall be and become due and payable on the first day of October, A.D., 1975. SECTION I I I. The ad valorem taxes herein levied and authorized and required to be collected shall become delinquent on the first day of February, A.D., 1976. SECTION IV. Should any taxpayer permit his taxes to become delinquent that is to say, should fail or refuse to pay his taxes then and in the event, a penalty shall be attached to the payment of such taxes as follows: If paid in the month of February, one (1%) percent of the taxes and interest due thereon; If paid in the month of March, two (2%) percent of the taxes and interest due thereon; If paid in the month of April, three (3%) percent of the taxes and interest due thereon; If paid in the month of May, four (4%) percent of the taxes and interest due thereon; If paid in the month of June, five (5%) percent of the taxes and interest due thereon; If paid on or after the first day of July, eight (8%) percent of the taxes and interest due thereon. SECTION V. All deliquent taxes shall bear interest from February 1 at the rate of one-half of one percent (0.5%) per month, or fraction thereof, until paid. SECTION VI. All deliquent taxes, together with all interest and penalties thereon, as above provided, shall be and become a lien upon the property on which said taxes are levied. SECTION VI I. Should any part, portion, section or part of a section of this ordinance be declared invalid or inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way affect the remaining portions, parts, sections or parts of sections of this ordinance, which provision shall remain and continue to be in full force and effect. SECTION VIII. The fact that the fiscal period begins on October 1, 1975, requires that this ordinance be effective upon its passage and adoption to preserve the public peace, prosperity, health and safety, and the rules requiring ordinances to be read and passed on two separate dates is hereby suspended and this ordinance shall be in full force and effect from and after its passage and adoption. PASSED AND APPROVED thi s 22nd day of September , 1975. . i;,;;~, ~ Di~a~~ - Mayor ATTEST: ØJ-~k4;.. Winnie Barclay - City Secre~~ry ~ AS TO FORM AND... ..LEGALITV: .J~/J'Yl:~ ~ií \"ill(à, f':-'títy·A ttorney