HomeMy WebLinkAboutOrdinance 0562
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ORDINANCE NO. 562
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., 1974, 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 I.
There is hereby levied and there shall be collected as provided
by law, an annual direct special ad valorem tax for the year 1974-75,
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 Richland Hills, Texas,
on the first day of January, A.D., 1974, liable under the law to
taxation and not exempt therefrom by the Constitution and laws of the
State of Texas.
SECTION 11.
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., 1974.
SECTION II 1.
The ad valorem taxes herein levied and authorized and
required to be collected shall become delinquent on the first day
of February, A.D., 1975.
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 that
event, a penalty shall attach 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 VI1.
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 VII1.
The fact that the fiscal period begins on October 1, 1974,
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 23rd day of September
, 1974.
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I ^' d---}u£h>v
DiC~ Mayor
ATTEST:
~y~y
APPROVED AS TO FORM AND LEGALITY:
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Tim Tru~~~torney