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HomeMy WebLinkAboutOrdinance 2403 ORDINANCE NO. 2403 AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF NORTH RICH LAND HILLS, TEXAS FOR THE 1999 TAX YEAR BE IT ORDAINED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS THAT: We, 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 1999 as follows: $.324 $.246 for the purposes of maintenance and operations. for the payment of principal and interest on debt of this City. $.570 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 the 23rd day of August 1999. 1. That there is hereby levied and shall be collected as provided by law, an Ad Valorem tax for the year 1999 on all property, real and personal, except such property as may be exempt from taxation by Constitutions in 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 1, 1999, and that the amount to be applied to the value of such property shall be 57¢ per $100 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 $5,250,000 is deposited from the 1999 Ad Valorem tax levy. 3. That the taxes provided for herein are in accordance with the appropriate State statutes. 4. Ad Valorem taxes levied by this Ordinance shall be due and payable on October 1, 1999, and shall become delinquent on the first day of February 2000. Payment of such tax is due as provided by the Texas Property Tax Code. 5. If the tax is unpaid after February 1, 2000, such tax will become delinquent and penalty and interest will attach and accrue as provided by the Statutes 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, 1999. 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. PASSED AND APPROVED by the City Council of the City of North Richland Hills, Texas upon first and final reading, at a regular meeting on the 23rd day of August 1999. chC~~Æ or A TIEST: Øqt;ztM,i~ Patricia Hutson - City Secretary APPROVED AS TO FORM AND LEGALITY: he: APPROVED AS TO CONTENT: ){~ØòJ( Karen Bostic, Director of Budget & Research