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ORDINANCE NO. 2328
AN ORDINANCE LEVYING A TAX RATE FOR
THE CITY OF NORTH RICHLAND HILLS,
TEXAS FOR THE 1998 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 1998 as follows:
$ .315 for the purposes of maintenance and operation.
$ .255 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 14th day of September 1998.
1.
That there is hereby levied and shall be collected as provided by law, an
Ad Valorem tax for the year 1998 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, 1998,
and that the amount to be applied to the value of such property shall be 57.0ct 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 $5,000,000 is deposited from the 1998 Ad Valorem
tax levy.
ORDINANCE NO. 2328
Page Two
3.
That the taxes provided for herein are in accordance with the appropriate
State statues.
4.
Ad Valorem taxes levied by this Ordinance shall be due and payable on
October 1, 1998, and shall become delinquent on the first day of February 1999.
Payment of such tax is due as provided by the Texas Property Tax Code.
5.
If the tax is unpaid after February 1, 1999, 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, 1998.
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.
ORDINANCE NO. 2328
Page Three
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 14th day
of September 1998.
~
Charles Scoma - M yor
ATTEST:
-atUvitâ'~
'þ--~~a Hutson - City Secretary
APPROVED AS TO FORM AND LEGALITY:
Altor for :;.y
APPROVED ~:<O CONTENT:
Àe
~ . J~ÿ£u-
Lar~ck, Director of Finance