HomeMy WebLinkAboutResolution 1990-041
FESOLUI'ION NO. 90-41
BE IT RESOLVED by the City Council of the City of North
Richland Hills, Texas, that:
1.
There shall be exempt from the City Ad Valorem Taxes for the
year 1990, fifteen per cent (15%) (with a minimum of $5,000) of the assessed
value of residential hanestead wi thin the City which is occupied by the
owner as his hanestead.
2.
Persons over the age of 65 years, claiming an exemption
pursuant to Ordinance No. 676 shall have a $29,000.00 exemption fran the
assessed value of a residential hanestead. 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 1st of each year shall be entitled to $29,000.00
exemption fran the assessed value of property owned by such disabled persons
and used exclusively for hanestead purposes by such disabled persons. No
person may claim both the "over 65" exemption and the "disability" exemption
and no hanestead shall be subjected to both the "over 65" exemption and the
"disability" exemption.
3.
Persons claiming the exemptions must canply with the City
Ordinances and Texas Property Tax Code.
PASSED AND APPROVED this 10th day of September, 1990.
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ATTEST:
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Je tte Rewis - City Secretary