HomeMy WebLinkAboutResolution 1985-019
RESOLUTION NO. 85-19
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 1985, ten per cent (10%) (with a minimum of $5,000) of the
assessed value of residental homestead within the City which is
occupied by the owner as his homestead.
2.
Persons over the age of 65 years, claiming an exemption
pursuant to Ordinance No. 676 shall have a $25,000.00 exemption from
the assessed value of a residential homestead. 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 a $25,000.00 exemption from the assessed value of property
owned by such disabled persons and used exclusively for homestead
purposes by such disabled person. No person may claim both the "over
65" exemption and the "disability" exemption and no homestead shall be
subjected to both the "over 65" exemption and the "disability"
exemption.
3.
Persons claiming the exemptions must comply with the City
Ordinances and Texas Property Tax Code.
PASSED AND APPROVED this 9th day of September 1985.
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AS TO FORM AND LEGALITY:
Rex McEntire-Attorney