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ORD 1999-09TOWN OF TROPHY CLUB, TEXAS ORDINANCE 1999- 09 ......... AN ORDINANCE DECLARING ALL PROPERTY TO BE SUBJECT TO AD VALOREM TAXATION UNLESS EXEMPTED BY LAW; ADOPTING A VALUE FOR AGE 65 OR OLDER AND DISABLED PERSON EXEMPTIONS; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE OF ALL OTHER ORDINANCES OF THE TOWN OF TROPHY CLUB; PROVIDING FOR A SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE; PROVIDING FOR ENGROSSMENT AND ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town of Trophy Club, Texas, is a Type A General Law Municipality located in Denton County, Texas, created in accordance with provisions of the Texas Local Government Code and operating pursuant to the enabling legislation of the State of Texas; and WHEREAS, in accordance with 302.001(a) of the Texas State Property Tax Code, the Town Council of the Town of Trophy Club, Texas, may levy and collect ad valorem taxes for current expenses for the Fiscal Year 1999-2000; and WHEREAS, said Tax Code provides that certain properties are defined as exempt and are not subject to ad valorem taxation; and WHEREAS, in addition to statutory exemptions, the governing body of a municipality may also elect to adopt an additional residential homestead exemptions, NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: SECTION 1. 1.01 Statutory Exeinptions. All property within the corporate limits of the Town of Trophy Club, Texas, be it real, personal, or mixed, is hereby declared to be subject to ad valorem taxation unless the property is defined as exempt under Chapter 11 of the Texas State Property Tax Code. SECTION 2. 2.01 Age 65/Disabled Person Exemption. Disabled persons or persons age 65 or older will be allowed an exemption of $25,000.00 for 1999 ad valorem taxes in accordance with Section 11.13(d, e, and q,) of the Tax Code. If a person is BOTH AGE 65 OR OLDER AND DISABLED, he/she may claim either the "age 65 or older exemption" or the "disabled person" exemption but MAY NOT CLAIM BOTH. In this section, "disabled" is defined as under a disability for purposes of payment of disability insurance benefits under Federal old - age, survivors, and disability insurance. TOWN OF TROPHY CLUB ORDINANCE 1999- 8:15HAREILAW_WPITIFFANY1Trophy C1ubMD1NAN0taxexempt1.wpd PAGE l OF 3 SECTION 3. 3.01 Cumulative Clause. This Ordinance shall be cumulative of all provisions of Ordinances of the Town of Trophy Club, Texas except where the provisions of this Ordinance are in direct conflict with the provisions of such Ordinances, in which event the conflicting provisions of such Ordinances are hereby repealed. SECTION a. 4.01 Severability Clause. It is hereby declared to be the intention of the Town Council of the Town of Trophy Club that the phrases, clauses, sentences, paragraphs, and sections of this Ordinance are severable, and if any phrase, clause, sentence, paragraph, or section of this Ordinance should be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, or sections of this Ordinance, since the same would have been enacted by the Town Council without incorporation in this Ordinance of any such unconstitutional phrase, clause, sentence, paragraph, or section. SECTION 5. 5.01 Savings Clause. All rights and remedies of the Town of Trophy Club are expressly saved as to any and all violations of the provisions of any Ordinances affecting ad valorem tax exemptions, which have accrued at the time of the effective date of this Ordinance; and, as to such accrued violations and all pending litigation, both civil and criminal, whether pending in court or not, under such Ordinances, same shall not be affected by this Ordinance but may be prosecuted until final disposition by the courts. SECTION 6. 6.01 Engrossmerut and Etirollnient. The Town Secretary of the Town of Trophy Club is hereby directed to engross and enroll this Ordinance by copying the exact Caption and the Effective Date clause in the minutes of the Town Council of the Town of Trophy Club and by filing this Ordinance in the Ordinance records of the Town. SECTION 7. 7.01 Effective Date. This Ordinance shall be in full force and effect upon passage and publication in the official newspaper. ". tI13 Y- 51141 relq1_17% u 3 1 PASSED AND APPROVED by a vote of s to Q , this the 18th day of May , 1999. TOWN OF TROPHY CLUB ORDINANCE 1999-_ S:1SHAiZE1LAW_WPMFFANYNTrophy C1eb10RD1NANCltaxexempt1.wpd PAGE 2 OF 3 Mayor Town of Trophy Club, Texas ATTEST: Town Secretary Town of Trophy 0. ub, Texas APPROVED AS TO FORM: Town A ey Town of rophy Club, Texas TOWN OF TROPHY CLUB ORDINANCE 1999- S:ISHARE\LAW_WPITIFFANY1Trophy C1ub10W]1NANCltaxexempt1.wpd PAGE 3 OF 3