ORD 1995-17TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 9 5 -17
AN ORDINANCE OF THE TOWN OF TROPHY CLUB,
TEXAS FIXING AND LEVYING MUNICIPAL AD
VALOREM TAXES FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1995 AND ENDING SEPTEMBER 30, 1996,
AND FOR EACH FISCAL YEAR THEREAFTER UNTIL
OTHERWISE PROVIDED, AT A RATE OF $ .4111 PER
ONE HUNDRED DOLLARS ($100.00) ASSESSED
VALUATION ON ALL TAXABLE PROPERTY WITHIN
THE CORPORATE LIMITS OF THE TOWN AS OF
JANUARY 1, 1995; DIRECTING THE ASSESSMENT
THEREOF TO PROVIDE REVENUES FOR THE
PAYMENT OF CURRENT OPERATION AND
MAINTENANCE EXPENSES AND INDEBTEDNESS OF
THE TOWN; PROVIDING FOR DUE AND DELINQUENT
DATES TOGETHER WITH PENALTIES AND INTEREST;
REPEALING CONFLICTING ORDINANCES; PROVIDING
A SAVINGS AND SEVERABILITY CLAUSE; AND
DECLARING AN EFFECTIVE DATE.
WHEREAS, the Town Council of the Town of Trophy Club, Texas (the "Town")
hereby finds that the tax for the fiscal year beginning October 1, 1995 and ending September
30, 1996, hereinafter levied for current expenses of the Town and the general improvements
of the Town and its property, must be levied to provide the revenue requirements of the
budget for the ensuing year; and
WHEREAS, the Town Council has approved on the 5th day of September, 1995, the
budget for the fiscal year beginning October 1, 1995 and ending September 30, 1996; and
WHEREAS, all statutory and constitutional requirements concerning the levying and
assessing of ad valorem taxes have been completed in due and correct time, including
providing notice of and conducting a public hearing regarding the ad valorem tax levied
hereby.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
Section 1. There be and is hereby levied and ordered to be assessed and collected
for the fiscal year beginning October 1, 1995 and ending September 30, 1996, and for each
fiscal year thereafter until otherwise provided, on all taxable property, real, personal and
mixed, situated within the corporate limits of the Town of Trophy Club, Texas on January
1, 1995, and not exempted by the Constitution of the State, valid State laws or this
ordinance, a tax of $ .4111 on each One Hundred Dollars ($100.00) assessed value of
taxable property, which shall be apportioned and distributed as follows:
DOC #: 197608.02 -1-
(a) For the purpose of defraying the maintenance and operation expenses of the
Town, a tax of $ .3311 on each One Hundred Dollars ($100.00) assessed value of all taxable
property.
(b) For the purpose of the payment of principal and interest on the debt of the
Town, a tax of $ .08 on each One Hundred Dollars ($1.04.00) assessed value of all taxable
property.
Section 2. All ad valorem taxes shall become due and payable on October 1, 1995,
and all ad valorem taxes shall become delinquent after January 31, 1996. There shall be no
discount for payment of taxes on or prior to January 31, 1996. A delinquent tax shall incur
all penalty and interest authorized by law, Section 33.01 of the Texas Property Tax Code,
as amended, to wit: a penalty of 6% of the amount of the tax for the first calendar month
the tax is delinquent plus 1% for each additional month or portion of a month the tax
remains unpaid prior to July 1 of the year in which it becomes delinquent.
Provided, however, a tax delinquent on July 1 incurs a total penalty of 12% of the
amount of the delinquent tax without regard to the number of months the tax has been
delinquent. A delinquent tax shall also accrue interest at a rate of 1% for each month or
portion of a month the tax remains unpaid. Taxes that remain delinquent on July 1, 1996
incur an additional penalty of 15% of the amount of taxes, penalty and interest due; such
additional penalty is to defray the costs of collection due pursuant to the contract with the
Town's attorney authorized by Section 6.30 of the Texas Property Tax Code, as amended.
Section 3. Taxes shall be payable in full at the office of the Town Assessor/Collector,
100 Municipal Drive, Trophy Club, Texas 76262. The Town shall have available all rights
and remedies provided by law for the enforcement of the collection of taxes levied under
this Ordinance.
Section 4. All delinquent taxes shall bear interest as provided by State law, in
addition to the penalties.
Section 5. Any and all ordinances, resolutions, rules, regulations, policies or
provisions in conflict with the provisions of this Ordinance are hereby repealed and
rescinded to the extent of the conflict herewith. Provided, further, that to the extent that
this Ordinance may conflict with State law, the State law shall control.
Section 6. The sections, paragraphs, sentences, phrases, clauses and words of this
Ordinance are severable, and if any section, article, paragraph, sentence, clause, phrase or
word in this Ordinance or application thereof to any person or circumstance is held invalid
or unconstitutional by a Court of competent jurisdiction, such holding shall not affect the
validity of the remaining portions of this Ordinance, and the Town Council hereby declares
it would have passed such remaining portions of this Ordinance despite such invalidity, which
remaining portions shall remain in full force and effect.
Section 7. This Ordinance shall become effective from and after its date of adoption
and publication as required by law.
noc #: 1976W.02 -2-
PASSED AND APPROVED by the Town Council of the Town of Trophy Club,
Texas this the 29th day of September 1995,
ATTEST:
Town Secretary,
Town of Trophy Club, Texas
[SEAL]
APPROVED AS TO FORM:
orney,
Town o rophy Club, Texas
DOC M 197605.02 -3-