ORD 1992-19TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 0 92.19
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS
FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES
FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1992
AND ENDING SEPTEMBER 30, 1993, AND FOR EACH
FISCAL YEAR THEREAFTER UNTIL OTHERWISE
PROVIDED, AT A RATE OF $ .3361 PER ONE
HUNDRED DOLLARS ($100.00) ASSESSED VALUATION
ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE
LIMITS OF THE TOWN AS OF JANUARY 1, 1992;
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, 1992 and ending September 30, 19931
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 10th day of
September, 1992, the budget for the fiscal year beginning October
1, 1992 and ending September 30, 1993; and
WHEREAS, all statutory and constitutional requirements
concerning the levying and assessing of ad valorem taxes have been
completed in due and correct time.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN
OF TROPHY CLUB, TEXAS:
Section 1. That there be an is hereby levied and ordered to
be assessed and collected for the fiscal year beginning October 1,
1992 and ending September 30, 1993, 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, and not exempted by the Constitution of
the State, valid State laws or this ordinance, a tax of $ .3361
on each One Hundred Dollars ($100.00) assessed value of taxable
property, which shall be apportioned and distributed as follows:
Circ
(a) For the purpose of
operation expenses of the Town, a
Hundred Dollars ($100.00) assessed
defraying
tax of $_
value of
(b) For the purpose of the payment
on the debt of the Town, a tax of $ 0.00
Dollars ($100.00) assessed value of all
the maintenance and
.3361 on each One
all taxable property.
of principal and
on each One
taxable property.
interest
Hundred
Section 2. That all ad valorem taxes shall become due and
payable on October 1, 1992, and all ad valorem taxes shall become
delinquent after January 31, 1993. There shall be no discount for
payment of taxes on or prior to January 31, 1993. 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 Julv_ 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, 1993 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. That anv 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. That 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
City Council hereby declares it would have passed such remaining
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portions of this Ordinance despite such invalidity, which remaining
portions shall remain in full force and effect.
Section 7. That this Ordinance shall become effective from
and after its date of adoption, and publication as required by law.
PASSED AND APPROVED by the Town Council of the Town. of Trophy
Club, Texas this the 30th day of September , 1992.
ATTEST:
2 /
Town Seqfetary, d
Town of Trophy Club, Texas
[SEAL)
APPROVED AS TO FORM:
Towntt8Aey,
Town tf Trophy Club, Texas
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u
ayor, Town of rophy Club, Texas