ORD 1990-14TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 0 90-1.4
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS
FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES
FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1990,
AND ENDING SEPTEMBER 30, 1991, AND FOR EACH
FISCAL YEAR THEREAFTER UNTIL OTHERWISE
PROVIDED, AT A RATE OF $.2495 PER ONE HUNDRED
DOLLARS ($100.00) ASSESSED VALUATION ON ALL
TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS
OF THE TOWN AS OF JANUARY 1, 1990; 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, 1990 and ending September 30, 1991,
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, by a separate
ordinance, the budget for the fiscal year beginning October 1,
1990, and ending September 30, 1991; 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 and is hereby levied and
ordered to be assessed and collected for the fiscal year
beginning October 1, 1990, and ending September 30, 1991, and
for each fiscal year thereafter until otherwise provided, on
all taxable property, areal, 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 $.2495 on each One Hundred Dollars
($100.00) assessed value of taxable property, which shall be
apportioned and distributed as follows:
(a) For the purpose of defraying the maintenance and
operation expenses of the Town, a tax of $0.2495 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 $0.0 on each One
Hundred Dollars ($100.00) assessed value of all taxable
property.
Section 2. That all ad valorem taxes shall become due
and payable on October 1, 1990, and all ad valorem taxes shall
become delinquent after January 31, 1991. There shall be no
discount for payment of taxes on or prior to January 31, 1991.
A delinquent tax shall incur all penalty and interest
authorized by law, Section 33.01 of the Texas Property Tax
Code, to wit: a penalty of 64 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, 1990 incur an
additional penalty of 150 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, Texas Property Tax Code.
Section 3. Taxes shall be payable in the Town of Trophy
Club, Texas at the office of the Tax Collector. 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 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.
Section 6. if any section, paragraph, sentence, clause,
phrase or word in this ordinance, or application thereof by any
person or circumstance, is held invalid by any Court of
competent jurisdiction, such holding shall not affect the
validity of the remaining portions of the ordinance, which
remaining portions shall remain in full force and effect.
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Section 7. The fact that it is necessary that this
ordinance be enacted in order to authorize the collection of ad
valorem taxes for the fiscal year beginning October 1, 1990,
and ending September 30, 1991, this ordinance shall take effect
from and after its passage as the law in such cases provides.
PASSED AND APPROVED by the Town Council of the Town of
Trophy Club, Texas, this the 24th day of September, 1990.
Town of Trophy Club, Texas
[SEAL]
APPROVED AS TO FORM:
Town At orney
Town of Trophy Club, Texas
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