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ORD 1999-26TOWN OF TROPHY CLUB, TEXAS ORDINANCE NO.1999- 26 AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1999 AND ENDING SEPTEMBER 30, 2000, AND FOR EACH FISCAL YEAR THEREAFTER UNTIL OTHERWISE PROVIDED, AT A RATE OF 5.46051 PER ONE HUNDRED DOLLARS (5100.00) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE TOWN; 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; PROVIDING A CUMULATIVE CLAUSE; PROVIDING A SAVINGS CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR ENGROSSMENT AND ENROLLMENT; AND PROVIDING 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, 1999 and ending September 30, 2000, 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 31st day of August, 1999, the budget for the fiscal year beginning October 1, 1999, and ending September 30, 2000; 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. APPROVING THE TAX RATE AND LEVY There be and is hereby levied and ordered to be assessed and collected for the fiscal year beginning October 1, 1999, and ending September 30, 2000, 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 S.46051 on each One Hundred Dollars TOWN OF TROPHY CLUB, TEXAS ORDINANCE - Page I of 4 S:%SIIARL\LAW—WPITi TFANkITROPHYCLIORD INANC4\DVOLTAX.ORD ($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 municipal government of the Town, a tax of $.4150 on each One Hundred Dollars ($100.00) assessed value of all taxable property; and (b) For the purpose of the payment of principal and interest on the debt of the Town. a tax of $.04551 on each One Hundred Dollars ($100.00) assessed value of all taxable property. SECTION 2. DUE DATE AND DELINQUENCY DATE All ad valorem tares shall become due and payable on October 1, 1999, and all ad valorem taxes shall become delinquent after January 31, 2000. There shall be no discount for payment of taxes on or prior to January 31, 2000. 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 twelve percent (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 I% for each month or portion of a month the tax remains unpaid. Taxes that become delinquent on or after February 1, 2000, but not later than May 1, 1999, that remain delinquent on July 1, 2000 incur an additional penalty of 15% of the amount of taxes, penalty and interest due; however, taxes that become delinquent on or after June 1, 2000 under Section 31.03, 31.03 1, a" 1.032, or 31.04 of the Texas Property Tax Code incur an additional penalty of 15%. Such additional penalties are 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. TOWN ASSESSOR/COLLECTOR 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. TOWN OF TROPHY CLUB, TEXAS ORDINANCE - Page 2 of 4 S:1SI[AREILAW-WP1TIF ANYITROPIiYCL10RDINANa'kDVOLTAx.ORD SECTION 4. PENALTY AND INTEREST All delinquent taxes shall bear interest as provided by State law, in addition to the penalties. SECTION 5. CUMULATIVE CLAUSE This ordinance shall be cumulative of all provisions of ordinances of the Town except when 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 6. SEVERABILITY CLAUSE The sections, paragraphs, sentences, phrases, clauses and words of this Ordinance are severable, and if any section, article, 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 or 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. SAVINGS CLAUSE All rights and remedies of the Town are expressly saved as to any and all violations of the provisions of any other ordinance affecting ad valorem taxes which have secured at the time of the effective date of this Ordinance; and, as to such accrued violations and all pending ligation, 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 court. SECTION S. ENGROSSMENT AND ENROLMENT The Town Secretary is hereby directed to engross and enroll this Ordinance by copying the caption, publication clause, and effective date clause in the minutes of the Town Council and by filing this Ordinance in the ordinance records of the Town. TOWN OF TROPHY CLUB, TEXAS ORDINANCE - Page 3 of 4 S:\SHARE\LAW—WMTIFFANYITROPHYCLXORDINANC\ADVOLTAX.ORD SECTION 9. PUBLICATION CLAUSE The Town Secretary is hereby directed to publish in one issue of the official newspaper of the Town the caption and effective date clause of this Ordinance as required by Section 52.011 of the Texas Local Government Code. SECTION 10. EFFECTIVE DATE This ordinance shall become effective from and after its date of passage and publication as required by law. PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas this the 24th day of September, 1999. Mayor, Town4Trl lub, Texas ATTEST• fl Town Secretary, Town of Trophy Club, Texas [SEAL] APPROVED AS TO FO Zl— y Town Attorne, Town of Trophy Club, Texas TOWN OF TROPHY CLUB, TEXAS ORDINANCE - Page 4 of 4 S:ISHARE1LAw_W PITIFFANYITROPHYCLIORD INANCIADVOLTAx.ORD