ORD 1998-26TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 98-26
AN ORDINANCE OF THE TOWN OF TROPHY CLUB,
TEXAS FIXING AND LEVYING 1VIQNICIPAL AD
VALOREM TAXES FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1998 AND ENDING SEPTEMBER 30, 1999,
AND FOR EACH FISCAL YEAR THEREAFTER UNTIL
OTHERWISE PROVIDED, AT A RATE OF S.4658 PER ONE
HUNDRED DOLLARS ($100.00) ASSESSED VALUATION
ON ALL TAXABLE PROPERTY WITHIN THE
CORPORATE LIAHTS OF THE TOWN AS OF JANUARY 1,
1998; 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, 1998 and ending September 30, 1999,
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 25th day of September, 1998, the
budget for the fiscal year beginning October 1, 1998 and ending September 30, 1999; 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, 1998 and ending September 30, 1999, 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, 1998, and not
exempted by the Constitution of the State, valid State laws or this ordinance, a tax of $.4658 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,
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a tax of $.4060 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 $.0598 on each One Hundred Dollars ($100.00) assessed value of all taxable property.
Section 2. All ad valorem taxes shall become due and payable on October 1, 1998, and
all ad valorem taxes shall become delinquent after January 31, 1999. There shall be no discount
for payment of taxes on or prior to January 31, 1999. 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, 1999 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.
PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas
this the 25th day of September, 1998.
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Mayor, Town of Tydphy Club, Texas
ATTEST:
Town Secretary,
Town of Trophy Club, Texas
[SEAL]
APPROVED AS TO FORM:
Town Attorney,
Town of Trophy Club, Texas
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