ORD 1986-26TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 0 86-26
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS
FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES
FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1986,
AND ENDING SEPTEMBER 30, 1987, AND FOR EACH
FISCAL YEAR THEREAFTER UNTIL OTHERWISE
PROVIDED, AT A RATE OF $ .12 CENTS PER ONE
HUNDRED DOLLARS ($100.00) ASSESSED VALUATION ON
ALL TAXABLE PROPERTY WITHIN THE CORPORATE
LIMITS OF THE TOWN AS OF JANUARY 1, 1986; DIRECTING
THE ASSESSMENT THEREOF TO PROVIDE REVENUES FOR
THE PAYMENT OF CURRENT OPERATION AND
MAINTENANCE EXPENSES; 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, 1986 and ending
September 30, 1987, 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 adopted
on the 29th day of September, 1986, the budget for the fiscal year beginning
October 1, 1986, and ending September 30, 1987; 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, 1986, and ending September 30,
1987, 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 and valid
State laws, a tax of $ .12 cuts 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 current expenses of the municipal
government of the Town, a tax of $,12 Cents on each One Hundred Dollars
($100.00) assessed value of all taxable property.
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Section 2. That all ad valorem, taxes shall become due and payable on
October 1, 1986, and all ad valorem taxes shall become delinquent after January 31,
1987. There shall be no discount for payment of taxes on or prior to January 31,
1987. 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 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 remained unpaid. Taxes that remain
delinquent on July 1, 1987 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, Texas Property Tax Code.
Section 3. Taxes shall be payable in 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 at the rate of twelve
percent (12%) per annum, 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.
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, 1986, and ending September 30, 1987, this ordinance shall take effect
from and after its passage as the law in such cases provides.
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PASSED AND APPROVED by the Town Council of the Town of Trophy Club,
Texas, this the 29 day of September, 1986.
P.
yo , Town of Trophy C,16b, Texas
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To eeretary, Tow—h-oT Trophy Club, Texas
[SEAL]
AP TO FORM:
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Town/Attorney, Town of Trophy Club, Texas
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