HomeMy WebLinkAboutResolution 116 a;-
UTION FILE NO.
RE S0LUT' I
WHEREAS, the State of Texas did authorize a vote of the people on
an amendment to the Texas Constitution permitting the exemption of up to
$3,000 of the assessed value of resident homesteads of persons sixty-five
years of age or older; and,
WHEREAS, such amendment was voted on by the electorate of the State
of Texas on November 7, 1972; and,
WHEREAS, the required Constitutional amendment was duly adopted by
the residents of the State of Texas and carried by a large majority in
the City of Fort Worth: NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH:
SECTION I. That pursuant to Article VIII, Section I-b of the Texas
Constitution, $3,000 of the assessed value of resident homesteads of
persons sixty-five years of age or older, shall be exempt from City ad
valorem taxes when taxes are levied for the year 1973, and all subsequent
levies, as approved by the Council, upon the owners' compliance with the
following requirements:
a) The owner of the resident homestead shall be sixty-
five years of age or older as of January 1, of the
tax year;
b) The owner of the resident homestead shall submit to
the Tax Assessor-Collector for the City before
April 30, 1973, and before each April 30th of sub-
sequent years, an affidavit accompanied by adequate
proof that the owner of the property in question
is sixty-five years of age or older;
c) Other lawful qualifications that may be included
in the tax levy ordinance.
SECTION II. That any person who makes a false affidavit in claiming
a homestead exemption shall be subject to all penalties and interest charges
which accrue for lack of payment of taxes, and all other appropriate crimi-
nal penalties.
SECTION III. That this resolution shall take effect immediately
from and after its passage in accordance with the provisions of the
Charter of the City of Fort Worth and it is accordingly so resolved.