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HomeMy WebLinkAboutResolution 2870'~ t A Resolution ~~ aa7o AUTHORIZING ADDITIONAL PENALTY ON DELINQUENT FORT WORTH PUBLIC IMPROVEMENT DISTRICT TAXES UNDER SECTION 33 08, TAX CODE WHEREAS, the City of Fort Worth has contracted with private legal counsel to enforce collection of delinquent public improvement district taxes pursuant to Section 6 30 Texas Tax Code WHEREAS, such private legal counsel is entitled to 15% of the delinquent taxes, penalty and interest that are collected and subject to the contract, and the City of Fort Worth has previously imposed the additional penalty for collection costs under Section 33 07 Texas Tax Code and WHEREAS, Section 33 08 of the Texas Tax Code authorized the City of Fort Worth, a taxing unit, to further provide that taxes that become delinquent on or after June 1 of the year in which they become delinquent shall incur an additional penalty not. to exceed 15% of the tax, regular penalty and interest, in order to defray costs of collection NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fort Worth that all 1998 taxes and taxes for all subsequent years which become delinquent on or after June 1 of the year in which they become delinquent shall, in order to defray costs of collection, incur an additional penalty of 15% of the tax, regular penalty and interest PASSED AND APPROVED this I ~~ day of ~'_y^c~~ , 2002 c~ - _ Kenneth Barr Mayor City of Fort Worth, TX ATTEST City Secretary ~~~~~® CITY C4UN~~~~ S E P 17 2002 ~d ~~~ itg Secc~tarp °! t?tu r °C Fart WorFh, '~•::afi