HomeMy WebLinkAboutOrdinance 2087 ORDINANCE NO. 9,997
AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION
OF AN ANNUAL DIRECT AD VALOREM TAX ON ALL PROPERTY,
REAL, PERSONAL AND MIXED, SITUATED WITHIN THE TER-
RITORIAL LIMITS OF THE CITY OF FORT WORTH, TEXAS,
AND ALL PERSONAL PROPERTY OWNED IN SAID CITY OF
FORT WORTH, TEXAS, ON THE FIRST DAY OF JANUARY, A. D.
1940, EXCEPT SUCH PROPERTY AS MAY BE EXEMPT FROM
TAXATION BY THE CONSTITUTION AND LAWS OF THE STATE
OF TEXAS.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS:
SECTION I.
There is hereby levied and shall be collected, as provided by law,
an annual direct special ad valorem tax for the year 1940 for the support
and maintenance of a free Public Library in the City of Fort Worth, Texas,
of three cents (30) on every One Hundred Dollar ($100.00) valuation on all
property, real, personal and mixed, situated in and all personal property
owned in the City of Fort Worth, Texas, on the first day of Jenuary, A. D.
1940, liable under the law to taxation and not exempt therefrom by the Con-
stitution and laws of the State of Texas.
SECTION II.
There is also hereby levied and there shall be collected, as provid-
ed by law, an annual direct special ad valorem tax for the year 1940, for
the use and benefit of the Park Fund of the City of Fort Worth, Texas, of
nine cents (9¢) on every One Hundred Dollar ($100.00) valuation on all prop-
erty, real, personal and mixed, situated in and all personal property owned
in the City of Fort North, Texas, on the first day of January, A. D. 1940,
liable under the law to taxation and not exempt therefrom by the Constitution
and laws of the State of Texas, which levy, in the aggregate sum of nine
cents (90), as aforesaid, shall be and is hereby apportioneds
For Park operation, maintenance, upkeep and to pay maturities
and interest on park notes and warrants, 9 cents.
The Commissioner of Accounts shall transfer from current tax
collections the sum of $3,277.23 to pay maturities and inp-
terest on notes and warrants. After this amount has been
transferred to Park Interest and Sinking Fund, the remaining
current tax collections will revert to the Park General Fund,
as well as all delinquent taxes collected for prior years.
SECTION III.
There is also hereby levied and there shall be collected, as provided
by law, an annual direct special ad valorem tax for the year 1940, for the
use and benefit of the Recreation Fund of the City of Fort Worth, Texas,
of two cents (2¢) on every One Hundred Dollar ($100.00) valuation on all
property, real, personal and mixed, situated in and all personal property
owned in the City of Fort Worth, Texas, on the first day of January, A. D.
1940, liable under the law to taxation and not exempt therefrom by the Con-
stitution and laws of the State of Texas, which levy, in the aggregate sum
of two cents (20), as aforesaid, shall be and is hereby apportioned:
For Recreation operation, maintenance, upkeep and to pay
maturities and interest on Recreation notes and warrants,
2 cents.
The Commissioner of Accounts shall transfer from current
tax collections the sum of Up670.00 to pay maturities, in-
terest and set up a Sinking Fund on notes and warrants.
After this amount has been transferred to Recreation In-
terest and Sinking Fund, the remaining current tax collect..
tions will revert to the Recreation General Fund, as well
as all delinquent taxes collected for prior years.
SECTION IV.
That there is also hereby levied and there shall be collected, as
provided by law, an annual direct special ad valorem tax for the year 1940,
for General Fund operations and for servicing of General Fund obligations
outstanding of the said City of Fort Worth, of 1,61 dollars on every One
Hundred Dollar ($100.00) valuation on all property, real, personal and mixed,
situated in and all personal property owned in the City of Fort Worth, Texas,
on the first day of January, A. D. 1940, liable under the law to taxation
and not exempt therefrom by the Constitution and lass of the State of Texas.
The Commissioner of Accounts shall pay each seek to the Interest and Sinking
Fund forty—five per cent (45%) of the current taxes collected for General
Fund operations and debt service until $867,484.70 has been paid to the In..
terest and Sinking Fund, after which all of said collections will remain in
the General Fund. In this way the General Fund will absorb any Interest
and Sinking Fund delinquencies and in consideration of which will receive
all delinquent tax collections the entire year. The servicing of General
Fund obligations outstanding shall be and is hereby apportioned for the use
and benefit of the said several series of bonds of the City of Fort Worth,
Texas, as follows, respectively:
SZM5_ Ma"M BOND ORM VOM LM
1 Refunding 1-600 $15,200.00 0.0090
2 Refunding 1-149 4,720.00 .0028
36 Storm Sewers 1-100 5,850.00 -0035
37 General Funding 1-200 9,750.00 -0058
38 Street Improvement 1- 90 3,900.00 .0023
39 Light Extension 1- 50 1,950.00 .0010
Municipals 7-1-22 1-1000 57,600.00 .0343
(41 Street Improvement 1-381 25,720.00 .0153
(41 Street Improvement 382-800 20,950.00 .o126
(42 Light Extension 1-119 8,082.50 .0048
{42 Light Extension 120-250 6,550.00 .0039
(43 Fire Extension 1- 96 6,430.00 .0038
(43 Fire Extension 97-200 5,200.00 .0030
44 Municipals 1-1250 39,250.00 .0234
46 Street Improvement 1-500 30,o65.00 .0179
47 Incinerators 1- 71 3,722.50 .0022
48 Parks 1-100 6,442.50 .0038
49 Recreation 1-100 6,442.50 .0038
50 City-county Hospital 1- 18 1,337.50 .0008
46 Street Improvement 501-1000 30,380.00 .0180
48 Parka 101-200 6,510.00 .0038
49 Recreation 101-170 4,340.00 .0026
46 Street Improvement 1001-1600 36,146.25 .0216
48 Parks 201-500 19.136.25 .0114
(46 Street Improvement 16ol-1692 --------- ----
(46 Street Improvement 1693-2013 29,240.00 .0174
(46 Street Improvement 2014-2200 7,480.00 .0045
52 Street Improvement 1-700 38,990.00 .0233
55 Lake Worth Bridge 1-150 8,355.00 .0050
52 Street Improvement 701-1500 48,300.00 .0288
55 Lake Worth Bridge 151-250 6,037.50 .0036
51 Arterial Thoroughfares 1-250 15.331.25 .0092
56 Street Improvement 1-150 9,198.75 •0055
57 Fire Protection 1-250 15.331.25 •0092
58 Airport 1-150 9,198.75 •0055
51 Arterial Thoroughfares 251-550 17,880.00 .0107
56 Street Improvement 151-800 38,740.00 .0230
57 Fire Protection 251-500 14,900.00 .0089
58 Airport 151-400 14,900.00 .0089
56 Street Improvement 801-1400 36,030.00 .0215
58 Airport 401-500 6,005.00 .0036
56 Street Improvement 1401-1455 3,947.50 .0023
51 Arterial Thoroughfares 551-600 4,185.00 .0025
59 Refunding 1-778 35,010.00 .0210
51 Arterial Thoroughfares 601-800 15,842.50 .0095
56 Street Improvement 1456-1575 6,851.25 .0040
61 Tuberculosis Sanatorium 1- 3 19,285.00 .0115
62 Pleasure Grds.,Pka, Playgrds. 1-688 27,870.00 .o166
64 n n n it 1-189 11,950.00 .0072
64 " " " if 190-250 1,982.50 .0010
56 Street Improvement 1576-1915 15,900.00 .0095
(CONTINUED)
SE'121 D&SCfZIMON BOND NUMBERS GRAND TOTAL LEVY
(-- Refunding 1- 10 350.00 .0002
(-- Refunding 11- 53 1,720.00 .0010
65 City-county Hospital 1-138 6,043.75 .0036
66 City Hall and Tail 1-275 11,106.25 .0067
67 Library 1-220 9,118.75 -0048
(56 Street Improvement 1916-1950 875.00 .0005
(56 Street Improvement 1951-1965 300.00 .0002
(56 Street Improvement 1966-2000 612.50 .0004
(1936 Airport Impvt. warrants 1- 53 9,157.50 -0054
(1936 it It if 54- 96 --------- ----
Ft. Worth Stock Yards Note 1 7,100.00 .0043
1936 Airport Impvt. +iarrants 97-125 5,350.00 .0043
Due to Federal Government 1 5,900-00 .0035
TOTAL GENERAL FUND DEBT $872,050.00 $-5200
SECTION V.
That these special tax levies, which are hereinbefore made, to pro-
vide for the payment of interest and to create a sinking fund or to dis-
charge and pay principal and interest on any obligations due or owing by
the City of Fort Worth, Texas, are not to be taken as in addition to levies
for the same purpose in the respective ordinances authorizing and creat-
ing such obligations, but the levies hereinbefore made are made pursuant
to and for the purpose of carrying out and complying with the provisions
of said prior ordinances, and ad valorem taxes herein are levied upon all
taxable property, real, personal and mixed, situated in and all personal
property owned in the City of Fort Worth, Texas, as assessed, valued and
described in the assessment tax rolls and the tax books of the City of
Fort Worth, Texas, for the year 1940, and any supplemental assessments
thereof, as the same have been or shall be presented to the City Council
of the City of Fort Worth, Texas, by the Assessor and Collector of Taxes
of said City of Fort Worth, Texas.
SECTION VI.
That the taxes herein levied and authorized and required to be col-
lected shall be and become due and payable in two equal installments. The
first installment, which amount shall be fifty per cent (50%) of the total
sum of the taxes due and payable for the current year, shall be due and
payable on the first day of October, A. D. 1940, and the second installment,
which amount shall be the remaining fifty per cent (50%) of the total sum
due and payable in taxes for the current year, shall become due and payable
on the first day of April, A. D. 1941.
SECTION VII.
The first installment of taxes required to be paid by virtue of this
ordinance for the current year shall become delinquent on the first day of
December, A. D. 1940, and the second installment of taxes required to be
paid by virtue of this ordinance for the current year shall become de-
linquent on the first day of June, A. D. 1941.
SECTION VIII.
Should any taxpayer permit his taxes to become delinquent, that is
to say, should fail or refuse to pay the first installment, said install-
ment being fifty per cent (50%) of the total amount of taxes due for the
current year, before the first day of December, A. D. 1940, as above speci-
fied, then and in that event, the second installment shall also immediately
become due and delinquent and a penalty shall attach to the payment of such
taxes at the rate of one per cent (1%) per month, or fraction thereof, for
each month thereafter; and should any taxpayer pay the first installment
of his taxes as hereinabove provided, but should permit the second install-
ment of his taxes to become delinquent, that is to say, should fail or re-
fuse to pay said second installment before the first day of June, A. D.
1941, as above specified, then the penalty shall attach to the payment of
the second installment at the rate of one per cent (1%) per month, or frao-
Lion thereof, on each month thereafter.
SECTION I%.
That said penalty of one per cent (1%) per month shall be added to
said taxes in the event the payment thereof should become delinquent as
above set forth and said penalty shall attach on the first day of each
month thereafter, until the taxes shall have been paid, which penalty shall
be and become a part of said taxes and be payable as such; and provided
further that in the event of the publication of the delinquent tax lists,
or if suit is brought to recover such taxes and penalties and the delinquent
taxpayer shall be subject to the payment of said taxes, penalties and costs,
and the same shall be and become a lien upon the property of such taxpayer,
as prescribed by the Charter of the City of Fort Forth, Texas, and the
laws of the State of Texas, the said taxes with penalties and costs shall
be and become and they are hereby made a paramount lien to all other liens
whatsoever on the property on which said taxes are levied.
SECTION %.
Should any part, portion, section or part of a section of this ordi—
nance be declared invalid or inoperative or void for any reason by a court
of competent jurisdiction, such decision, opinion or judgment shall in no
way affect the remaining portions, parts, sections or parts of sections of
this ordinance, which provision shall be, remain and continue to be in full
force and effect.
SECTION %I.
That this ordinance shall take effect and be in full force and ef-
fect from and after the date of its passage as provided by law.
mayor
ATTEST t
City Secretary
APPROVED AS TO FORS.,
City Attorney
ORDINANCE
No.
Tide V
Date
Filed — _-- day of
City SecrdWy