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Home My WebLink AboutOrdinance 2592 ORDINANCE NO. 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 TERRITORIAL LIMITS OF THE CITY OF FORT WORTH, TEAS, AND ALL PER- SONAL PROPERTY OWNED IN SAID CITY OF FORT WORTH, TEXAS, ON THE FIRST DAY OF JANUARY, A. D. 1948, EXCEPT SUCH PROPERTY AS MAY BE EXEMPT FROM TAXATION BY THE CON- STITUTION 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 1948 for the support and maintenance of a free Public Library in the City of Fort Worth, Texas, of five cents (50) on every One Hundred Dollar (6100.00) 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. 1948, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas. SECTION II. There is also hereby levied and there shall be collected, as provided by law, an annual direct special ad valorem tax for the year 1948, 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 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. 1948, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas, which levy, in the aggre- gate sum of nine cents (9¢), as aforesaid, shall be and is hereby appor- tioned: For Park operation, maintenance and upkeep, 9 cents. 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 1948, for the use and benefit of the Recreation Fund of the City of Fort Worth, Texas, of four cents (40 on every One Hundred Dollar ($100.00) valua- tion on all property, real, personal and mixed, situated in and all per- sonal property owned in the City of Fort Worth, Texas, on the first day of January, A. D. 1948, 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 four cents (40). as aforesaid, shall be and is hereby apportioned: For Recreation operation, maintenance, upkeep and to pay interest on Recreation notes and warrants, 4 cents. SECTION IV. That there is also hereby levied and there shall be collected, as pro- vided by law, an annual direct special ad valorem tax for the year 1948, for General Fund operations and for servicing of General Fund obligations outstanding of the said City of Fort Worth, of 1.49 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. 1948, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas. The Commissioner of Accounts shall pay each week to the Interest and Sinking Fund forty-five per cent (45%) of the current taxes collected for General Fund operations and debt service until $1,270,710.05 has been paid to the Interest 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: 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 creating such obligations, but the levies hereinbefore made are made pur- suant to and for the purpose of carrying out and complying with the pro- visiona 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 1948, and any supplemental as- sessments 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 Col- lector 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. 1948, 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. 1949. 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. 1948, 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. 1949, 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 installment being fifty per cent (50%) of the total: amount of taxes due for the cur- rent year, before the first day of December, A. D. 1948, as above speci- fied, then and in that event, the second installment shall also immediate- ly 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 installment of his taxes to become delinquent, that is to say, should fail or refuse to pay said second installment before the first day of June, A. D. 1949, 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 fraction thereof, on each month thereafter. SECTION Ia. 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 pro- vided 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, penal- ties 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 Worth, 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 X. 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 XI. That this ordinance shall take effect and be in full force and effect from and after the date of its passage as provided by law. Mayor ATTEST: City Secretary APPROVED AS TO FORM: ity,Attefter SERIES DESCRIPTION BOND NU14BEftS GRAND TOTAL LEVY 36 Storm Sewers 1- 100 $ 4,650,00 $.00134 37 General Funding 1- 200 7,750.00 .00225 38 Street Improvement 1- 90 3,100.00 .00089 39 Light Extension 1- 50 1,550,00 .00045 39A Municipals 1-1000 57,850.00 .01676 (41 Street Improvement 1- 381 25,722.50 .00745 (41 Street Improvement 382- 800 20,950.00 .00607 42 Light Extension 1- 119 7,877.50 .00228 (42 Light Extension 120- 250 6,550.00 .00190 (43 Fire Improvement 1- 96 6,720.00 .00195 (43 Fire Improvement 97- 200 5,200.00 .00150 44 Municipals 1-1250 36,750.00 .01065 46 Street Improvement 1- 500 25,025.00 .00725 47 Incinerators 1- 71 4,205.00 .00122 48 Parke 1- 100 5,362.50 .00155 49 Recreation 1- 100 5,362.50 .00155 50 City-County Hospital 46 Street Improvement 501-1000 25,340.00 .00734 48 Parks 101- 200 5,430.00 .00155 49 Recreation 101- 170 3,620.00 .00105 46 Street Improvement 1001-1600 30,366.25 .00880 48 Parks 201- 500 16,076.25 .00465 (46 Street Improvement 1693-2013 23,120.00 .00670 (46 Street Improvement 2014-2200 7,480.00 .00217 52 Street Improvement 1- 700 40,932.50 .01185 55 Lake Worth Bridge 1- 150 8,080.Oo .00234 52 Street Improvement 701-1500 50,030.00 .01451 55 Lake Worth Bridge 151- 250 62253.75 .00181 51 Arterial Thoroughfares 1- 250 13,431.25 .00389 56 Street Improvement 1- 150 8,058.75 .00233 57 Fire Protection 1- 250 13,431.25 .00389 58 Airport 1- 150 8,058.75 .00234 51 Arterial Thoroughfares 251- 550 15,720.00 .00455 56 Street Improvement 151- 800 34,060.00 .00987 57 Fire Protection 251- 500 13,100.00 .00379 58 Airport 151- 400 13,100.00 .00380 56 Street Improvement 801-1400 31,710.00 .00918 58 Airport 401- 500 5,285.00 .00153 56 Street Improvement 1401-1455 3,425.00 .00100 51 Arterial Thoroughfares 551- 600 4,092.50 .00118 59 Refunding 1- 778 70,515.00 .02044 51 Arterial Thoroughfares 601- 800 14,970.00 .00434 56 Street Improvment 1456-1575 6,957.50 .00201 62 Pleas. Grds., Parks & Pigde. 1- 688 58,337.50 .01690 (64 Pleas. Grds., Parks & Plgds. 1- 189 12,095.00 .00350 (64 Pleas. Grds., Parks & Plgds. 190- 250 1,982.50 .00058 56 Street Improvement 1576-1915 20,520.00 .00594 65 City-County Hospital 1- 138 8,993.75 .00261 66 City Hall & Jail 1 275 18,025.00 .00522 67 Library 1- 220 18,487.50 .00535 (56 Street Improvement 1916-1950 15,375.00 .00446 (56 Street Improvement 1951 1965 300.00 .00008 (56 Street Improvement 1966-2000 612.50 .00018 (68 Airport 1- 390 32,E650 .00953 (68 Airport 391-1000 13,725#00 .00398 (69 Street Improvement 1- 133 12,525.00 .00363 (69 Street Improvement 134- 340 '4,657.50 .00134 (70 Garage & Repair Shop 1- 63 5,725.00 .00166 (70 Garage & Repair Shop 64- 160 2,182.50 .00064 p (CONTINUED) SERIFS, DESCRIPTION BOND NUMBERS GRAND TOTAL LEVY (69 Street Improvement 341- 455 $ 8,570.00 $.00248 (69 Street Improvement 456- 565 1,925.00 .00056 72 Marine Creek Drainage & Overflow 1- 102 7,400.00 .00214 72 Marine Creek Drainage & Overflaw 103- 200 1,715.00 .00050 68 Airport 1001 1042 8,880.00 .00257 (68 Airport 1043-1157 1,150.00 .00033 (68 Airport 1158-1250 1,162.50 .00034 (69 Street Improvement 566- 658 20,900.00 .00605 (69 Street Improvement 659- 911 2,530.00 .00074 (69 Street Improvement 912-1112 2,512.50 .00072 (73 Airport 1- 124 27,500.00 .00797 (73 Airport 125- 473 3,490,00 .00101 (73 Airport 474- 750 3,462.50 .00100 (74 Street Improvement 1- 75 16,540.00 .00479 (74 Street Improvement 76- 287 2,120.00 .00062 (74 Street Improvement 288- 453 2,075.00 .00060 (73 Airport 751- 915 13,020.00 .00377 (73 Airport 916-1050 3,037.50 .00088 (74 Street Improvement 454- 970 40,410.00 .01171 874 Street Improvement 971-1403 9,742.50 .00282 75 Park 1- 110 9,010.00 .00261 (75 Park 111- 200 2,025.00 .00059 (76 Playgrounds & Recreation Park 1- 30 2,540.00 .00073 (76 Playgrounds & Recreation Park 31- 50 450.00 .00013 (77 Agricultural & Livestock Exhibit Bldg. 1 273 20,980.00 .00609 (77 Agricultural & Livestock Exhibit Bldg. 274- 500 5,107.50 .00148 (74 . Street Improvement 1404-1971 34,900.00 .01011 (74 Street Improvement 1972-2153 4,095.00 .00118 (77 Agricultural.& Livestock Exhibit Bldg. 501-1070 34,920.00 .01012 (77 Agricultural & Livestock Exhibit Bldg. 1071-1250 4,050.00 .00117 (77 Agricultural & Livestock Exhibit Bldg. 1251-1454 13,000.00 .00377 (77 Agricultural & Livestock Exhibit Bldg. 1455-1500 1,265.00 .00037 (73 Airport 1051-1158 11,700:00 .00338 (73 Airport 1159 1275 3,217.50 .00094 (74 Street Improvement 2154-2357 22,100.00 .00640 (74 Street Improvement 2358..2578 6,077.50 .00176 TOTAL 11,277,291.00 $.37000 ORDINANCE No. Title Date--- ' ... Dayor ,,. .; 19 , City Secretary P.O.Na n7s a