Loading...
HomeMy WebLinkAboutOrdinance 2808 ORDINANCE NO. AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN ANNUAL DIRECT AD VALOREM TAX ON ALL PROPERTY, REAL, PER- SONAL AND MIXED, SITUATED WITHIN THE TERRITORIAL LIMITS OF THE CITY OF FORT WORTH, TEXAS, AND ALL PERSONAL PROP- ERTY OWNED IN SAID CITY OF FORT WORTH, TEXAS, ON THE FIRST DAY OF JANUARY, A. D. 1950, 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 1950 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 ($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. 1950, 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 pro- vided by law, an annual direct special ad valorem tax for the year 1950, for the use and benefit of the Park Fund of the City of Fort Worth, Texas, of nine cents (9f) on every One Hundred Dollar ($3,00.00) 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. 1950, 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 (9#), as aforesaid, shall be and is hereby apportionedt For Park operation, maintenance and upkeep, 9 cents. SECTION III. 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 1950, 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) 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 Jan- uary, A. D. 1950, liable under the law to taxation and not exempt there- from by the Constitution and laws of the State of Texas, which levy, in the aggregate sun of four cents (40), as aforesaid, shall be and is here- by 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 provided by law, an annual direct special ad valorem tax for the year 1950, for General Fund operations and for servicing of General obligation Bonds 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 Pbrt Worth, Texas, on the first day of January, A. D. 1950, 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 $2,381,832.83 has been paid to the Interest and Sinking Pond, 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 Obligation Bonds outstanding shall be and is hereby apportioned for the use and benefit of the said several series of bonds of the City of Ibrt 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 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 Fbrt 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 1950, 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. 1950, and the second install- ment, 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. 1951, 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. 1950, and the second installment of taxes required to be paid by virtue of this ordinance for the current year shall become delinquent on the first day of June, A. D. 1951. 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. 1950, 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 install- ment 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. 1951, as above specified, then the penalty shall attach to the pay- ment of the second installment at the rate of one per cent (1%) per month, or fraction 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 shall 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 ordinance 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 sec- tions of this ordinance, which provision shall be, remain and continue to be in frill 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. r ATTEST- City Secretary APPROVED AS TO FORM: City Attorney SUIE9 DESCRIPTION BOND NUMBERS GRAND TOTAL LEf1Y 36 Storm Sewer 1-100 8 4,350.00 8.00111 37 General Funding 1- 200 7,250.00 .00185 38 Street Improvement 1- 90 2,900.00 .00074 39 Light Extension 1- 50 1,450.00 .00037 39A Mnicipals 1-1000 57,850.00 .01480 (41 Street Improvement 1- 381 25,562#50 .00654 (41 Street Improvement 382- 80O 20,950.00 .00536 42 Light Extension 1- 119 8,180,00 .00209 (42 Light Extension la0- 250 6,550.00 .00167 (43 Fire Improvement 1- 96 7,157.50 .00183 (43 Fire Improvement 97- 200 5,200,00 .00133 44 Municipals 1-1250 73,878.00 .01890 46 Street Improvement 1- 500 23,765.00 .00608 47 Incinerators 1- 71 4,025.00 .00102 48 Parks 1- 100 5,092.50 .00130 49 Recreation 1- 100 5,092.50 .00130 50 City-County Hospital 1- 18 46 Street Improvement 501-1000 24,080.00 .00616 48 Parks 101- 200 5,160.00 .00132 49 Recreation 101- 170 3,44000 .00088 46 Street Improvement 1001-1600 28,921.25 .00740 48 Parks 201- 500 15,311.25 .00392 (46 Street Improvement 1693-2013 21,590,00 .00552 (46 Street Improvement 2014-2200 7,480.00 .00191 52 Street Improvement 1- 700 39,147.50 .01002 55 Lake Worth Bridge 1- 150 7,740.00 .00198 52 Street Improvement 701-1500 47,750.00 .01221 55 Lake Worth Bridge 151- 200 5,968.75 .00153 51 Arterial Thoroughfares 1- 250 14,813*75 .00379 56 Street Improvement 1- 150 8,702.50 .00222 57 Fire protection 1- 250 15,742.50 .00403 58 Airport 1- 150 9,631.25 .00247 51 Arterial Thoroughfares 251- 550 18,045.00 .00461 56 Street Improvement 151- 800 39,575.00 .01012 57 Fire Protection 251- 500 14,560.00 .00373 58 Airport 151- 400 14,560,00 .00373 56 Street Improvement 801-1400 36,495.00 .00933 58 Airport 401- 500 6,082.50 .00156 56 Street Improvement 1401-1455 3,235.00 .00083 51 Arterial Thoroughfares 551- 600 4,760400 .00121 59 Refunding 1- 778 62,915.00 .01610 51 Arterial Thoroughfares 601- 800 9,357.50 .00239 56 Street Improvement 1456-1575 6,697.50 .00172 62 Pleas. Grounds, Parks &'Plgds. 1- 688 34,940.00 .00893 (64 Pleas. Grounds, Parks & Plgds. 1- 189 11,535.00 .00295 (64 Pleas. mounds, Parks & Plgds. 190- 250 1,982.50 .00051 56 Street Improvement 1576-1915 20,750.00 .00531 65 City-County Hospital 1- 138 8,618.75 .00220 66 City Hall & Jail 1- 275 17,275.00 .00442 67 Library 1- 220 6,981.25 .00179 (56 Street Imsprovement 1916-1950 (56 Street Improvement 1951-1965 (56 Street Improvement 1966-2000 15,612.50 .00399 (68 Airport 1- 390 38,775.00 .00992 (68 Airport 391-1000 13,725.00 .00351 (69 Street Improvement 1- 133 12,950,00 .00331 (69 Street Improvement 134- 340 4,657.50 .00119 (CONTINUED) SERIES DESCRIPTION BOND NUMBERS GRW TOTAL Lu r (70 Garage & Repair Shop 1- 63 6,450.00 $.00165 (70 Garage & Repair Shop 64- 160 2,182.50 .00056 (69 Street Improvement 341- 455 9,280.00 .00238 (69 Street Improvement 456- 565 1,925,00 .00049 (72 Marine Creek Drainage & Overflow 1- 102 8,130.00 .00208 (72 Marine Creek Drainage & Overflow 103- 200 1,715.00 .00044 (68 Airport 1001-1042 9,180.00 .00235 (68 Airport 1043-1157 1,150.00 .00029 (68 Airport 1158-1250 1,162.50 .00030 (69 Street Improvement 566- 658 19,380.00 .00495 (69 Street Improvement 659- 911 2,530.00 .00065 (69 Street Improvement 912-1112 20512.50 .00064 (73 Airport 1- 124 251,500.00 .00653 (73 Airport 125- 473 3,490.00 .00089 (73 Airport 474- 750 3,462.50 .00088 (74 Street Improvement 1- 75 16,320.00 .00418 (74 Street Improvement 76- 287 2,120.00 .00054 (74 Street Improvement 288- 453 2,075.00 .00053 (73 Airport 751- 915 12,620,00 .00323 ja_ Airport 916-1050 3,037.50 .00078 (74 street Improvement 454- 970 40,160.00 .01027 (74 Street Improvement 971-1403 9,742.50 .00249 (75 Park 1- 110 8,730.00 .00223 (75 Park 111- 200 2,025.00 .00052 (76 Playground & Recreation Park 1- 30 2,46o,00 .00063 (76 Playground & Recreation Park 31- 50 450.00 .00012 (77 Agricul. & Livestock Ex. Bldg. 1- 273 21,310.00 .00545 (77 Agricul. & Livestock Ex. Bldg, 274- 500 5,107.50 .00130 (74 Street Improvement 1404,1971 34,940.00 .00894 (74 Street Improvement 1972•-2153 4,095.00 .00105 (77 Agricul. & Livestock Ex. Bldg. 501 1070 34,940.00 .00894 (77 Agricul. & Livestock Ex. Bldg. 1071-1250 4,050,00 .00103 (77 Agricul. & Livestock Ex. Bldg. 1251 1454 13,562.50 .00347 (77 Agricul. & Livestock Ex. Bldg. 1455-1500 1,265,00 .00033 (73 Airport 1051-1158 11,250.00 .00287 (73 Airport 1159-1275 3,217.50 .00083 (74 Street Improvement 2154-2357 21,250.00 .00543 (74 Street Improvement 2358-2578 6,077.50 .00156 (73 Airport 1276-1863 61,862.50 .01582 (73 Airport 1864-2500 19,110.00 .00489 (74 Street Improvement 2579-3274 73,225.00 .01873 (74 Street Improvement 3275-4028 22,620.00 .00579 (76 Playground & Recreation Park 51- 122 7,575.00 .00193 (76 Playground & Recreation Park 123- 200 2,340.00 .00060 (74 Street Improvement 4029-4678 17,875.00 .00457 (74 Street Improvement 4679-6328 41,250,00 ,01056 (75 Park 201- 250 1,375.00 .00035 (75 Park 251- 300 1,250,00 .00032 (76 Playground & Recreation Park 201- 250 1,375.00 .00035 (76 Playground & Recreation Park 251- 300 1,250.00 .00032 (74 Street Improvement 6329-6770 6,63o.00 .00169 (74 Street Improvement 6771-8500 30,275.00 .00775 (75 Park 301- 340 600,o0 .00015 (75 Park 341- 500 2,800.00 .00072 (76 Playground & Recreation Park 301- 312 180,00 .00004 (76 Playground & Recreation Park 313- 375 1,102.50 .00029 (81 Incinerators 1- 64 96o.00 .00024 (81 Incinerators 6g- 320 4,480.00 .00115 (CONTINUED) .+ 3 DZSCK[MOK BOND NIIM3 GRAND TOTAL LEVY 33 sewage Disposal 1- 725 $25,950.00 $.00664 34 Water Works Funding 1- 400 14,500.00 .00370 35 Sanitary Sewers 1- 325 11,600.60 .00297 (40 Water & Sanitary Sewers 1- 715 48,057.50 .01229 (40 Water & Sanitary Sewers 716-1500 39,777.33 .01018 (45 Water & Sanitary Sewers 1-1500 72,922.50 .01865 (45 Water & Sanitary Sewers 1501-2000 2-4,080.00 .00616 (45 Water & Sanitary Sewers 2001-2600 28,921.25 .00740 (45 Water & Sanitary Sewers 2705-3080 25,400.00 .00650 (45 Water & Sanitary Sewers 3081-3300 8,800.00 .00225 53 Sewage Disposal 1- 600 33,555.00 .00858 54 Water Extensions 1- 100 5,592.50 .00143 53 Sewage Disposal 601-1100 29,W.75 .00764 54 Water Extensions 101- 200 5,968.75 .00152 -- Water Revenue 1- 500 (60 Water Works Refunding 1- 364 (60 Water Works Retnnding 365-1495 95,115.00 .02434 63 Sewage Disposal 1- 91 5,047.50 .00129 (71 Sanitary sew. & Sewage Disposal 1- 52 6,330.00 .00162 (71 Sanitary Sew. & Sewage Disposal 53- 158 2,120,00 .00055 (1934 Handley Water & Sewer 41- 124 7,540.00 .00192 (1934 Handley Water & Sewer 41- 124 180.00 .00004 (1946 Handley Water & Sewer 3- 29 3,390.00 .00087 (1946 Handley Water & Sewer 30- 55 650.00 .00017 (78 Sanitary Sew. & sewage Disposal 1- 570 34,940.00 .00893 (78 Sanitary Sew. & Sewage Disposal 571- 750 4,050.00 .00104 (79 Water Works 1- 808 52,175.00 .01335 (79 Water Works $09-1000 5,280,00 .00135 (78 Sanitary sew. & Sewage Disposal 751- 870 12,500.00 .00319 (78 Sanitary Sew. & Sewage Disposal 871-1000 3,575.00 .00092 (79 Water Works 1001-1036 3,750.00 .00096 (79 Water Works 1037-1075 1,072.50 .00027 (78 Sanitary sew. & Sewage Disposal 1001-1480 50,500.00 .01292 (78 Sanitary Sew. & Sewage Disposal 1481-2000 15,600.00 .00399 (79 Water Works 1076-19" 97,212,50 .02488 (79 Water Works 2000•-3000 30,030.00 .00768 TOTAL $2,381,832.83 $.60926 ORDINANCE No. �o. rite Date Fits nay of City S retary �f i. i P. O.Na 13697-R s'