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HomeMy WebLinkAboutOrdinance 2009 r ORDINANCE NO. ----f— AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN ANNUAL DIRECT AD VALOREM TAX ON ALL PROPERTY, REAL', VRSONAL AND MIXED, SITUATED WITHIN THE TER- RITORIAL LILTITS OF THE CITY OF FORT WORTH, TEXAS, AND ALL PERSONAL PROPERTY 070M IN SAID CITY OF FORT WORTH, TEXAS, ON THE FIRST DAY OF JANUARY, A. D. 1938, EXCEPT SUCH PROPERTY AS MAY BE EXTa r 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, TEXASt SECTION I. There is hereby levied and shall be collected, as provided by law, an annual direct special ad valorem tax for the year 1938 for the support and maintenance of a free Public Library in the City of Port 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 January, A. D. 1938, 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 oollected, as pro- vided by law, an annual direct special ad valorem tax for the year 1938, for the use and benefit of the Park Fund of the City of Port 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. 1938, 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 apportioned; For Park operation, maintenance, upkeep and to pay ma- turities and interest on park notes and warrants, 9 cents. The Commissioner of Accounts shall transfer from current tea collections the sum of g��_ to pay maturities and interest on notes and warrauls. 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 pro- vided by law, an annual direct special ad valorem tax for the year 1938, 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. 1938, 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 (2g), 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 2.9Z2,45 to pay ma- turities, interest and set up a Sinking Fund on notes and warrants. After this amount has been transferred to Recrea- tion Interest and Sinking Fund, the remaining current tax collections will revert to the Recreation General Fuld, 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 1938, 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 ($10040) 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, jL. D. 1938, 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 Amd operations and debt service until $ 845.430,88 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 de— linquent tax collections the entire year. The servicing of General Fund obliga— tions outstanding shall be and is hereby apportioned for the use and benefit of the said several series of bon.'s of the City of Fort Worth, Texas, as follows, respectively: SnISS DFAORIPTION BOND NOMB= GRAND TOTAL LEVY 1 Refunding 1-600 $ 660.75 $00004 2 Refunding 1-149 3,792.00 .0023 36 Storm Sewers 1-100 6,150.00 .0037 37 Gen'l. Funding 1-200 10,250.00 .0063 38 Street Improvement 1- 90 4,100.00 .0025 39 Light Extension 1- 50 2,050,00 .0013 -- municipals 1-1000 57,450.00 .0352 (41 Street Improvement 1-381 26,092.50 .0161 (41 Street Improvement 382-800 20,950.00 .0128 (42 Light Extension 1-119 8,532650 .0052 (42 Light Extension 120-250 5,550000 .0041 (43 Fire Improvement 1- 96 5,767.50 .0035 (43 Fire Improvement 97-200 5,200.00 .0032 44 Municipals 1-1250 61,875.00 .0380 46 Street Improvement 1-500 31,325.00 .0192 47 Incinerators 1- 71 3,812.50 .0023 48 Parks 1-100 6,712.50 .0041 49 Recreation 1-100 8/712050 .0041 50 City-County Hospital 1- 18 1,427.50 .0009 46 Street Improvement 501-1000 31,640.00 .0194 48 Parks 101-200 60780.00 .0042 49 Recreation 101-170 4,520.00 .0028 46 Street Improvement 1001-1600 360570.00 .0224 48 Parks 201-500 16,837.50 .0103 (46 Street Improvement 1601-1692 --------- ---- (46 Street Improvement 1693-2013 29,725.00 .0183 (48 Street Improvement 2014-2200 7,480.00 .0046 52 Street Improvement 1-700 40,180.00 .0246 55 Lake Worth Bridge 1-150 8,610.00 .0053 52 Street Improvement 701-1500 49,820.00 .0305 55 Lake Worth Bridge 151-250 6,227.50 .0039 51 Arterial Thoroughfares 1-250 15,806.25 .0097 56 Street Improvement 1-150 9,483.75 .0058 57 Fire Protection 1-250 15,806.25 .0097 58 Airport 1-150 9,483.75 .0058 51 Arterial Thoroughfares 251-550 18,420.00 .0113 56 Street Improvement 151-800 25*830000 .0158 57 Fire Protection 251-500 15,350.00 .0095 58 Airport 151-400 15,350.00 .0094 56 Street I4ltprovement 801-1400 37,110.00 .0227 58 Airport 401-500 6,185.00 .0038 56 Street Improvement 1401-1455 4,090.00 .0025 51 Arterial Thoroughfares 551-800 4,375.00 .0027 59 Refunding 1-778 35,010.00 .0215 51 Arterial Thoroughfares 601-BOO 7,000,00 .0043 56 Street Improvement 1456-1575 3,900.00 .0024 81 Tuberculosis Sanatorium 1-3 3,287.50 .0020 62 Pleasure Gds., Pks. & Plgds. 1-688 24,553.75 .0151 (64 Pleas. Gds., Pks. & Plgdo.1-189 11,352.50 .0069 (64 Pleas. Gds., Pks. & P1gds.190-250 1*982.50 .001.3 56 Street Improvement 1576-1915 11,900,00 .0073 (-- Refunding Bond 1-10 350.00 .0002 (-- Refunding Bond 11-53 1,720,00 .0010 65 City-County Hospital 1-138 6,628.15 .0041 66 City Hall & Jail 1-275 13,256.25 .0081 67 Library 1-220 10,212.50 .0063 (corm) QMRIM n�MION a ►L rant (1936 Airport Improvement Warrants 1-53 9,787.50 $.0060 (1936 Airport Improvement Warrants 54-96 ---- ---- -- Fort Worth Stoats Yards Note 1 7,500.00 .0046 1936 Airport Improvement Warrants 97-125 5,700.00 .0035 -- Due to Federal Government 1 6,200.00 .0038 Total General Fund Debt $845,430.88 $.5186 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 discharge and pay prinoipal 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 obli- gations, but the levies hereinbefore made are made pursuant to and for the pur- pose of carrying out and complying with the provisions of said prior ordinances, and ad valorem taxes herein are levied upon all taxable property, real, per- sonal 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 1938, 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 Borth, 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. 1938, 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. 1939. 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: 1938, 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 Tune, A. D. 1939. 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 current year, before the first day of December, A. D. 1938, as above specified, then and in that event, the second installment shall also imwdiately 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 there- after; and should any taxpayer pay the first installment of his taxes as here- inabove provided, but should permit the second installment of his taxes to be- come delinquent, that is to say, should fail or refuse to pay said second in- stallment before the first day of Tune, A. D. 1939, 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 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 there- after, 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 qnd 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 booms 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 af- fect the remaining portion&, parts, sections or parts of sections of this ordi- nance, 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 ef- fect from and after the date of its passage as provided by law. T.a Jor ATTESF: City 86cretary APPROVER AS TO FOMI AND LEGAL=: City it;;Wey ORDINANCEc . No. -� _ Title ,A- Dale Filed day of ly City Secretary