HomeMy WebLinkAboutOrdinance 2118 ORDINANCE NO. !g
AN ORDINANCE PROVIDINCT PM THE IVY P3M Mle-
LECTION OF AN ANNUAL DIRECT AD VALUM.4 TAX
ON ALL PROPERTY, REAL, PERSONAL AND IaM,
$ITUATF,D WITHIN THE TERRITORIAL LIMS OF THE
CITY OF FORT 71ORTH, TEXAS, AND ALL PERSONAL
PROPERTY (TINED 3N SAID CITY OF PORT VORTH,
TEXAS, ON THE FIRST DAY OF JANUARY, A. D.
1941, EXCEPT SUCH PROPMY AS mAY BE Empr
FROM TAXATION BY THE CONSTITUTION AND LAWS
OF THE STATL 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 annua-1 direet-apeelal ad val-orem tax for the v�-tr 11741 for the
support and maintenance of a free Public Library in the City of Fort Worth,
Texas, of three cents (9¢) on every One Hundred Dollar ($100.00) valuation
on all ,property, real, p}rso4al and mixed, situated in and all personal
property owned in the City of Fort Worth, Texas, on the first day of Jan-
uary, A. D. 1941, liable under the lax to taxation and not exempt therefrom
by the Constitution and laws of the State of Texas.
The Commissioner of Accounts shall, on Feb'`uary 12, 1942, cause
to be paid to the General Construction Company for a repaving lion the sum
of Two Hundred Twent$-one and 222/100 Dollars ($221.22).
SECTION 11,,
There is also hereby levied and there shall be oolletted, as pro-
vided by lavi, an annual direct special ad valorem tax for the year 1941,
for the use and benefit of the Park Fund of the City of Fort Worth, Texas,
of nine cents (90) on every One Hundred Dollar ($100.00) valgatioli on e.11
property, real, peradhal and mixed, situated in and all patsendl property
owned in the City of Fort 'N'bYth, Texas, on the first day tf January, A. D.
1941, liable under the Is* to taxation and not exempt therefro2L by the Con-
stituti6n 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
maturities and interest on park notes and warrants,
9 cents.
The Commissioner of Accounts shall transfer from cur-
rent tax collections the sum of $3,311.96 to pay ma-
turities and interest on notes and warrants. After
this amount has been transferred to Park Interest
and Sinking Fund, the remaining current tax collec-
tions 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 1941,
for the use and benefit of the Recreation Fund of the City of Fort Worth,
Texas, of two cents (20) on every One Hundred Dollar ($100.00) valuation on
all property, real, personal and mixed, situated in and all personal prop-
erty owned in the City of Fort Worth, Texas, on the first day of January,
A. D. 1941, 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 two cents (2¢), 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 cur-
rent tax collections the sum of $3,602.50 to pay ma-
turities, interest and set up a Sinking Fund on notes
and warrants. After this amount has been transferred
to Recreation Interest and Sinking Fund, the remain-
ing current tax collections will revert to the Recrea-
tion General Fund, as well as all delinquent taxes col-
lected 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 1941,
for General Fund operations and for servicing of General Fund obligations
outstanding of the said City of Fort Worth, of 1.69 dollars on every One
Hun"' d Dollar ($100.00) valuation on all property, real, personal and mixed,
situated in and all personal proparty owned in the City of Fort Worth, Texas,
on the first day of January, A. D. 1941, 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
fjp
Fund operations and debt service until $950,943.25 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:
BAND S GRAND TOTAL LEVY
36 Storm Sewer 1- 100 $ 5,700.00 $.0033
37 General Funding 1- 200 9,500.00 .0057
38 Street Improvement 1- 90 3,800.00 .0022
39 Light Extensions 1- 50 1,900.00 .0011
39a Municipals 1-1000 57,600.00 .0342
(41 Street Improvement 1- 381 25,977.50 .0154
Street Improvement 382- 800 20,950.00 .0124
(42 Light Extensions 1- 119 7,857.50 .0046
(42 Light Extensions 120- 250 6,550.00 .0039
(43 Fire Improvement 1- 96 6,250.00 .0037
(43 Fire Improvement 97- 200 5,200.00 .0031
44 Municipals 1-1250 39,250.00 .0232
46 Street Improvement 1- 500 29,435.00 .0175
47 Incinerators 1- 71 3,677.50 .0022
48 Parks 1- 100 6,307.50 .0037
49 Recreation 1- 100 6,307.50 .0037
50 City-County Hospital 1- 18 1,292.50 .0008
46 Street Improvement 501-1000 29,750.00 .0176
48 Parks 101- 200 61375.00 .0038
49 Recreation 101- 170 4 250.00 .0025
46 Street Improvement 1001-1600 35,423.75 .0210
48 Parks 201- 500 18,753.75 .0111
(46 Street Improvement 1693-2013 28,475.00 .0169
(46 Street Improvement 2014-2200 7,480.00 .0044
52 Street Improvement 1- 700 38,395.00 .0228
55 Lake Worth Bridge 1- 150 8,227.50 .0049
52 Street Improvement 701-1500 47,540.00 .0281
55 Lake Worth Bridge 151- 250 5,942.50 .0035
51 Arterial Thoroughfares 1- 250 15,093.75 .0090
56 Street Improvement 1- 150 9,056.25 .0054
57 Fire Protection 1- 250 15,093.75 .0089
58 Airport 1- 150 9,056.25 .0054
51 Arterial Thoroughfares 251- 550 17,610.00 .0104
56 Street Improvement 151- 800 38,155.00 .0226
57 Fire Protection 251- 500 14,675.00 .0087
58 Airport 151- 400 14,675.00 .0087
56 Street Improvement 801-1400 35,490.00 .0210
58 Airport 401- 500 5,915.00 .0035
56 Street Improvement 1401-1455 2,876.25 .0017
51 Arterial Thoroughfares 551- 600 5,090.00 .0030
59 Refunding 1- 778 46,740.00 .0277
51 Arterial Thoroughfares 601- 800 14,545.00 .0087
56 Street Improvement 1456-1575 6,753.75 .0040
62 Pleas. Gds., Pks. & Plgds. 1- 688 44,432.50 .0263
(64 Pleas. Gds., Pks. & Plgds. 1- 189 11,740.00 .0069
(64 Pleas. Gds., Pks. & Plgds. 190- 250 1,982.50 .0012
56 Street Improvement 1576-1915 16,760.00 .0099
(-- Refunding Bond 1- 10 10,175.00 .006l
(-- Refunding Bond 11- 53 1,720.00 .0010
65 City-County Hospital 1- 138 7,968.75 .0047
66 City Hall & Jail 1- 275 15,975.00 .0095
67 Library 1- 220 13,987.50 .0083
(CONTINUED)
SERIES DESCRIPTION B ► 1 GRAND TOTAL LEVY
(56 Street Improvement 1916-1950 875.00 $.0005
(56 Street Improvement 1951-1965 300.00 .0002
(56 Street Improvement 1966-2000 612.50 ..0003
(68 Airport 1- 390 36,750.00 .0218
(68 Airport 391-1000 13,725.00 .0081
(69 Street Improvement 1- 133 12,325.00 .0073
(69 Street Improvement 134- 340 4,657.50 .0028
(70 Garage & Repair Shop 1- 63 5,575.60 .0033
(70 Garage & Repair Shop 64- 160 2,182.50 .0013
-- Fort Worth Stk. Yds. Note 1- 6,900.o0 .0041
-- Federal Government 1- 5,750.00 .0034
-- Mack Intnl. Motor Truck Co. 1- 5 9,487.50% .0056
1936 Airport Improvement Warrants 97- 125 5,175.00 .0031
Title Realty Co. 1- 2,102.10 .0012
Handling Charges 792.40 .0005
TOTAL, $950,943.25 $.5634
i
SECTION V.
That these special tax levies, which are hereinbefore made, to
provide for the payment of interest and to create a sinking fund or to
discharge and pay principal and interest on any obligations due or owing
by the City of Fort Morth, 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-
visions 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 assesead,
valued and described in the assessment tax rolls and the tax books of the
City of Fort Worth, Texas, for the year 1941, and any supplemental assess—
ments thereof, as the same have been or shall be presented to the City Coun—
cil of the City of Fort 'Forth, Texas, by the Assessor and Collector of Taxes
of said City of Fort North, Texas.
SECTION VI,
That the taxes herein levied and authorized and required to be
collected 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. 1941, 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 pay-
able on the first day of April, A. D. 1942•
Y y�
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. 1941, and the second installment of taxes rewired
to be paid by virtue of this ordinance for the current year shall become
delinquent on the first day of June, A. D. 1942.
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. 1941, as above speci-
fied, then and in that event, the second Installment shall also ;:..ediutely
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.
1942, 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 frac-
tion thereof, on each month thereafter.
SECTION IX.
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 delineuent
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 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 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.
ATTEST: Mayor
r
City Secretary
APPROVED AS TO FORA:
City Attorney
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