HomeMy WebLinkAboutResolution 366 R E S 0 L U T I, O N RESOLUTION FILE NO. SQL
WHEREAS, the State of Texas did authorize a vote
of the people on an amendment to the Texas Constitution
permitting the exemption of not less than $3,000 of the
assessed value of resident homesteads of persons sixty-
five years of age or older; and,
WHEREAS, such amendment was voted on by the electorate
of the State of Texas on November 7, 1972; and,
WHEREAS, the required Constitutional amendment was
duly adopted by the residents of the State of Texas and
carried by a large majority in the City of Fort Worth:
NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH:
SECTION I. That pursuant to Article VIII, Section I-b
of the Texas Constitution, $4,000 of the assessed value of
resident homesteads of persons sixty-five years of age or
older, shall be exempt from City ad valorem taxes when
taxes are levied for the year 1976, and all subsequent
levies, as approved by the Council, upon the owners'
compliance with the following requirements:
a) That the resident owner of the homestead
shall be sixty-five years of age or older
as of January 1, of the tax year;
b) That the resident owner of the homestead shall
submit to the Tax Assessor-Collector for the
City before April 30, 1976, and before each
April 30th of subsequent years, an affidavit
accompanied by adequate proof that the owner
of the property in question is sixty-five years
of age or older;
c) Such other lawful qualifications as may be
included in the tax levy ordinance.
SECTION II. That any person who makes a false affidavit
in claiming a homestead exemption shall be subject to all
interest charges which accrue for lack of payment of taxes,
and all other appropriate criminal penalties.
SECTION III. That this resolution shall take effect
immediately from and after its passage in accordance with the
provisions of the Charter of the City of Fort Worth and it is
accordingly so ordered.
APPROVED AS TO FORM AND LEGALITY:
City Attorney ( 7�• �( iJ