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HomeMy WebLinkAboutContract 42497 fa E CITY SECRETARY CONTRACT No. 4'2 § Agreement For The Collection Of Taxes COUNTY OF TARRANT § Agreement made this day of , 20111 by and between the Tarrant County Tax Assessor/Collector, hereinafter referred to a ASSESSORIGOLLEGTOR, and Tarrant County, hereinafter referred to as the COUNTY, both of whom are addressed at loo E. Weatherford Street, Fort Worth, Texas 76196-0301, and the City of Fort Worth, hereinafter referred to as City, whose address is 1 000 Throckmorton St, Fort Worth, TX 76101- 6311. PURPOSE OF AGREEMENT The purpose of this Agreement is to state the terms and conditions under which the ASSESSOR/COLLECTOR will provide assessment and collection services of Ad Valorem taxes levied by the City. NOW THEREFORE,in consideration of the mutual promises herein contained,the parties hereto agree as follows: L SERVICES TO BE PERFORMED The ASSESSORICOLLECTOR agrees to bill and collect the taxes due and owing on taxable property upon which the City has imposed said taxes. The ASSESSOR/COLLECTOR shall perform the said services in the same manner and fashion as Tarrant County collects its own taxes due and owing on taxable property. The services performed are as follows: receiving the Certified Appraisal Roll from the appropriate Appraisal District and monthly changes thereto; providing mortgage companies, property owners and tax representatives, tax roll and payment data; providing all necessary assessments of taxes and Truth in Taxation calculations as required; the transmittal of tax statements via the U.S. Mail or electronic transfer of data; and payment processing. All City disbursements, made by check or by electronic transfer(ACH),for collected tax accounts will be made to the City on the day the COUNTY Depository Bank indicates the mandatory assigned"float"period has elapsed and the funds are posted to the collected balance.If any daily collection total is Iess than one hundred dollars($100.00),the disbursement may be withheld until the cumulative total of taxes collected for the City equals at least one hundred dollars($100.00),or at the close of the month. II. REPORTS The ASSESSOR/COLLECTOR will provide the City the following reports,if requested: Daily: General Ledger Distribution Report Weekly: Detail Collection Report(Summary) Monthly: Tax Roll Summary(Totals Only) Year-to-Date Summary Report Detail Collection Report(Summary) Distribution Report(Summary) Delinquent Tax Attorney Tape Annual: Paid Tax Roll Delinquent Tax Roll Current Tax Roll A selection of the above listed Reports will only be available by internet access. The ASSESSOR/COLLECTOR will provide the City the General Ledger Revenue & Expense Report monthly as required by Sec. 31.10 of the Texas Property Tax Code. III. COMPENSATION In consideration of the services to be performed by the ASSESSOR/COLLECTOR, compensation for the services rendered.is a rate of sixty five cents($.65)per account. The number of accounts will be based on the October billing roll certified to the ASSESSOR/COLLECTOR by the Appraisal District.New accounts added by the appropriate icLAjLlbe billed to the entity. The ASSESSOR/COLLECTOR will invoice for all these accounts b ry 13, 2012 with 0 ��if L ¢� payment to be received from the City by February 17,2012. ���RCS CITY TARP FT, WORTH, TX l 1 P I : rte I N The scope of services identified in this contract does not include the administration of a rollback election. In the event of a successful rollback election,these costs incurred by the Tarrant County Tax Office will be separately identified,billed, and paid by the entity. IV. A UDITS The ASSESSORICOLLECTOR will provide to the City auditor necessary explanations of all reports and access to ASSESSORICOLLECTOR in-house tax system computer terminals to assist the City auditor in verifying audit samples of the financial data previously provided by the ASSESSOR/COLLECTOR during the past audit period. V. TAX RA TE REQ UIREMENT The City will provide the ASSESSOR/COLLECTOR, in writing, the City's newly adopted tax rate and exemption schedule to be applied for assessing purposes by Wednesday, September 21, 2011. Under authority of Section 31.01 (h) of the Property Tax Code, any additional cost of printing and mailing tax statements because of late reporting of the tax rate or the exemption schedule will be charged to and must be paid by the City. If the City wishes its collection reports to be itemized as to maintenance and operation fund and interest and sinking fund, then the notice advising of the new tax rate must set out the separate rates,as well as the total rate. The tax rate and the exemption schedule for each of the last five (5) years in which an ad valorem tax was levied,or all prior years where there remains delinquent tax, must be furnished in writing to the ASSESSOR/COLLECTOR. at the time of the initial contract. VI. COMPLIANCE WITH APPLICABLE STATUTES, ORDINANCES,AND REG ULA TIGNS In performing the services required under this Agreement, the ASSESSOR/COLLECTOR shall comply with all applicable federal and state statutes,final Court orders and Comptroller regulations. If such compliance is impossible for reasons beyond its control,the ASSESSORICOLLECTOR shall immediately notify the City of that fact and the reasons therefore. VII. DEPOSIT OF FUNDS All funds collected by the ASSESSORICOLLECTOR in the performance of the services stated herein for the City shall be promptly transferred to the account of the City at the City's depository bank. All payments to entities will be made electronically by the automated clearing house (ACH). The ASSESSOR/COLLECTOR has no liability for the funds after initiation of the ACH transfer of the City's funds from the COUNTY Depository to the City's designated depository. VIII. INVESTMENT OF FUNDS The City hereby agrees that the COUNTY, acting through the COUNTY Auditor, may invest collected ad valorem tax funds of the City during the period between collection and payment. The COUNTY agrees that it will invest such funds in compliance with the Public Funds Investment Act. The COUNTY further agrees that it will pay to the City all interest or other earnings attributable to taxes owed to the City. All parties agree that this Agreement will not be construed to lengthen the time period during which the COUNTY or the ASSESSOR/COLLECTOR may hold such funds before payment to the City. IX. REFUNDS Refunds will be made by the ASSESSOR/COLLECTOR except as set forth herein. The ASSESSOR/COLLECTOR will advise the City of changes in the tax roll which were mandated by the appropriate Appraisal District. The ASSESSOR/COLLECTOR will not make refunds on prior year paid accounts unless the prior year paid accounts for the past five(5)years are provided to the ASSESSOR/COLLECTOR. All refunds of overpayments or erroneous payments due, but not requested, and as described in Section 31.11 of the Texas Property Tax Code, will after three years from the date of payment,be proportionately disbursed to those entities contracting with the ASSESSOR/COLLECTOR. The contract must have been in force,actual assessment and collection functions begun and the tax account was at the time of the over or erroneous payment within the City's jurisdiction. The proportional share is based upon the City's percent of the tax account's total levy assessed at the time of receipt of the over or erroneous payment. In the event any lawsuit regarding the collection of taxes provided for in this agreement to which the City is a party, is settled or a final judgment rendered, and which final judgment is not appealed, and the terms of such settlement agreement or final judgment require that a refund be issued by the City to the taxpayer, such refund shall be made by ASSESSOR/COLLECTOR by debiting funds collected by ASSESSOR/COLLECTOR on behalf of the City and remitting such refund to the taxpayer in conformity with the terms of the settlement agreement or final judgment. X. DELINQUENT COLLECTIONS The ASSESSORICOLLECTOR will assess and collect the collection fee pursuant to Sections, 33.07, 33.08, 33.11 (changed order) and 33.48 of the Property Tax Code, when,allowed. The ASSESSORICOLLECTOR will collect attorney fees that are specified by the City through written agreement with a delinquent collection Attorney. The ASSES SORICOLLECTOR will disburse the amount directly to the City for compensation to a Firm under contract to the City. If the delinquent collection Attorney contracted by the City requires attendance of ASSESSORICOLLECTOR personnel at a court other than the District Courts in downtown Fort Worth, and the COUNTY is not a party, the employee's expenses and proportionate salary will be the responsibility of the City and will be added to the collection expenses and charged to the City. The ASSESSOR/COLLECTOR will not be responsible for the collection of prior year delinquent accounts unless all delinquent accounts information is provided to the ASSESSOR/COLLECTOR. XI. TERM OF ACEEEMENT This Agreement shall become effective as of the date hereinabove set out, and shall continue in effect during the 2011 tax year,unless sooner terminated by providing sixty(60)day written notice,as outlined in paragraph XII. XII. NOTICES Any notices to be given hereunder by either party to the other may be effected,in writing,either by personal delivery or by mail, registered or certified,postage prepaid with return receipt requested. Mailed notices shall be addressed to the address of the parties as they appear in the introductory paragraph of this Agreement, but each party may change this address by written notice in accordance with this paragraph. ■ r XIII. MISCELLANEOUS PRO VISIONS This instrument hereto contains the entire Agreement between the parties relating to the rights herein granted and obligations herein assumed. Any oral representations or modifications concerning this instrument shall be of no force or effect. This Agreement shall be construed under and in accordance with the laws of the State of Texas,and all obligations of the parties created hereunder are performable in Tarrant County,Texas. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective legal representatives and successors. In case any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid,illegal, or unenforceable in any respect, such invalidity, illegality, or enforceability shall not affect any other provision hereof and this Agreement shall be construed as if such invalid,illegal,or unenforceable provisions had never been contained. This Agreement and the attachments hereto constitutes the sole and only agreement of the parties hereto and supersedess,�,��� any prior understandings or written or oral agreements between the parties respecting the within subject matter. - *4 1:43or .dze 41 1 4�. A7 v0 0000000, 4. Executed on the day and year first above written,Tarrant County,Texas. 0 �,0 O� B Y: / Aftested b a i�', DATE as TAX ASSESS OR/COLL f6R TARRANT COUNTY Y aft AW Marty Handri , Cl td Secre FOR TH ITY OF ORT WORT BY. KK ren L. Mont omen APPROVED AS TO FOPM MW LEGALITY DA TE r TITLE: Assistant City Manager Assistan City Att6kney FOR TARRANT COUNTY: � C' - Soo ° r t BY.• B. GLEN ITLEY DATE TARRANT CO UNT Y JUD GE APPRO VED A F M*A NTENT BY. - ]STRICT A TTORNE 'S OFFICE DA TE *By law, the District Attorney's Office may only advise or approve contracts or legal documents on behalf of its clients. It may not advise or approve a contract or legal document on behalf of other parties. Our review of this document was conducted solely from the ..._...w_� legal perspective of our client. Our approval of this document was offered solely for the benefit of our client. Other parties should not 0 F F'st., �C,0 rely on this apprr,,,dl, and shoi_,IJ seep: review al-,J L t`i r r w?: r espect l"-e CITY 7. `. F1 WCoRTH, TX City of Fort Worth, Texas Mayor and Council Communication................................................................................................. ....................... ............................ ........... ..............................................................................................................................................................................................................................................................................................................................................;......................................................................................... ..............................._................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ ......................................................................................................................................................................................................................................................................................................................................................................................... .......................................... ... .-....-....-.. -. CC,�l�NCIL A�TtQN: Approved ert�t19f2�'t1....................... ........ ... ...... ............................................................. .................................................. ......................................................................................................................................................................................................................................................... ................................................................................................................................................................................................................................. ..................................................................................... .......... ...... ........................................................ ............. .-........-..........-.....-... ...-.... .... .............-.-.-.----.---- DATE: Tuesday, July 19, 2011 REFERENCE NO.: **C-25009 LOG NAME: 1313TARRANTC011 SUBJECT: Authorize Execution of an Agreement with the Tarrant County Tax Assessor-Collector for Ad Valorem Tax Assessment and Collection Services for Fiscal Year 2012 for Approximately $221,195.00 (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council authorize the City Manager to execute an Agreement between the Tarrant County Tax Assessor-Collector and the City of Fort Worth for providing assessment and collection services of ad valorem taxes levied by the City of Fort Worth for Fiscal Year 2012, covering the period October 1, 2011, to September 30, 2012 for Approximately $221,195.00. DISCUSSION: On August 17, 20101 (M&C C-24393) the City Council authorized the City Manager to execute an Agreement with the Tarrant County Tax Assessor-Collector for assessment and collection services of ad valorem taxes levied by the City for the 2011 Tax Year covering the period October 1, 2010, to September 30, 2011. This Agreement is the standard agreement that Tarrant County uses with all of the taxing entities for which it collects taxes. Terms of the Agreement are the same as last fiscal year. Fiscal Year 2012 tax payments will be submitted by the Automatic Clearing House (ACH). The fee structure remains $0.65 per account. The cost for Fiscal Year 2012 will be approximately$221,195.00 for 340,300 accounts. This includes a three percent increase in the number of accounts from the previous year's contract. FISCAL INFORMATION /CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations, and upon the adoption of the Fiscal Year 2011-2012 budget by the City Council, funds will be available in the Fiscal Year 2012 operating budget, as appropriated, of the General Fund. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers GG01 539120 0134010 $221,195.00 CERTIFICATIONS: Submitted for City Manager's Office Karen Montgomery (6222) Oro inating_Department Head: Lena Ellis (8517) Additional Information Contact: Stephen Vogl (2041) Logname: 1313TARRANTC011 Page 1 of 1