HomeMy WebLinkAboutOrdinance 15686n,r
ORDZNA'~TCE IvTd .
Ant ORDINANCE PROVIDIZv~G FOR THE LEti~' AND COLLECTION OF
AN A'~TNLIAL AD VAL,ORE~~'I TAX ON AL; ~ PROPERTY, REAL,
PERSONALl AND MIXED, SITUATED WITHIN THE TERR.iTORIAL
LZMZTS OF THE CITY OF TORT WORTH, TEXAS, AND ALL
PERSONAL PROPERTY OWNED ZN SAID CZTY OF FORT WORTH,
TEXAS , ON THE FIRST DAY OF J<~Iv'LJARY, A. D . 2 ~ 03 , EXCEPT
SUCH PROPERTY AS MAY BE EXEMPT FROM TAXATION BY THE
CONSTITU`T'ION AND LAWS OF THE STATE OF TEXAS.
BE IT ORDAINED BY THE CITY COUNCIL OF' THE CITY OF FORT WORTH,
TEXAS:
SECTION Z.
There is hereby levied, adopted and shall be collected by the
City of Fort Worth, Texas, as provided by law, an annual ad
valorem tax for the year 2003, at the rate of $0.8650 on every one
hundred dollar ($100.00} valuation on all property, real, personal
and mixed, situated in, and all personal property awned in, the
City of Fort Worth, Texas, on the first day of January, A.D. 2003,
liable under the law to taxation and not exempt therefrom by the
Constitution and laws of the State of Texas. The ad valorem tax
rate is divided into a maintenance and operation levy of $0.6799
for general fund operations and a debt levy of $0.1852 for
servicing outst~~_~_'"~-~ ~~ obligations.
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purpose in the respectijre ordinances authorizing and creating such
obligations, but the ev~T hereinbefore made is made pursuant to
and for the purpose of carrying cut and complying with. the
provisions of said prior ordinances, The Chief Accounting Officer
shall pay each week to the General Debt Service Fund twenty-one
and forty hundredths percent ~21.40ai of the current taxes
collected,
SECTION IZI,
The taxes provided for 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 assessed,
valued and described in the assessment tax rails and the tax books
of the City of Fort Worth, Texas, for the year 20C~, 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 ZV.
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SECTION V.
If a person pays one-izalf of the taxes required to be paid by
virtue cf this Ordinance before December 1, 2003, he may pay the
remaining one-half of such taxes without penalty or interest at
any time before July 1, 2004.
SECTION VI.
(a) A delinquent tax incurs a penalty of six percent (6°}
of the amount of the tax for the first calendar month it is
delinquent plus one percent (1°} for each additional month or
portion of a month the tax remains unpaid prior to July 1, 2004.
However, a tax delinquent on July 1, 2004, incurs a total penalty
of twelve percent (12 a} of the amount of the delinquent tax
without regard to the number of months the tax has been
delinquent.
(b} If a person. who exercises the split payment option
provided by Section V above fails to make the second payment
before July 1, 2004, the second pay;nent is delinquent and incurs a
penalty of twelve {i2} percent of the amount of the unpaid tax.
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and said interest shall attach on the first day of each month
thereafter until t~~e taxes shall have }~ :. i. paid, which interest
and the penalty provided for above shall be and become a part of
said taxes and be payable as such.
SECTION VIII.
A tax delinquent on July 1, 2004, incurs an additional
penalty of fifteen percent {15°} of the amount of the delinquent
tax, penalty and interest to defray costs of collection. Such
fifteen percent {150} penalty is imposed pursuant to Sections 6.30
and 33.07 of the Property Tax Code and is in addition to the other
penalties and interest which are due and owing according to law.
SECTION I~.
A tax that becomes delinquent on or after June 1 under Section
31.03, 31.031, 31.032, or 31.04 of the Tax Cade shall incur an
additional penalty of 15 percent of the amount of taxes, penalty,
ar~d interest due, to defray costs of collection, pursuant to
Section 33.08 of the Tax Code. Such additional penalty is in
addition to the other penalties and interest which are due and
c , = :. cording tc v
Mate of 'T'exas, and such lien shah. be ar~d is hereby made a
paramount, first and superior lien to all otdr liens whatsoever
an the property an which said taxes are levied.
SECTION xI.
Should any part, portion, secdan or part of a section of
this ordinance be declared invalid ar inoperative ar void far any
reason by a court of competent juridiction, such decision,
opinion or judgment shall in no way affect the remaindg pardons,
parts, sections or parts of sections of this ordinance, which
provision shall be, remain and continue to be in full farce and
effect.
SECTION xzz.
This ordinance shall take effect and be in full farce and
effect from and after the date of its passage as provided by law.
APPROVED AS TO FORM AND L,EGALIT~i:
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dt;F i.ttorney
Date:
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