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HomeMy WebLinkAboutOrdinance 2351 J .l ORDINANCE N0. Zf AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN ,ANNUAL DIRECT AD VALORM TAX ON ALL PROPERTY, REAL, PERSONAL AND,FIXED, SITUATED WITHIN THE.TER, RITORIAL LINTS OF THE CITY OF FORT WORTH, TEXAS, AND ALL PERSONAL PROPERTY OWNED IN SAID CITY OF FOET WORTH, TEXAS, ON THE FIRST DAY OF JANUARY, A. D. 1946, EXCEPT SUCH PROPERTY AS MAY BE EXEMPT FRDR TAXATION BY THE CONSTITUTION AND LAWS OF THE STATE 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 annual direct special ad valorem tax for the year 1916 for the support and maintenance of a free Public Library in the City of Fort Worth, Texas, of three cents (3¢) on. every One Hundred Dollar ($100000) 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, As D. 1946, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas. SECTION II. There is. also hereby levied and there shall be collected, as provided by law, an annual direct special ad valorem tax for the year 1916, for the use and benefit of the Park Fund of the City of Fort 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, Am D. 1916, liable under the law to taxation and not exempt therefrom by the Constitution and laves of the State of Texas, which levy, in the aggregate sum of nine cents (9 ), as aforesaid, shall be and is hereby apportioned: For Park operation, maintenance and upkeep, 9 centso .r SECTION III. There is also hereby levied and there shall be collected, as provided by law, an annual direct special ad valorem tax for the year 1946, 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 prop- erty, 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. 1946, liable under the law to taxation and not exempt therefrom by the Constitu- tion 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 --- interest on Recreation notes and warrants, 2 cents® The Commissioner of Accounts shall transfer from current tax collections the sum of $5,000.00 to pay interest and set up a Sinking Fund on notes and warrants. After this amount has been transferred to Recreation Interest and Sink- ing Fund, the remaining current tax collections will revert to the Recreation General Fund, 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 1946, for General Fund operations and for servicing of General Fund obligations outstanding of the said City of Fort Worth, of 1056 dollars on every One Hundred Dollar ($100.00) valuation on all property, real, personal and mixed, situated an and all personal property owned in the City of Fort Worth, Texas, on the first day of January, Ao D. 1946, 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 Sink- ing Fund forty-five per cent (45%) of the current taxes, collected for Gen- eral Fund operations and debt service until $1,012,621,00 has been paid to the Interest and Sinking Fund, after which all of said collections will re- . main in the General Fund. In this way the General Fund will absorb any In- terest and Sinking Fund delinquencies and in consideration of which will re- ceive all delinquent tax collections the entire year. The servicing of Gen- eral 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: 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 dis- charge and pay principal 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 obligations, but the levies hereinbefore made are made pursuant to and for the purpose of carrying out and complying with the provisions 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 assessed, valued and described in the assessment tax rolls and the tax books of the City of Fort Worth, Texas, for the year 19/.6, 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 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 sun of the taxes- due and payable for the current year, shall be due and pay- able on the first day of October, Ao Ds 1946, 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. 191+70 d r 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. 1946, and the second installment of taxes required to be paid by virtue of this ordinance for the current year shall become de- linquent on the first day of June, A. D. 19470 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. 1946, as above speci- fied, then and in that event, the second installment shall also immediately 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 installment of his taxes to become delinquent, that is to say, should fail or refuse to pay said second installment before the first day of June, A. D. 1947, 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 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 f 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 fur- ther 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 and become a lien upon the property of such taxpayers as prescribed by the Charter of the City of Fort Worth., Texas., and the lawns 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 whatso- ever on the property on which said taxes are levied. SECTION X, Should any part., portion., section or part of a section of this or- dinance 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 of fect from- and after the date of its passage as pro-vided�y'raw. A. Mayor ity Secretary APPROVED AS 70 FORM: City Attorney a i SERIES DESCRIPTION BOND NUMBERS GRAND -TOTAL LEVY 36 storm Sewers 1 100 4,950000 $.00256 _ 37 General Funding 1 200 8.,250®00 .00428 38 Street Improvement 1 90 39300.00 ®00172 39 Light Extension 1- 50 19650.00 .00085 39A Municipals 1®1000 58,600.00 .03041 (41 Street Improvement 1- 381 251702050 ®01334 (41 Street Improvement 382 800 20,950.00 .01087 (42 Light Extension 1 119 8,507050 *.00441 (42 Light Extension 120- 250 6,550000 ®00340 (43 Fire Improvement 1 96 62237050 -00324 (43 Fire Improvement 97- 200 5,200000 .00270 44 Municipals 1-1250 522875000 002743 46 Street Improvement 1- 500 26,285.00 .01364 47 Incinerators 1 71 4085000 ®00227 48 Parks 1- 100 59632050 .00293 49 Recreation 1 100 5,632050 .00293 50 City County Hospital 1- 18 19067.50 40056 46 _ Street Improvement 501.1000 26,600.00 001379 48 Parks 101- 200 5,700,00` .00296 49 Recreation 101 170 39800.00 000197 46 Street Improvement 1001=1600 31,811925 .01650 48 Parks 201- 500 162841.25 .00874 (46 Street Improvement 1693•-2013 249650000 .01279 (46. Street Improvement -2014--2200 -72480000 _-®00388 52 Street Improvement 1 700 35,420000 .01838 55 ` Lake Worth Bridge 1 150 8,420000 .00437 52 Street Improvement 701-1500 43,740,00 42270 55 Lake Worth Bridge 151 250 59467050 ,00284 51 Arterial Thoroughfares 1- 250 139906.25 .00721 56 Street Improvement 1- 150 8,343075 000433 57 Fire Protection 1 250 13,906,25. .00722 58 Airport 1- 150 8,343®75 .00433 51 Arterial Thoroughfares 251 550 162260.00 .00843 56 Street Improvement 151. 800 35.9230.00 .01828 57 Fire Protection 251 500 139550000 .00704 58 Airport 151 400 13,550.00 000704 56 Street Improvement 801-1400 32,790000 001700 58 Airport 401- 500 5,465.00 000284 56 Street Improvement 1401-1455 32520.00 .00182 51 Arterial Thoroughfares 551 600 49317050 .00228 59 Refunding 1- 778 101,972050 005291 51 Arterial Thoroughfares 601- 800 11,495000 .00596 56 Street Improvement 1456-1575 7,217050 000375 62 Pleas. Grdso, Pks. & Plgds.: 1 688 309860000 001601 (64 Pleas. Grdso, Pks. & Plgdso 1 189 12,620000 000655 (64 Pleas. Grds., Pks. & Plgdso190- 250 4982050 .00103 56 Street Improvement 1576®1915 202255000 001051 65 City-County Hospital 1- 138 9068®75 1100486 66 City Hall & Jail 1- 275 18,775.00 ,00974 67 Library 1- 220 16,331.25 .00848 (56 Street Improvement 1916-1950 5.9625.00 .00291 (56 Street Improvement 1951-1965 300.00 000016 (56 Street Improvement 1966-2000 612.50 °00032 (68 Airport 1-d 390 299362025 .01523 (68 Airport 3911000 10,293075 000534 1 C (CONTINUED) SERIES DESCRIPTION BOND NUMERS GR ND TOTAL LEVY (69 Street Improvement 1 133 $132075.00 $.00679 (69 Street Improvement 134- 340 4,657.,50 .00242 (70 Garage & Repair Shop 1-- 63 5,975000 .00310 (70 Garage & Repair Shop 64— 160 2,182.50 .00113 (69, Street Improvement 341— 455 8,$50000 000459 (69 Street Improvement 456® 565 1,925000 000100 (72 Marine Creek Drainage & Overflow 1— 102 79640000 .00396 (72 Marine Creek Drainage & Overflow 103-- 200 1,715000 .00089 (68 Airport 10011042 93520.00 .00494 (68 Airport 1043--1157 1,150000 .00060 (68 Airport 11581250 1,162.50 000060 (69 Street Improvement 566= 658 218360.00 001109 (69 Street Improvement 659- 911, 2,530,00 000131 (69 Street Improvement 9121112 29512.50 .00130 (73 Airport 1— 124 28,4$06'00 .01475 (73 Airport 125— 473 3,490000 .00151 (73 Airport 474-- 750 3,462.50 .00150 (74 Street Improvement 1— 75 16,720000 .00568 (74 Street Improvement 76— 287 2.,120000' .00110 (74 Street Improvement 288— 4.53 .2,9075,00 000107 TOTAL $190429621.00 $054100