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HomeMy WebLinkAboutOrdinance 530 ORDIIJANCE NO. tat;;t An ordinance providing for the levy and collection of an annual,direct, ad valorem tax on all property, real, personal, and mixed situated within the terretorial limits of the City of Fort Worth, and all personal property owned in said City of Fort Worthexceptr such property as may be exempt from taxation, by law and granting certain rebates for the payment of taxes prior to ±Je the maturity thereof. BE IT ORDAINED BY THE 30ARD OF 007 viSSIONFM OF TILE CITY OF FORT WORTH, TEXAS: Section 1: That there is hereby levied and shall be collect ed as provided by law an annual, direct, special ad valorem tax for the year 1916, for the improvement of the streets and thoroul. faresof the City of Fort Worth of i0i cents on every $100.00 val- uation on all property, real, personal and mixed situated in,and all personal property owned in, the said City of Fort Worth, on the first day of January 1916, liable under the law to taxation and not exempt therefrom by the constitution or laws of the State of Texas. Section 2: Upon the requisition of the Board of School True ✓ tees of the Independent School District of the City of Fort Worth and in conformity with the said Board' s certificate to that effet 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 1916, for public school purposes, of 50 cents on every $100.00 valuation on all property real, personal and imixed situated in, and all personal property owned in, the City of Fort Worth, on tle first day of January A D 1916, liable under the lawrtoft&katL6atand n6t exempt therefrom by the constitution or laws of the State of Sx- as. Section 3: That there is also hereby levied and there shall be collected as provided by law an annual direct, special ad val- orem tax for the year 1916, for the support and maintenance of a free public library in the City of Fart Worth of 2 cents on every -� $100.00 valuatio0 1 roperty, real, personal and mixed, sit- uated in, and al owned in the City of Fort Worth, on t1m first day of Janu A D 1916, liable under the law to taxation, and not exempt therefrom by the constitution or laws of the State of t'h3eas. Section 4. That there is also hereby levied and there shall be collected as provided by law an annual direct, special ad val- orem tax for the year 1916, for the usebe�aefit of the park fd fund of the City of Fort Worth, of 10 Gl�ery $100.00 valauation on all property, real, personal and mixed, situated in,and IL11 per- pvnal property owned in the City of Fort Worth,9n the first day of January A D 1916, liable under the law to taxation and not exgmipt therefrom by the constitution or laws of the State of Texas. Section 5: That there is also hereby levied, and shall be col lected, as provided by law an annual, direct, sp eoikl ad valorem tax for the year 1916, for the interest and sinking fuhdupon the existing bonded indebtedness of the said City of Fort Worth of 47 cents on every $100.00 valuation on all property„ real, personal-,— and erson ,and mixed, situated in, and all personal property owned in the City of Fort Worth, on the first day of oanuaA D 1916, liable under the law to taxation and not exempt thereYrom by the constitution or laws of the State of Texas, which levy in the aggregiLt6ollum of 47t cents as aforesaid shall be d is hereby apportioned for the use and benefit of the said several series of the City of Fort Worh as foleow's respectively: �o DESCRIPTION DATE OF ISSUE ORIGINAL AMOUNT AMOUNT OUTSTANDING LEVY Funding 1- 1-1890 275,000.00 113,000.00 1.15 Waterworks, 5- 1r1890 100,000.00 42,000.00 .43 Sewew, 5- 1-1890 100,000.00 44,000.00 .45 St.Sewers,Bldg 3- 1-1891 300,000.00 153,000.00 1.57 Funding etc. 1- 1-1892 175,000.00 155,000.00 1.81 Waterworks Mtg. 2- 1-1892 650,000.00 609,000.00 7.13 Refunding, 7- 1-1901 607,000.00 _448400'.00 4.39 Auk X Warehouse, 4- 1-1911 -2- 15,000.00 15,000.00 .15 Refunding, 7- 1-1901 149,Oc0.00 132,000.00 1,21 Street Impt. 7- 1-1908 100,000.00 93,000.00 .90 N F W Impt. 5- 1-1909 100,000.00 100,000.00 .95 Fire Halls, 9- 1-1909 65,000.00 65,000.00 .62 Street Impts. 9- 1-1909 135,000.00 135,000.00 1.28 Electric Lts. 9- 1-1909 25,000.00 25,000.00 .24 Sewers, 9- 1-1909 150,000.00 144,000.00 1.40 Waterworks, 9- 1-1909 275,000.00 255,000.00 2.50 N F W W Wks. 2- 1-1905 100,000.00 93,000.00 .83 Improvement, 4-13-1910 100,000.00 99,000.00 .95 Fire Halls, 4- 1-1911 950000.00 95,000.00 .97 Police Station, 4- 1-1911 35,000.0035,000.00 .36 Storm Sewer, 4- 1-1911 120,000.00 i/ilE®,000.00 1.22 Electric Lts. 4- 11911 50,000.00 50,000.00 .51 Street Impt. 4- 1-1911 165,000.00 ]?5;,000.00 1.53 Hospital, 4- 1-1911 20,000.00 20,000.00 .20 W W Funding, 4- 1-1911 150,000.00 142,000.00 1.50 W W Ext and Impt 4- 1-1911 1,350,000.00 1,248,000.00 10.00 Reservoir, 5- 1-1913 300,000.00 290,000.00 3 00 47'.29- Section . 5Section 6: That there is also hereby levied and there shall be collected as provided by law an annual, direct, special ad val- orem tax for the year 1916, for all such other purposes( besides those hereinbefore enumerated) as are authorized by law and by the charter of said City of Fort Worth, of 65 cents on every $100.00 valuation on all property, real, persona and mixed situated in, and all peronal property owned in said City of Fort Worth, on the first day of January A D 1916, liable under the law to taxation and not exempt therefrom by the constitution or laws of the State of Texas. That there is hereby �i�e4eout of the levy made under this section and is hereby set aside as much of the proceeds of the levy herein made as may be necessary and requisite to pay the inter est on _and pr`avide a sinking fund of two per cent of these obliga- tions of said City of Fort Worth other than bonds, upon and concern ing which said City of Fort Worth has agreed to levy a tax in pay- ment of such interest and to make provision for a sinking fund these on. Section 7: That these special tax levies which are herein- before made to provide for the payment of interest and to create a sinking fund or to discharge and pay principal and interest on any obligation due or owing by the said City of Fort Worth are not to b3 taken as in addition to levkts for the same purposes made in the respective ordinance authorizing and creating such obligations,but the levies hereinbefore made are made pursuant to and for the pur- pose of carrying out and complying with the provisions of said prim ordinances, and all ad valorem taxes herein are levied unon all tax- able property, real, personal and mixed, situated in, and all peso, al property owned in the City of Fort Worth, as assessed,valued and described in the -I.ssessment, tax rolls and tax books of said City of Fort T;orth for the year 1916 as the same have been presented to tlx Board of Commissioners of the said City of Fort Worth bythe Assess- or and Collector of taxes of said city. Section 8 : That the taxes herein levked and autorized and required to be collected shall be and become due and payableon Sep- tember 1st 1916, but the same shall not be construed to be delinqu& so alto incur penalty thereon until February let 1917,on which date and thereaf$er, in the event of default in payment,said penalty,as hereinafter sit out, shall accrue and be attached to, and become a part of the total amount to be paid by defaulting and delinquent tax- payers. Section 9: That the 31st day of January A D 1917, is hereby fixed as,7therfidal day upon which taxes shall be paid to the City of Fort Worth* without the imposition of penalties, but it is further provided that each and every person, firm, association or corpora- tion paying and discharging in full his, their,,gr i ���}ty taxes as hereby fixed and levied,on or before September �h lap shkll be allowed a rebate or discoutt of per cent of the full amount thereof, �and by paying the same as aforesaid after September 15th. 1915 LLid before October let 1916, shall be allowed at Yebate of two AM -a- per cent thereof as aforesaid. Section 10: That on ana after February let 1917, all such taxes -hereinbefore levied, as remain unpaid, as required herein to be paid on or before January 31st 1917, shall be deemed delinquent and there shall be added thereto a penalty of one pdr cent per month or part of month, upon the full amount of such unpaid taxes for the time the same shall remain unpaid. laid penalty oif one percent per month shall be addded to said taxes upon the first day of February 1917 and upon the first day of each and every month thereafter until taxes shall have been paid, which panalty, shall be and become a part of said taxes and be payable as such, and provided further that In the event of publication of delinque-at tax lists, or if suit is brought to recover such taxes and penalty the delinquent taxpayer shall be and be0ome 11ablIe thetefdr and the property of such taxpayer shall be subjett to the payment of said taxes, penalties and costs, and the same shall be and become a lein upon the property of such taxpayer, as prescribed by law. Section ll:That this ordinance shall take edfeet and be in force from and after its passage as provided by law. I hereby certify that the hbove and foregoing ordinanne was duly presented and unanimously passed and adopted oy the Board of Commissioners of the City of Fort Worth at a �" session of sai Board held the " day of August A D 1916. City Secretary Approved as to form, n Corporation Counsel. I hereby certify that the above and foregoing Ordinance was ably pre- sented and unanimously passed and adopted by the Board of Commissione:z of the City of Fort Worth at a Special Called session of said Board held Thursday August 24th, A. D. 1916.