HomeMy WebLinkAboutOrdinance 1433609-18-00 A10 49 ItV
ORDINANCE NO ~ -l
AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF
AN ANNUAL AD VALOREM TAX ON ALL PROPERTY, REAL,
PERSONAL AND MIXED, SITUATED WITHIN THE TERRITORIAL
LIMITS OF THE CITY OF FORT WORTH, TEXAS, AND ALL
PERSONAL PROPERTY OWNED IN SAID CITY OF FORT WORTH,
TEXAS, ON THE FIRST DAY OF JANUARY, A D 2000, EXCEPT
SUCH PROPERTY AS MAY BE EXEMPT FROM 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, adopted and shall be collected by the
City of Fort Worth, Texas, as provided by law, an annual ad
valorem tax for the year 2000, at the rate of $0 8750 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, A D 2000,
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 6312
for general fund operations and a debt levy of $0 2438 for
servicing outstanding debt obligations
SECTION II
The debt portion of the tax levy which is hereinbefore made
is to provide for the payment of interest and to create a
redemption fund to discharge and pay principal and interest on any
general obligations due or owing by the City of Fort Worth, Texas,
and shall not be taken as an addition to levies for the same
purpose in the respective ordinances authorizing and creating such
obligations, but 'the levy hereinbe
and for the purpose of carrying
provisions of said prior ordinances
shall pay each week to the General
and eighty six hundredths percent
collected
fore made is made pursuant to
out and complying with the
The Chief Accounting Officer
Debt Service Fund twenty-seven
(27 8 6 0 ) of the current taxes
SECTION III
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 rolls and the tax books
of the City of Fort Worth, Texas, for the year 2000, 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 IV
The taxes provided for herein are due on receipt of a tax
bill and are delinquent if not paid before February 1, 2001
Failure to send or receive the tax bill shall not, however, affect
the validity of the taxes, penalty or interest herein imposed, the
due date, the existence of a tax lien, or any procedure instituted
to collect such taxes, penalty or interest
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SECTION V
If a person pays one-half of the taxes required to be paid by
virtue of this Ordinance before December 1, 2000, he may pay the
remaining one-half of such taxes without penalty or interest at ,
any time before July 1, 2001
SECTION VI
(a) A delinquent tax incurs a penalty of six percent (60)
of the amount of the tax for the first calendar month it is
delinquent plus one percent (10) for each additional month or
portion of a month the tax remains unpaid prior to July 1, 2001
However, a tax delinquent on July 1, 2001, incurs a total penalty
of twelve percent (120) 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, 2001, the second payment is delinquent and incurs a
penalty of twelve (12) percent of the amount of the unpaid tax
SECTION VII
In addition to the penalty set out above, a delinquent tax
accrues interest at a rate of one percent (1 0 ) for each month or
portion of a month the tax remains unpaid Said interest of one
percent (10) per month shall be added to said taxes in the event
the payment thereof shall become delinquent as above set forth,
and said interest shall attach on the first day of each month
thereafter until the taxes shall have been paid, which interest
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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, 2001, incurs an additional
penalty of fifteen percent (150) 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 IX
A tax that becomes delinquent on or after June 1 under Section
31 03, 31 031, 31 032, or 31 04 of the Tax Code shall incur an
additional penalty of 15 percent of the amount of taxes, penalty,
and 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
owing according to law
SECTION X
Such taxes, penalty and interest shall be and become a lien
upon the property on which the taxes are levied, as prescribed by
the Charter of the City of Fort Worth, Texas, and the laws of the
State of Texas, and such lien shall be and is hereby made a
paramount, first and superior lien to all other liens whatsoever
on the property on which said taxes are levied
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SECTION XI
Should any part, portion, section or part of a section of
this ordinance 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 sections of this ordinance, which
provision shall be, remain and continue to be in full force and
effect
SECTION XII
This ordinance shall take effect and be~in full force and
effect from and after the date of its passage as provided by law
APPROVED AS TO FORM AND LEGALITY
City Attorney
Date /- /~-oo
ADOPTED `I - /.2 - 00
EFFECTIVE ~"/~- o~/
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