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HomeMy WebLinkAboutOrdinance No. 2011-32 (Title: An ordinance providing for the levy and collection of ad valorem taxes of the City of Friendswood,Texas,for the year 2011.) ORDINANCE NO. 2011-32 AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AD VALOREM TAXES OF THE CITY OF FRIENDSWOOD, TEXAS, FOR THE YEAR 2011; PROVIDING THE DATE ON WHICH SUCH TAXES SHALL BE DUE AND PAYABLE; PROVIDING FOR PENALTY AND INTEREST ON ALL TAXES NOT TIMELY PAID; PROVIDING FOR SEVERABILITY; AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES INCONSISTENT OR IN CONFLICT HEREWITH. WHEREAS, Section 26.05 of the Texas Property Tax Code provides that before thl latter of September 30th or the 60a' day after the date the City receives the certified appraisal roll the City Council shall adopt a tax rate for the current tax year; and WHEREAS, such Section further provides that where the tax rate consists of twl components (one which will impose the amount of taxes needed to pay the City's debt service and the other which will impose the amount of taxes needed to fund maintenance and operation expenditures for the next year), each of such two components must be approved separately; and WHEREAS, the proposed tax rate for the current tax year of the City of Friendswood, Texas, consists of two such components, a tax rate of$.0684 for debt service and a tax rate If $.5218 to fund maintenance and operation expenditures; and WHEREAS, by separate motions heretofore adopted by the City Council of the City of 1 Friendswood, Texas, at a regular meeting of City Council held on this 3rd day of October, 2011, said City Council has approved separately the tax rate heretofore specified for each of said components; and WHEREAS, all notices and hearings required by law as a prerequisite to the passage, approval, and adoption of this Ordinance have been timely and property given and held; now, therefore BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS: Section 1. The facts and matters set forth in the preamble of this Ordinance are found; to be true and correct and are hereby adopted, ratified, and confirmed. Section 2. There is hereby levied, for the tax year 2011, to fund the City's fiscal year 2011-2012 municipal budget, an ad valorem tax at the total rate of$.5902 on each One Hundred Dollars ($100) of assessed valuation on all property, real, personal, and mixed, within thel corporate limits of the City, upon which an ad valorem tax is authorized by law to be levied by the City of Friendswood, Texas. All such taxes shall be assessed and collected in current money of the United States of America. Section 3. Of the total tax levied in Section 2 hereof, $.5218 is levied to fund) maintenance and operation expenditures of the City for the fiscal year 2011-2012. THIS TAX, RATE WILL RAISE MORE TAXES FOR MAINTENANCE ANDI OPERATIONS THAN LAST YEAR'S TAX RATE. Section 4. Of the total tax levied in Section 2 hereof, $.0684 is levied for the purpos of paying the interest on bonds, warrants, certificates of obligation, or other lawfully authorized I evidence of indebtedness issued by the City of Friendswood, Texas, including the various installments of principal due on the serial bonds, warrants, certificates of obligation, or other Ord.2011-32 2 lawfully authorized evidence of indebtedness issued by the City, as such installments shall respectively mature in the fiscal year 2011-2011. Section 5. All ad valorem taxes levied hereby, in the total amount-of$.5902 on each One Hundred Dollars ($100.00) of assessed valuation, as reflected by Sections 2, 3, and 4 hereof,; shall be due and payable on or before January 31, 2012. All ad valorem taxes due the City of Friendswood, Texas, and not paid on or before January 3151 following the year for which they were levied, shall bear penalty and interest as prescribed in the Texas Tax Code. Section 6. In the event any clause, phrase, provision, sentence, or part of this Ordinance or the application of the same to any person or circumstance shall for any reason be adjudged invalid or held unconstitutional by a court of competent jurisdiction, it shall not affect, impair, or invalidate this Ordinance as a whole or any part or provision hereof other than the part declared.to be invalid or unconstitutional; and the City Council of the City of Friendswood,Texas, declares that it would have passed each and every part of the same notwithstanding the omission of any such part thus declared to be invalid or unconstitutional,whether there be one or more parts. Section 7. , All ordinances and parts of ordinance in conflict herewith are, to the extent of such conflict, hereby repealed. PASSED, APPROVED, AND ADOPTED on first and final reading this 3rd day of October,2011. David J. S ith Mayor ATTEST: OF FRIENo ''nn^^ nn A � l/ � V � C Melinda Welsh,TRMC * /� City Secretary s� Pg qyE OF Ski Ord.2011-32 3