HomeMy WebLinkAboutResolution No. 85-20 RESOLUTION N0. R20-85
A RESOLUTION ESTABLISHING A TAX EXEMPTION BASED ON A
PERCENTAGE OF THE MARRET VALUE OF RESIDENCE HOME-
STEADS WITHIN THE CITY OF FRIENDSWOOD, TEXAS,
ESTABLISHING A TAX EXEMPTION OF TEN THOUSAND DOLLARS
($10,000.00)OF THE ASSESSED VALUE OF RESIDENCE HOME-
STEADS WITHIN THE CITY OF FRIENDSWOOD, TEXAS, FOR
PERSONS SIXTY-FIV E (65) YEARS OF AGE OR OLDER AND
ESTABLISHING A TAX EXEMPTION OF FIFTEEN THOUSAND
DOLLARS ($15,000.00) FOR THO5E PERSONS DISABLED;
MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE
SUBJECT.
* * * *
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD,
STATE OF TEXAS:
Section 1. The City Council of the City of Friendswood,
Texas, does hereby exempt from City ad valorem taxation, the
maximum as permitted by law, of the market value of the residence
homestead of each married and unmarried adult responsible for the
payment of such City taxes, including an adult living alone, but
in no event shall the amount of such exemption be less than five
thousand dollars ($5,000.00) .
Section 2. The City Council of the City of Friendswood,
Texas, does hereby exempt ten thousand dollars ($10,000.00) of
the assessed value of residence homesteads within the City for
married or unmarried persons sixty-five (65) years of age or
older, including those living alone, from all ad valorem taxes
thereafter levied by the City.
Section 3. The City Council of the City of Friendswood,
Texas, does hereby exempt fifteen thousand dollars ($15,000.00)
for those persons who are disabled who are married or unmarried
persons, including those living alone, from all ad valorem taxes
thereafter levied by the City.
Section 4. Each person desiring such exemption or
exemptions shall file an application with the Chief Appraiser of
the Galveston County Appraisal to qualify for said exemptions,
said application to be in such form and filed at such time as
shall be required by law.
Section 5. The grant of these exemptions shall be in
addition to any other exemption for which the recipient shall be
qualified under the law.
PASSED AND APPRCIVED THIS 7TH DAY OF OCTOBER, 1985.
MAYOR LPH L. LOWE
AT T:
DELO IS MCKE IE
CITY SECRETARY