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HomeMy WebLinkAboutResolution No. 88-12 RESOLUTION NO. R g g_12 A RESOLUTION ESTABLISHING A TAX EXEMPTION ON RESIDENTIAL HOMESTEADS WITHIN THE CITY OF FRIENDSWOOD OF 20 PERCENT OF THE APPRAISED VALUE THEREOF; AND PROVIDING OTHER MATTERS RELATING TO THE SUBJECT. * * * * * * * BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS : Section l . In accordance with subsection (h) of Section 11 . 13 of the Texas Property Tax Code, as amended, the City Council of the City of Friendswood, Texas, does hereby exempt from taxation 20 percent of the appraised value of residential homesteads within the City. Section 2 . Application. In order to have such exemption applied to a resident homestead, a person claiming such exemption must timely file with the Chief Appraiser of the applicable county appraisal district an application in accordance with Section 11 . 43 of the Texds Property Tax Code. Section 3 . The resident homestead exemption provided for herein shall apply for the tax year 1988 and all subsequent tax years unless modified by further action of the City Council or by operation af law. PASSED, APPROVED, AND RESOLVED THIS THE 18th day of April 1988 . , Ralph . Lowe, Maynr ATTEST: t /I � Deloris McKenzie, CMC City Secretary