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HomeMy WebLinkAboutORD 2022-034ORDINANCE NO. 2022-034 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS ADOPTING AN OPTIONAL LIMITATION ON TAX INCREASES FOR RESIDENCE HOMESTEADS OF PERSONS WHO ARE DISABLED OR AT LEAST 65 YEARS OF AGE PURSUANT TO SECTION 11.261, TEXAS TAX CODE; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City of Grapevine, exercising its authority under the Texas Constitution and the Texas Property Tax Code, and other laws and resolutions, wishes to grant tax relief to the residence homestead property taxes of those persons who are at least 65 years of age or disabled (as that term is defined in Tax Code Section 11.13 (m) (1)); and WHEREAS, the City of Grapevine believes that granting this tax relief is in the best interests of the community; and WHEREAS, all constitutional and statutory prerequisites for the approval of this ordinance have been met, including but not limited to the Open Meetings Act; and WHEREAS, the City Council deems the adoption of this ordinance is in the best interests of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That all matters stated herein above are found to be true and correct and are incorporated herein by reference as if copied in their entirety. Section 2. That the City Council of the City of Grapevine hereby adopts the optional limitation on tax increases for residence homesteads of those persons who are disabled or are 65 years of age or older, as authorized by Section 11.261 of the Texas Tax Code and Article 1-b(h) of the Texas Constitution. Section 3. This ordinance shall be in full force and effect upon its passage and approval for tax year 2022 and all subsequent tax years. Section 4. The fact that the present ordinances and regulations of the City of Grapevine, Texas are inadequate to properly safeguard the health, safety, morals, peace and general welfare of the public creates an emergency which requires that this ordinance become effective from and after the date of its passage, and it is accordingly so ordained. PASSED AND APPROVED BY THE CITY COUNCIL O GRAPEVINE, TEXAS on this the 21st day of June, 2022. APPROVED: WillialyrD. Tate Mayor ATTEST: -�0 ° Tara Brooks t City Secretary O 1 % (J-) tz Matte C.G. Boyle City Attorney Ordinance No. 2022-034 2