HomeMy WebLinkAboutORD 1993-043 � ORDINANCE NO. 93-43
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AN ORDINANCE OF THE CITY OF GRAPEVINE, TEXAS,
SETTING THE ANNUAL TAX RATE FOR TAX YEAR 1993;
LEVYING TAXES FOR THE TAX YEAR 1993 TO BE
ASSESSED ON ALL TAXABLE PROPERTY WITHIN THE
LIMITS OF THE CITY OF GRAPEVINE, TEXAS; PROVIDING
PENALTIES AND INTEREST FORTHE DELINQUENTTAXES;
DECLARING AN EMERGENCY AND PROVIDING AN
EFFECTIVE DATE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE,
TEXAS:
Section 1 . That a tax rate is hereby levied upon all taxable property in the City
of Grapevine, Texas, for Tax Year 1993 at a rate of forty-two and fifty one-
hundredths cents (50.4250) per One Hundred Dollars (5100.00) valuation.
' Section 2. That there shall be and there is hereby levied the following taxes
on each One Hundred Dollars (5100.00) valuation on all taxable property within the
�= City of Grapevine, Texas, to be assessed and collected by the Tax Assessor/Collector
and collected for Tax Year 1993, and said taxes are to be assessed and collected for
the purposes and in the amounts hereinafter stipulated, to-wit:
A. For the General Fund, a tax rate of 50.2908 is levied.
B. For the Debt Service Fund, a tax rate of $0.1342 is levied.
Section 3. Taxes levied by this ordinance shall be due and payable on the first
day of October, 1993, and shall become delinquent on the first day of February,
1994, if unpaid. Upon taxes becoming delinquent, interest and penalty will be added
as required in Section 33.01 of the Texas Property Tax Code, and shall commence on
the first day of February, 1994. The City of Grapevine is hereby authorized to adopt
any and all legal remedies provided by the Texas Property Tax Code for the purpose
of collecting delinquent taxes.
Section 4. The fact that the fiscal year begins on October 1, 1993 requires
that this ordinance be effective upon its passage and adopted to preserve the public
„�, peace, property, health, and safety, and shall be in full force and effect from and after
its passage and adoption, and an emergency is hereby declared.
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PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, on this the 14th day of �n mt, r , 1993.
APPROVED:
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William D. Tate
Mayor
ATTEST:
Lind Huff
City Secretary
APPROVED AS TO FORM:
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John F. Boyle, Jr. '' "
City Attorney
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ORD. N0. 93-43 2