|
<br />ORDINANCE NO. OS-m
<br />
<br />AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND SUBJECT TO
<br />TAXATION IN THE CITY OF LA PORTE, TEXAS; MAKING APPROPRIATIONS FOR SUPPORT,
<br />MAINTENANCE, AND IMPROVEMENT OF THE CITY GOVERNMENT OF SAID CITY OF LA PORTE;
<br />FINDING THAT ALL REQUIRED NOTICES HAVE BEEN PUBLISHED AND ALL REQUIRED HEARINGS
<br />HELD; CONTAINING A REPEALING CLAUSE; CONTAINING A SEVERABILITY CLAUSE; FINDING
<br />COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF.
<br />
<br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE
<br />
<br />Section 1. That there is hereby levied for the fiscal year beginning October 1, 2006, and ending September
<br />30,2007, on all real property situated and all personal property owned within the taxable limits of the said
<br />City of La Porte, on the first day of January, 2007, except so much as may be exempt under the constitution
<br />and laws of the United States, this State, and the City of La Porte, the following taxes:
<br />
<br />(1) An Ad Valorem Tax of and at the rate of sixty-one cents ($.611) on the one hundred dollars
<br />($100.00) cash value thereof, estimated in lawful currency of the United States for the
<br />current expenses for the support, maintenance, and improvement of the City Government of
<br />said City of La Porte; and
<br />
<br />(2) An Ad Valorem Tax of and at the rate of nine cents ($.099) on the one hundred dollars
<br />($100.00) cash value thereof, estimated in lawful currency of the United States, to pay
<br />current interest on and provide one year's sinking fund and to pay all of the Principal and
<br />Interest accruing on all outstanding general obligation bonds and certificates of obligation
<br />lawfully issued by the City of La Porte.
<br />
<br />That this provides the sum of total Ad Valorem tax at the rate of seventy-one cents ($.71) on the one
<br />hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United States.
<br />
<br />Section 2. All property upon which a rate of taxation is hereinabove levied shall be assessed on a ratio of
<br />one hundred percent (100%) of the estimated market value thereof.
<br />
<br />Section 3. That the sums hereinafter accruing and collected from the hereinabove taxes so levied be and
<br />the same are hereby appropriated for the support, maintenance, and improvement of the City Government
<br />of the City of La Porte.
<br />
<br />Section 4. The City Council officially finds, determines, recites and declares that all notices required by law
<br />have been published, and that a public hearing as required by law was duly called and held, and that all
<br />matters prerequisite to the establishment and levy of an ad valorem tax have been accomplished, all as
<br />required by the laws of the State of Texas, and the Home Rule Charter of the City of La Porte.
<br />
<br />Section 5. If any section, sentence, phrase, clause, or any part of any section, sentence, phrase, or clause,
<br />of this Ordinance shall, for any reason, be held invalid, such invalidity shall not affect the remaining
<br />portions of this Ordinance, and it is hereby declared to be the intention of this City Council to have passed
<br />each section, sentence, phrase, or clause, or part thereof, irrespective of the fact that any other section,
<br />sentence, phrase, or clause, or part thereof, may be declared invalid.
<br />
<br />Section 6. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of
<br />such conflict only.
<br />
|