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ORDINANCE NO. 2020-3801
<br />AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND
<br />SUBJECT TO TAXATION IN THE CITY OF LA PORTE, TEXAS; MAKING APPROPRIATIONS FOR
<br />SUPPORT, MAINTENANCE, AND IMPROVEMENT OF THE CITY GOVERNMENT OF SAID CITY
<br />OF LA PORTE; FINDING THAT ALL REQUIRED NOTICES HAVE BEEN PUBLISHED AND ALL
<br />REQUIRED HEARINGS HELD; CONTAINING A REPEALING CLAUSE; CONTAINING A
<br />SEVERABILITY CLAUSE; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND
<br />PROVIDING AN EFFECTIVE DATE HEREOF.
<br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE
<br />Section 1. That there is hereby levied for the fiscal year beginning October 1, 2020, and ending September 30,
<br />2021, on all real property situated and all personal property owned within the taxable limits of the said City of La
<br />Porte, on the first day of January 2020, except so much as may be exempt under the constitution and laws of the
<br />United States, this State, and the City of La Porte, the following taxes:
<br />(1) An Ad Valorem Tax of and at the rate of sixty-one and seven tenths cents ($.617) on the one hundred
<br />dollars ($100.00) cash value thereof, estimated in lawful currency of the United States for the current
<br />expenses for the support, maintenance, and improvement of the City Government of said City of La Porte;
<br />and
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<br />(2) An Ad Valorem Tax of and at the rate of nine and three tenths cents ($.093) on the one hundred dollars
<br />($100.00) cash value thereof, estimated in lawful currency of the United States, to pay current interest on
<br />and provide one year's sinking fund and to pay all of the Principal and Interest accruing on all outstanding
<br />general obligation bonds and certificates of obligation lawfully issued by the City of La Porte.
<br />That this provides the sum of total Ad Valorem tax at the rate of seventy-one cents ($.71) on the one hundred
<br />dollars ($100.00) cash value thereof, estimated in lawful currency of the United States.
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<br />Section 2. All property upon which a rate of taxation is hereinabove levied shall be assessed on a ratio of one
<br />hundred percent (100%) of the estimated market value thereof.
<br />Section 3. That the sums hereinafter accruing and collected from the hereinabove taxes so levied be and the same
<br />are hereby appropriated for the support, maintenance, and improvement of the City Government of the City of La
<br />Porte.
<br />Section 4. The City Council officially finds, determines, recites and declares that all notices required by law have
<br />been published, and that a public hearing as required by law was duly called and held, and that all matters
<br />prerequisite to the establishment and levy of an ad valorem tax have been accomplished, all as required by the
<br />laws of the State of Texas, and the Home Rule Charter of the City of La Porte.
<br />Section 5. If any section, sentence, phrase, clause, or any part of any section, sentence, phrase, or clause, of this
<br />Ordinance shall, for any reason, be held invalid, such invalidity shall not affect the remaining portions of this
<br />Ordinance, and it is hereby declared to be the intention of this City Council to have passed each section, sentence,
<br />phrase, or clause, or part thereof, irrespective of the fact that any other section, sentence, phrase, or clause, or part
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