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ORDINANCE NO. 2018-3724
<br /> AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND SUBJECT TO TAXATION IN
<br /> THE CITY OF LA PORTE, TEXAS; MAKING APPROPRIATIONS FOR SUPPORT, MAINTENANCE, AND
<br /> IMPROVEMENT OF THE CITY GOVERNMENT OF SAID CITY OF LA PORTE; FINDING THAT ALL REQUIRED
<br /> NOTICES HAVE BEEN PUBLISHED AND ALL REQUIRED HEARINGS HELD;CONTAINING A REPEALING CLAUSE;
<br /> CONTAINING A 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 1,2018,and ending September
<br /> 30, 2019,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,2018,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 /> (1) An Ad Valorem Tax of and at the rate of sixty and five tenths cents ($.605) on the one
<br /> hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United
<br /> States for the current expenses for the support,maintenance,and improvement of the City
<br /> Government of said City of La Porte;and
<br /> (2) An Ad Valorem Tax of and at the rate of ten and five tenths cents ($.105) on the one
<br /> hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United
<br /> States,to pay current interest on and provide one year's sinking fund and to pay all of the
<br /> Principal and Interest accruing on all outstanding general obligation bonds and certificates
<br /> of obligation lawfully issued by the City of La Porte.
<br /> That this provides the sum of total Ad Valorem tax at the rate of seventy-one cents ($.71) on the one
<br /> hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United States.
<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
<br /> same are hereby appropriated for the support, maintenance,and improvement of the City Government of
<br /> the City of La Porte.
<br /> Section 4. The City Council officially finds,determines, recites and declares that all notices required by law
<br /> have been published, and that all matters prerequisite to the establishment and levy of an ad valorem tax
<br /> have been accomplished,all as required by the laws of the State of Texas,and the Home Rule Charter of the
<br /> City of La Porte.
<br /> Section 5. If any section,sentence,phrase,clause,or any part of any section,sentence,phrase,or clause,of
<br /> this Ordinance shall,for any reason,be held invalid,such invalidity shall not affect the remaining portions of
<br /> this Ordinance,and it is hereby declared to be the intention of this City Council to have passed each section,
<br /> sentence,phrase,or clause,or part thereof,irrespective of the fact that any other section,sentence,phrase,
<br /> or clause, or part thereof, may be declared invalid.
<br /> Section 6. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of
<br /> such conflict only.
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