HomeMy WebLinkAboutO-2018-3724 Establishing the Tax Rate for the Current Tax Year 2018 ORDINANCE NO. 2018-3724
AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND SUBJECT TO TAXATION IN
THE CITY OF LA PORTE, TEXAS; MAKING APPROPRIATIONS FOR SUPPORT, MAINTENANCE, AND
IMPROVEMENT OF THE CITY GOVERNMENT OF SAID CITY OF LA PORTE; FINDING THAT ALL REQUIRED
NOTICES HAVE BEEN PUBLISHED AND ALL REQUIRED HEARINGS HELD;CONTAINING A REPEALING CLAUSE;
CONTAINING A SEVERABILITY CLAUSE; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND
PROVIDING AN EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE
Section 1. That there is hereby levied for the fiscal year beginning October 1,2018,and ending September
30, 2019,on all real property situated and all personal property owned within the taxable limits of the said
City of La Porte,on the first day of January,2018,except so much as may be exempt under the constitution
and laws of the United States, this State, and the City of La Porte,the following taxes:
(1) An Ad Valorem Tax of and at the rate of sixty and five tenths cents ($.605) on the one
hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United
States for the current expenses for the support,maintenance,and improvement of the City
Government of said City of La Porte;and
(2) An Ad Valorem Tax of and at the rate of ten and five tenths cents ($.105) on the one
hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United
States,to pay current interest on and provide one year's sinking fund and to pay all of the
Principal and Interest accruing on all outstanding general obligation bonds and certificates
of obligation lawfully issued by the City of La Porte.
That this provides the sum of total Ad Valorem tax at the rate of seventy-one cents ($.71) on the one
hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United States.
Section 2. All property upon which a rate of taxation is hereinabove levied shall be assessed on a ratio of one
hundred percent(100%) of the estimated market value thereof.
Section 3. That the sums hereinafter accruing and collected from the hereinabove taxes so levied be and the
same are hereby appropriated for the support, maintenance,and improvement of the City Government of
the City of La Porte.
Section 4. The City Council officially finds,determines, recites and declares that all notices required by law
have been published, and that all matters prerequisite to the establishment and levy of an ad valorem tax
have been accomplished,all as required by the laws of the State of Texas,and the Home Rule Charter of the
City of La Porte.
Section 5. If any section,sentence,phrase,clause,or any part of any section,sentence,phrase,or clause,of
this Ordinance shall,for any reason,be held invalid,such invalidity shall not affect the remaining portions of
this Ordinance,and it is hereby declared to be the intention of this City Council to have passed each section,
sentence,phrase,or clause,or part thereof,irrespective of the fact that any other section,sentence,phrase,
or clause, or part thereof, may be declared invalid.
Section 6. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of
such conflict only.
Section 7. The City Council officially finds,determines, recites and declares that a sufficient written notice of
the date,hour,place,and subject of this meeting of the City Council was posted at a place convenient to the
public at the City Hall of the City for the time required by law preceding this meeting, as required by the
Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the
public as required.
Section 8. This Ordinance shall be in effect from and after its passage and approval.
PASSED AND APPROVED this the 24th day of September, 2018.
CITY OF i' l 'T- TEXAS
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L*uis R Rig.y, M.:
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Patrice Fogarty, Citytary
APPROVED:
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Clark T.Askins, Assistant City Attorney