HomeMy WebLinkAboutO-2012-3432 establish tax rate for the current tax year/total tax rate of $.71 per hundred-dollar valuationORDINANCE NO.
AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND
SUBJECT TO TAXATION IN THE CITY OF LA PORTE, TEXAS; MAKING APPROPRIATIONS
FOR SUPPORT, MAINTENANCE, AND IMPROVEMENT OF THE CITY GOVERNMENT OF SAID
CITY OF LA PORTE; FINDING THAT ALL REQUIRED NOTICES HAVE BEEN PUBLISHED AND
ALL REQUIRED HEARINGS HELD; CONTAINING A REPEALING CLAUSE; CONTAINING A
SEVERABILITY CLAUSE; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND
PROVIDING AN EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE
Section 1. That there is hereby levied for the fiscal year beginning October 1, 2012, and ending
September 30, 2013, on all real property situated and all personal properyowned within the taxable
limits of the said City of La Porte, on the first day of January, 2012, except so much as may be
exempt under the constitution and laws of the United States, this State, and the City of La Porte, the
following taxes:
(1) An Ad Valorem Tax of and at the rate of sixty-four cents ($.64) on the one hundred
dollars ($100.00) cash value thereof, estimated in lawful currency of the United
States for the current expenses for the support, maintenance, and improvement of
the City Government of said City of La Porte; and
(2) An Ad Valorem Tax of and at the rate of seven cents ($.07) 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 declaresthatall notices required
by law have been published, and that a public hearing as required by lawwas duly called and held,
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 partthereof, maybe 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 10t" day of September, 2012.
CITY OF LAP T . XAS
Louis R. ig y, ayor
EST:
Patrice Fogarty, i Secr ary
APPROVED:
Clark T. Askins, Assistant City Attorney