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HomeMy WebLinkAboutO-1978-1130 :. . e . .. ' . OR.DINANCE NOf 1130 , ; AN ORDINANCE AMENDING CHAPTER 23, "T~XAT;rON", or TEE CODE OF ORDINANCES OF THE CITY OF LA PORTE, ~Y EXEMPTING FIFTEEN THOUSAND DOLLARS ($15,000.00)' OF' THE ASSESSED VALUE O,F RES;I;DENCE HOMESTEADS OF PERSONS SIXTY~FIVE (65) YEARS OF AGE OR' OLDER fROM ~LL AD VALOREM TAXES LEVIED BY THE CITY OF LA PORTE FROM AND AFTER . . . . JANUARY 1, 1978; AND PROV:IDING FOR AN EFFECTIVE DATE HEREOF ~ BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LA PORTE; Secti.'c>n 1. Chapter 23, "Taxation", of the Code of Ordinances of the City of La Porte, Texas, is hereby amended by adding thereto Section 23-4, which shall read as follows, to-wit; "TAXATION" "Section 23-4. Exceptio'n to paym~ent of' A.d Valorem Taxes. From and after January 1, 1978, Fifteen Thousand Dollars ($15,000.00) of the assessed va.lue of residence homesteads of persons sixty-five (65) years of age or older shall be exempted from ad valorem taxes levied by the City of La Porte; provided, however, tha't any person desiring the right of exemption shall first complete and file with the Tax Assessor- Collector of the City of La Porte a sworn statement stating his name, age and the legal description of said residence homestead; and, provided' further', that no residence homestead shall be entitled to more than one residence homestead tax exemption." Secti.on 2. This Ordinance shall be effective immediately upon its passage and approval. PA,SSED AND APPROVED, this the 6th day of September , 1978. ATTEST: ~~~~ CITY OF ~ . BY~~ ~.... Mayor APPROVED; City Attorney