HomeMy WebLinkAbout92-2936207
TAX RATE
ORDINANCE NO. 92-2936
AN ~ORDINANCE LEVYING MUNICIPAL AD VALOREM TAXES FOR
THE CITY OF PLAINVIEW, TEXAS, FOR THE YEAR 1992, AND
DIRECTING THE ASSESSMENT AND COLLECTION THEREOF.
WHEREAS, THE CITY COUNC]I, finds that the tax for the year 1992,
hereinafter levied for current expenses and general improvements of the City
and its property, must be levied to provide for the ensuing year.
BE IT ORDAINRD by the City Council of the City of Plainview, Texas:
SECTION 1: There is hereby levied and there shall be collected for the use
and support of the Municipal government, a tax of forty seven and fourteen
hundredths cents ($.4714) on the one hundred dollars ($100.00) valuation of
all property, real, personal and mixed within the corporate limits of said
City, subject to taxation, for the specific purposes herein set forth:
(a) For the current expenditures of the City of Plalnview and for the
general improvement, use and support of the City, and its property,
there is he~eb~g levied and ordered to be assessed and collected for the
Year 1992 on all property situated within the limits of the City, and not
exempt from taxation by valid law, an ad valorem tax at the rate of
forty seven and fourteen hundredths cents ($.4714) on the one
hundred dollars ($100.00) valuation of such property.
SECTION 2: That the ad valorem taxes levied shall become due on October
1, 1992, and may be paid up to and including the following January 31,
without penalty, but if not so paid, such taxes shall become delinquent on
the following day, February 1, and the penalty and interest designated by
State Law shall be collected for each month or portion of the month that the
delinquent taxes remain unpaid. Interest and penalty collected from such
delinquent taxes shall be appropriated to the General Fund of the City of
Plainview. The rate of interest to be collected on delinquent taxes shall be
in accordance with State Law.
SECTION S: The taxes herein levied shall be a first and prior lien against
the property upon which they are assessed and the said first lien slss11 be
superior and prior to all other liens, charges and encumbrances, and this lien
shall attach to personal property to the same extent and priorities as real
estate. The liens provided herein attached as of January 1, 1993.
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PASSI~D AND APPROVF_~D this the 22th day of September, 1992.
E. V. Ridlehu~er, Mayor
ATTEST:
Kamen McBeth, City Secretary
APPROVED AS TO CONTENT:
Norman Huggins, D~ctor of Finance
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