HomeMy WebLinkAbout88-2761TAX LEVY
ORDINANCE NO. 88-2761
AN ORDINANCE LEVYING MUNICIPAL AD VALOREM TAXES
FOR THE CITY OF PLAINVIEW, TEXAS, FOR THE YEAR
1~88, AND DIRECTING THE ASSESSMENT AND COLLECTION
~THEREOF.
WHEREAS, the City Council finds that the tax for the year
1988, hereinafter levied for current expenses and general
improvements of the City and its property must be levied to
provide for the ensuing year. ·
~BETExASIT. ORDAINED BY T~E CITY COUNCIL OF ~ CITY OF PLAINVIEW,
SECTION ~: There is hereby levied and there shall be collected
for the use and support of the Municipal government, a tax of
fifty and seventy four hundredths cents ($0.5074) 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
Plainview and for the general improvement, use
and support of the City and its property, there
is hereby levied and ordered to be. assessed and
collected .for the Year 1988 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 fifty and seventy four
~undredths ($0.5074) 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, 1988, 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.
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SECTION 3: The taxes herein levied shall be a first and prior
lien against the property upon which they are assessed and the
said first lien shall 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, 1989.
Passed on first reading this 13th day of September, 1988.
Passed and approved on second and final reading this 27th day
of September, 1988. ~~,
E.V. Ridlehuber, Mayor
A~fEST:
Carla Reese, ~ity Secretary
APPROVAL AS TO CONTENT:
Norman Huggins,~WCEfirector of Finance
APPROVAL AS TO FORM:
David ~kburn, City Attorney
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