HomeMy WebLinkAboutOrdinances (O-04-1437)-01/20/2004
ORDINANCE 0-04-1437
AN ORDINANCE APPROVING AN AD VALOREM TAX FREEZE FOR
RESIDENTIAL HOMESTEAD PROPERTY OWNERS WHO ARE DISABLED OR
SIXTY-FIVE YEARS OF AGE OR OLDER AND PROVIDING FORAN EFFECTIVE
DATE
WHEREAS, the City of Colleyville is a home rule city acting under its charter and
adopted by the electorate pursuant to Article XI, Section 5 of the
Texas Constitution and Chapter 9 of the Local Government Code; and
WHEREAS, as approved by the voters of the State of Texas at an election held on
September 13, 2003, Article VIII, Section 1-b, subsection H, of the
Texas Constitution allows municipalities and certain other taxing
entities to establish an ad valorem tax freeze on residence
homesteads of disabled individuals and individuals aged sixty-five and
older; and
WHEREAS, effective January 1, 2004, Section 11.261 of the Texas Tax Code
governs the procedure under which a municipality or other taxing
entity may adopt an ad valorem tax freeze; and
WHEREAS, the City Council believes it would be in the best interest of the citizens
of Colleyville to provide for a tax freeze on the amount of property
taxes on the homesteads of disabled individuals and individuals aged
sixty-five or older, beginning with tax year 2004.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS
Sec.1.
Sec. 2.
Sec. 3.
THAT effective with tax year 2004, the total amount of ad valorem
taxes imposed on the residence homesteads of a person who is
disabled or is sixty-five years of age or older shall not be increased
while it remains the residence homestead of that person or that
person's spouse who is disabled or sixty-five years of age or older.
THAT if the person who is disabled or is sixty-five years of age or
older dies in a year in which the person received a residence
homestead exemption, the total amount of ad valorem taxes imposed
upon the residence homestead shall not be increased while it remains
the residence homestead of that person's surviving spouse if the
spouse is fifty-five years of age or older at the time of the person's
death.
THAT notwithstanding Sec. 1. and Sec. 2., taxes on the residence
Ordinance 0-04-1437
Page 2 of 2
homestead may be increased to the extent the value of the residence
homestead is increased by improvements other than repairs and
other than improvements made to comply with governmental
requirements.
Sec4.
THAT the effective date for this ordinance shall be upon passage, and
applies only to ad valorem taxes imposed on or after the date of
passage.
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the
January 2004.
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day of
The second reading and public hearing being conducted on the
January 2004.
day of
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Cynthia Singleton, TRMC
City Secretary
APPROVED AS TO FORM AND LEGALITY:
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Ross T. Foster
City Attorney