HomeMy WebLinkAboutOrdinances (O-90-772)-12/31/1990
24
25
1
. /~ ~. ~l"'--/
('\, . L "j:"../
1l~' . ,,,",,1t ' , "~,(I,,A.~,.
" / (j'" /. j, I
'f-' . "-' \ \.~' I 'v' ,
,I \...~.- ! .," "
\\./K \)..!v ,,~
\1' \ ,\
fJ~
~-{~-10 ,
l.t: aD 1;
2
ORDINANCE 0-90-772
3
AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE TO EXERCISE ITS OPTION TO TAX THAT PROPERTY
EXEMPTED UNDER SECTION 11.251, TEXAS PROPERTY TAX CODE
AND ARTICLE VIII, SECTION 1-J, TEXAS CONSTITUTION.
4
5
WHEREAS, Article VIII, Section 1-j, Subsection (a) of the Texas
Consti tution and Section 11.251 of the Texas Property
Tax Code exempts from taxation certain tangible personal
property referred to as "freeport goods" unless the
governing body of the taxing authority elects to tax
said property; and
6
7
8
WHEREAS, the exemption of said "freeport goods" from taxation
by the City of Colleyville would result in the loss
of needed revenues to the City and an unfair shi ft
of the tax burden to the homeowner and local
businessman; and
9
10
11
WHEREAS,
Article VIII, Section 1-j, Subsection (b)
Consti tution authorizes the City Council
of Colleyville to exercise its option
"freeport goods".
of the Texas
of the City
to tax said
12
13
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE:
14
Sec. 1. THAT Ordinance 0-90-752 Section 1 be amended to read:
The City of Colleyville elects to tax that tangible
personal property described in Article VIII, Section
1-j, Subsection (a), Texas Constitution and Section
11.251, Texas Property Tax Code, which would otherwise
be exempt during 1990's and subsequent years.
15
16
17
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the
day of , 1990.
The second reading and public hearing being conducted on the
day of , 1990.
The third reading and public hearing being conducted on the
day of 1990.
18
19
20
21
ATTEST:
CITY OF COLLEYVILLE
22
LaVada Johnson
City Secretary
Chris Hawkins
Mayor
23
APPROVED AS TO FORM AND LEGALITY:
Ross T. Foster
City Attorney
26
L/D/42