HomeMy WebLinkAboutOrdinances (O-03-1390)-02/18/2003
ORDINANCE 0-03-1390
AN ORDINANCE RESCINDING ORDINANCE 0-93-915, AND EXEMPTING A
PORTION OF THE MARKET VALUE OF RESIDENT HOMESTEADS OF PERSONS
SIXTY-FIVE YEARS OF AGE OR OLDER AND DISABLED PERSONS FROM AD-
VALOREM TAXES, RENDERED AFTER THE PASSAGE OF THIS ORDINANCE.
WHEREAS, the City of Colleyville is authorized to grant exemptions to persons sixty-
five years of age or older and disabled persons; and
WHEREAS, the City of Colleyville has previously granted such an exemption in
Ordinance 0-93-915; and
WHEREAS, the City Council is of the opinion that said exemption should be
increased.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1.
Sec. 2.
Sec. 3.
THAT Ordinance 0-93-915 of the City of Colleyville and any other
conflicting ordinance is hereby repealed.
THAT Sixty Five Thousand Dollars ($65,000.00) of the market value of the
resident homestead of persons, married or unmarried, including those
living alone, sixty-give (65) years of age or older is hereby exempted from
ad valorem taxes levied by the City of Colleyville effective beginning for
Tax Year 2003.
THAT Sixty Five Thousand Dollars ($65,000) of the market value of the
resident homestead of persons, married or unmarried, including those
living alone, who are under a disability for purposes of payment of
disability insurance benefits under the Federal Old Age Survivors and
Disability Insurance or its successors, is hereby exempted from ad
valorem taxes levied by the City of Colleyville effective beginning Tax Year
2003.
That in order to receive such exemption, the person claiming same shall
comply with Section 11.43 of the Property Tax Code of the State of Texas
and any subsequent amendments thereof.
Ordinance 0-03-1390
Page 2
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the -f/ ~ day of
C ./~~2003.
The second reading and public hearing being conducted on the /,p)/, day of
L~ a~ 2003. CITY COUNCIL APPROVED
APR 1 2003
ATTEST:
~)'4~~
Cynthia Singleton, TRMC
City Secretary
APPROVED AS TO FORM AND LEGALITY:
Ross 1. Foster
City Attorney