Ordinance 1994-40
ORDINANCE NO. 94-40
AN ORDINANCE FIXING TIlE TAX RATE AND LEVY IN AND FOR TIlE CITY OF
WYLIE, TEXAS UPON ALL TAXABLE PROPERTY IN SAID CITY OF WYLIE, TEXAS,
FOR TIlE PURPOSE OF PAYING TIlE CURRENT EXPENSES OF SAID CITY OF TIlE
FISCAL YEAR ENDING SEPTEMBER 30,1994, AND FOR TIlE FURTIlER PURPOSE OF
CREATING A SINKING FUND TO RETIRE TIlE PRINCIPAL AND INTEREST OF TIlE
BONDED INDEBTEDNESS OF SAID CITY; PROVIDING FOR A LIEN ON ALL REAL AND
PERSONAL PROPERTY TO SECURE PAYMENT OF TAXES DUE TIlEREON;
CONTAINING A SEVERABILITY CLAUSE; REPEALING ALL ORDINANCES AND PARTS
THEREOF IN CONFLICT HEREWITII; AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the City Council has this date, by way of Ordinance duly passed, adopted
a Budget for operation of the City for fiscal year 1995; and,
WHEREAS, the aforesaid Ordinance anticipates and requires the levy of an ad valorem
tax on tangible taxable property in the City of Wylie; and,
WHEREAS, it is necessary to levy such an ad valorem tax at a given rate to generate
revenues sufficient to meet projected expenses; and,
WHEREAS, the City has fully and timely complied with all notice and other requirements
relative to the adoption of a tax rate for fiscal year 1995; and,
WHEREAS, notice of the proposed tax rate, as well as the effective tax rate has been
published as required by law and the City has received no formal protest thereof;
NOW, TIlEREFORE, BE IT ORDAINED BY TIlE CITY COUNCIL OF mE WYLIE,
TEXAS, as follows:
SECTION I
There is hereby levied for the fiscal year 1995 upon all real property situated within the
corporate limits of said City of Wylie, Texas, and upon all personal property which was owned
within the corporate limits of said City of Wylie, Texas, on the first day of January, A.D., 1994,
except so much thereof as may be exempt by the Constitution of laws of the State of Texas, a
total tax of Sixty-three and one-half cents (0.6350), on each One Hundred ($100.00) Dollars of
assessed valuation on all of said property which said total tax herein so levied shall consist and
be comprised of the following components:
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a) An ad valorem tax of and at the rate of Fifty Two and Five Hundred Thirty Two
thousandths cents (0.52532) on each One Hundred Dollars ($100.00) of assessed valuation of said
taxable property is hereby levied for the general city purposes and to pay the current operating
expenses of said City of Wylie, Texas, for the fiscal year ending September, 30, 1995, which tax,
when collected shall be appropriated to and for the credit of the General Fund of said City of
Wylie, Texas.
b) An ad valorem tax of and at the rate of Ten and Nine Hundred Sixty-Eight thousandth
cents (0.10968) on each One Hundred ($100.00) of assessed valuation of said taxable property
is hereby levied for the purpose of creating an Interest and Sinking Fund with which to pay the
interest and retire the principal of the valid bonded indebtedness, capital lease payment, and
related fees of the City of Wylie, now outstanding and such tax when collected shall be
appropriated and deposited in and to the credit of the Interest and Sinking Fund of the said City
of Wylie, Texas for the fiscal year ending September 30, 1995.
SECTION III
The City of Wylie shall have a lien on all taxable property located in the City of Wylie
to secure the payment of taxes, penalty interest, and all costs of collection, assessed, and levied
hereby.
SECTION IV
Taxes are payable in Wylie, Texas at the Office of the Tax-Assessor Collector, Finance
Department, Municipal Complex. The City shall have available all the rights and remedies
provided by law for the enforcement of the collection of taxes levied under this ordinance.
SECTION V
That the tax roll presented to the City Council, together with any supplements thereto, be
and same are hereby accepted and approved.
SECTION VI
Should any paragraph, sentence, sub-division, clause, phrase or section of this ordinance be
adjudged or held to be unconstitutional, illegal or invalid the same shall not affect the validity
of this ordinance as a whole or any part or provision thereof, other than the part or parts as
declared to be invalid, illegal, or unconstitutional.
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SECTION VII
This ordinance shall be in full force and effect from and after its adoption by the City
Council and publication of its caption as the law and the City Charter provide in such cases.
SECTION VIII
That all other ordinances and code provisions in conflict herewith are hereby repealed to the
extent of any such conflict or inconsistency and all other provisions of the Wylie City Code not
in conflict herewith shall remain in full force and effect.
SECTION IX
The repeal of any ordinance, of parts thereof, by the enactment of this Ordinance, shall not
be construed as abandoning any action now pending under or by virtue of such ordinance; nor
shall it have the effect of discontinuing, abating, modifying or altering any penalty accruing or
to accrue, nor as effecting any rights of the municipality under any section or provisions of any
ordinances at the time of passage of this ordinance.
DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, this
13th day of September, 1994.
By
/PfYl
1im Swartz
V Mayor
0, :I~
Jt{;4
,
ATI'EST t/li~~I~
Mary Nich
City Secretary
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