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Ordinance 2001-39 ORDINANCE NO.r2<<2/- ~9 AN ORDINANCE FIXING THE TAX RATE AND LEVY IN AND FOR THE CITY OF WYLIE, TEXAS, UPON ALL TAXABLE PROPERTY IN SAID CITY OF WYLIE, TEXAS, FOR THE PURPOSE OF PAYING THE CURRENT EXPENSES OF SAID CITY OF THE FISCAL YEAR ENDING SEPTEMBER 30, 2002, AND FOR THE FURTHER PURPOSE OF CREATING A SINKING FUND TO RETIRE THE PRINCIPAL AND INTEREST OF THE BONDED INDEBTEDNESS OF SAID CITY; PROVIDING FOR A LIEN ON ALL REAL AND PERSONAL PROPERTY TO SECURE PAYMENT OF TAXES DUE THEREON; CONTAINING A SEVERABILITY CLAUSE; REPEAlJNG ALL ORDINANCES AND PARTS THEREOF IN CONFLICT HEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE. 'VHEREAS, the City Council has this date, by way of Ordinance duly passed, adopted a Budget of operation for the City for fiscal year 2002; 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 2002; 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 THEREFORE, BE IT ORDAINED by the City Council of the City of Wylie, Texas, as follows: Section 1. There is hereby levied for the fiscal year 2002 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. 2001, except so much thereof as may be exempt by the Constitution or laws of the State of Texas, a total tax of seventy-two cents (0.72) on each One Hundred Dollars ($100) of assessed valuation on all said property which said total tax herein so levied shall consist and be comprised of the following components: a) An ad valorem tax of and at the rate of Forty-Eight and Nine Hundred Thirty ten- thousandths cents (0.489030) on each One Hundred Dollars ($100) 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, 2002, 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 Twenty-Three and Nine Hundred Seventy ten- thousandth cents (0.230970) on each One Hundred Dollars ($100) 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 payments, 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 said City of Wylie, Texas, for the fiscal year ending September 30, 2002. Section 2. 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 and interest, and all costs of collection, assessed and levied hereby. Section 3. Taxes are payable in McKinney, Texas, at the Office of the Tax-Assessor Collector of Collin County. 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 4. That the tax roll presented to the City Council, together with any supplements thereto, be and same are hereby accepted and approved. Section 5. 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. Section 6. 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 7. 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 8. The repeal of any ordinance, or 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 affecting any rights of the municipality under any section or provision 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, on this the 11th day of September, 2001. I III N Ilallmd St. I'() Bill( .'(,9 Wylie. Texas 75119R l'I-IE WYLIE NEWS f:.;~-;;r.;g-Wyi~~A~r.y;;;di~;';;;;ii;;g;;;;;; STATE OIi' TEXAS COUNTY OF COLLIN (912) 442-55' 5 Fox (912) 442-4." R Before me, the under-slgned Ruthorlty, on this day personally appeared Chad Englu"ock, of THE WYLIE NEWS, a newspaper regularly published In Collin County; Thxas Rnd having general circulation In Collin CounfJ, Texas, who being by me duly sworn deposed and says that the foregoing aUached ~ J l .- Drd. :) 00 \ - :3C\ was published in said newspaper on the following dates, to-wit: 1lLp1-. ~~ , 2001, and ,2001. ~ Chad Engbrock Suhscl"lbed and sWo'"n to before me this the rt +h to cutlf)' which w.ltlless my hand and seal of office. day of Cfu'. O~ ~. Notary Public in and for The State of Texas , 200 r, aJ/ C3)X~J1 My Commission Expires rl1I-IE WYLIE NEWS Cnterl"~ Wllle, Sacllse, ftlurp"y allll tile luttou"dl"~ ate. 1111 N. lJallmtl St. f'.l). nox ~fi9 W}"Iir. Texn~ 750YR (912) 442-5515 Fox (912) 442-43 I R STATE OIi' TEXAS COUNTY Oli' COLLIN Uefo.e tile, the undersigned autlrtJ..lty~ 011 tll'S day personally appeared Chad E'lgbtock. of TilE WYLIE NEWS, n Jte\VSl'dper .-egularly tJUbUshed 'Ii.Collln Cuullty~ lexas .Uitf hlivlng general drculatloll In Collin Count"., 'JeXAS, n'ho being by tile dtrly 81VOfli tfel)osed nlld says thnt the totegohtg nttached 2-<-~ --A~ \n1S published III snld lIen'SIJRI)e" 011 tilt! tollo t2rR - #020 ul- .$1' IIg dates. to-wit: ~. ;1 (, , , 200", and .2001 ~ Cilad Eilgbrock Subscl'lbed nlld 8\"01'11 to beCote file tll'S tilt! M. to eel'flr" \"htch \"ltness Illy hDud Dud seal or ofnce. day of ({2d: ,2001 L..'-- ~'~, :-" Notary PubJJc 'II Dild fot" The Stute of 'texas 1\1y COlIllU'SS'OIl Expires .5J~) rY!- .