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Ordinance 1996-31 ORDINANCE NO. �� "�l AN URDINANCE 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, 1997, AND FOR THE FURTHER PURPOSE OF GREATING A SINKING FUND TO RETIRE THE PRINCIPAL AND INTEREST OF THE BONDED INDEBTEDNESS OF SAID CITY; PROVIDING FOR A LIEN ON ALL REAI� AND PERSONAL PROPERTY TO SECURE PAYMENT OF TAXES DUE THEftEON; CONTAINING A SEVERABILITY CLAUSE; REPEALING ALL ORDINANCES AND PARTS THEREOF IN CONFLICT HEREWITH; AND PROVIDING FOR AN EFFE:CTIVE 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 1997; 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 1997; 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 WYLIE, TEXAS, as follows: SECTION I There is hereby levied for the fiscal year 1997 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., 1996, except so much thereof as may be exempt by the Constitution of laws of the State of Texas, a total tax of Sixty-six and one-half cents (0.6650), on each One Hundred ($10i�.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: 1 a) An ad valorem tax of and at the rate of Fifty Two and Three Hundred Nineteen One �housandths cents (0.52319) 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 SeptE�mber, 30, 1997 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 Fourteen and One Hundred Eighty-One thous�andth cents (0.14181) on each One Hundred ($100.00) of assessed valuation of said taxa��le 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, capit.�l lease payment, and related fees of the City of Wylie, now outstanding and such tax wheri 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, 1997. 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 McKinney, Texas at the Office of the Tax-Assessor Collector of Cc�llin 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 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 ordiriance 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 �>art or parts as declared to be invalid, illegal, or unconstitutional. 2 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 case:�. 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 Tf�e repeal of any ordinance, of parts thereof, by the enactment of this Ordinance, shall not �e construed as abandoning any action now pending under or by virtue of such ordin�nce; 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. DI�LY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, this 24th day of September, 1996. ; / / %`' � B � ����, , `�, ���� v ' Jim Swartz ;' � �� Mayor �_ ATTE=ST. � Susan Shuler �.�ity Secretary �, _ o `. � � �` ,, ����� � �, •. .�:.'idasi: : _i:;:... ,..:.:: 3 � ��ti . � _ _ _�.. ��-�n ` ��� �� �W� P.O. Box 369 �V.ylic, Texas 7509a STATE �F TEXAS COUNT'Y OF COLLIN Before me, the undersigned authority, on this day personally appeared Chad Engbrock, of THE WYLIE NEW5, a r�ewspaper regularly puUlished in Coliin County, Texas and having general circulation in Collin County, Te:xas, who being by me duly sworn deposed and says that the forgoing attached clry o� w ��� T� - c�n ,��^a�^�o Nr, 91-30 % Uh.cCi.nance Na. 9G-31; UncGi.nav�ce N�. 9G-32 �ctabvc 2 , 1996 and ,1996. C a ngbrock ri ed and sworn to before me this the da of � � ,1996 Subsc b Y to certify which wifiess my hand and seal of office. � ..-�''"'�'�-� �K . � .r' "'�* M ARGAR p ,'¢;'�e N°tary ,� exas ; �T --. � te ot ii j ��. g � � 24.97 # `; ►� f � ?�,i . Margaret Cook Notary Public in and for The State of Texas My Commission Expires 9-24-97 Serving Wideawake Wylie Since 1947 Wed�sday, October 2,1996 -1`HE WYLIE NEWS - Section B- Page 9 CITY OF WYLTE, TEXAS ORDINANCE NO. 9�31 AN ORDINANCE FIXING THE TAX RATE AND LEVY IN AND FOR THE CITY OF WYLIE, TEXAS UPON ALL TA3CABLE PROPERTY IN SAID CITY OF WYLIE, TEXAS, FOR THE PUR- POSE OF PAYING THE CUR- RENT EXPENSES OF SAID CTfY OF THE FISCAL YEAR ENDING SEPIFI4IBER 3U, 19I7, AND FOR THE FURTHER PURPOSE OF CREATING A SINKING FUND TO RETIRE THE PRINCIPAL �°►ND IN'IEREST OF THE BOND- ED INDEBTEDNESS OF SAID CITY; PROVIDING FOR A LIEN ON ALL REAL AND pF,RSONAL PROPERTY TO SECURE PAY- MENT OF TAXES DUE THERE_ ON; CONTAINING A SEVER- ABILTTY CLAUSE; REPEALING ALL ORDINANCES AND PARTS THEREOF IN CONFLICT HEItE_ WITH; AND PROVIDING FOR AN EFFECTIVE DATE. Susan Shuler City Secretary City of Wylie 18-1t-339