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HomeMy WebLinkAbout1999-381ORDINANCE NO W-JOI AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS AUTHORIZING ADDITIONAL PENALTY ON DELINQUENT TAXES UNDER SECTION 33 08, TAX CODE, AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City of Denton, Texas has contracted with private legal counsel to en- force collection of delinquent property taxes pursuant to Section 6 30, Texas Tax Code, and WHEREAS, such private legal counsel is entitled to 15% of the delinquent taxes, penalty, and interest which are collected and subject to the contract, and the City of Denton, Texas has previously imposed the additional penalty for collection costs under Section 33 07, Texas Tax Code, and WHEREAS, the 76`h Legislature amended Section 33 08 of the Texas Tax Code to authorize the City of Denton, Texas to further provide that taxes that become delinquent on or after June 1 of the year in which they become delinquent shall incur an additional penalty not to exceed 15% of the tax, penalty, and interest in order to defray costs of collection, and WHEREAS, the City Council deems it in the public interest to impose this additional penalty on taxes that become delinquent, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION 1 That all 1998 taxes and taxes for all subsequent years which become delin- quent on or after June 1 of the year in which they become delinquent shall, in order to defray costs of collection, incur an additional penalty of 15% of the tax, penalty, and interest SECTION 2 That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the ! y ` day of , 1999 JACK IL ER, MAYOR ATTEST JENNI ER WALTERS, CITY SECRETARY BY AP VED S TO LEGAL FORM HERBE�R/T L PROUTYY,, �CIITT,Y ATTORNEY BY F \Shared\deptLLQLWw Docten nu\Ordinances094a penalty doe