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HomeMy WebLinkAbout1979-048NO 19 ' UP AN ORDINANCE OF THE CITY OF DENTON, TEXAS, PROVIDING FOR THE PROVI- SIONS OF ARTICLE 1 OF H B 1060 RELATING TO TAXATION OF AGRICULTURAL LAND AND PROVIDING AN EFFECTIVE DATE WHEREAS, the Texas Legislature has passed H B 1060 which includes the comprehensive implementation of the 1978 "Tax Relief Amendment" approved by Texas voters in November of 1978, and WHEREAS, the provisions of Article 1 of H B 1060 relating to the taxation of agriculture land are automatically effective for the 1979 tax year unless the governing body takes affirmative action by June 15, 1979 to waive their applicability until the 1980 tax year; and WHEREAS, the City Council of the City of Denton, Texas, after careful consideration of the matter has determined that the provi- sions of Article 1 of H B 1060 should be waived and postponed until the 1980 tax year as allowed by the Act, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS, HEREBY ORDAINS SECTION I The provisions of Article 1 of H B 1060 relating to the taxation of agriculture land on the basis of its productivity rather than market value shall not apply to the 1979 tax year for the City of Denton, but rather be postponed until the 1980 tax year SECTION II That due to the importance of this legislation and the deadline for passage imposed by the Act creates an urgency and an emergency in the preservation of the public health, safety and welfare, and it requires that this ordinance shall take effect immediately from and after its passage, as the law in such cases provides PASSED AND APPROVED this the ,'day of J , D 1979 B NAMAYOR ATTE P-A CITY OF DENTON, TEXAS -BRDOKS OL , CITY SECRETARY APPROVED AS TO LEGAL FORM BURT R SOLOMONS, ACTING CITY ATTORNEY,