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HomeMy WebLinkAboutR2006-007SAOur Documents\Resolulions\06\Personul Property.doe RESOLUTION NO. ~ &9 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS, ADOPTING SECTION 33.11 OF THE TEXAS PROPERTY TAX CODE PROVIDING FOR IMPOSING AN EARLY COLLECTION COSTS PENALTY FOR TAXES IMPOSED ON PERSONAL PROPERTY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, authority has been granted to taxing units of the State of Texas to seek collection of delinquent personal property taxes prior to July 1 of the year in which the tax becomes delinquent, and to defray costs of such collection by imposition of a penalty under Section 33.11, Texas Property Tax Code, effective September 1, 2005; and WHEREAS, the City of Denton, Texas, is a duly authorized taxing unit of the State of Texas; and WHEREAS, the City of Denton has contracted with an attorney under Section 6.30, Texas Property Tax Code, under which contract personal property taxes became subject to collections by said attorney before July 1 of the year in which the taxes become delinquent; and WHEREAS, the City of Denton seeks to implement the provisions of Section 33.11, Texas Property Tax Code, and provide for a penalty under the terms specified in said statute as an alternative to the authority given by Section 33.07 with regard to personal property taxes; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The findings and recitations contained in the preamble of this resolution are true and correct and are incorporated into the body of this resolution by reference. SECTION 2. The City of Denton, Texas hereby implements the provisions of Section 33.11, Texas Property Tax Code, to provide for a penalty under the terms specified in said statute as an alternative to the authority given by Section 33.07 with regard to the collection of personal property taxes. Such penalty shall be in an amount of the compensation specified in the contract with the attorney to be paid in connection with the collection of the delinquent taxes. SECTION 3. This Resolution shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the day of 2006. EULINE BROCK, MAYOR