Loading...
1999-381 O INANCE NO / 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 m entitled to 15% of the delinquent taxes, penalty, and interest wluch 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 76th 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 m which they become delinquent shall incur an addmonal penalty not to exceed 15% of thc tax, penalty, and Interest in order to defray costs of collection, and WHEREAS, the C~ty Council deems ~t m the public interest to ~mpose th~s additional penalty on taxes that become delinquent, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS ~ That all 1998 taxes and taxes for all subsequent years which become dehn- quent on or after June 1 of the year in which they become dehnquent shall, m order to defray costs of collection, incur an addmonal penalty of 15% of the tax, penalty, and ~nterest ~ That th~s ordinance shall become effective ~mmed~ately upon its passage and approval P^SSED PROVEDth stbe / Sdayof , 999 JACK I~ER, MAYOR ATTEST JENNIFER WALTERS, CITY SECRETARY HERBERT L PROUTY, CITY ATTORNEY