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1989-188NOTE 89-188 has bee repealed by Ordinance No 90-0,_, a copy of which is attached ORDINANCE NO 422--m.. AN ORDINANCE PROVIDING FOR THE TAXATION OF PROPERTY EXEMPT UNDER ARTICLE VIII, SECTION 1-j, TEXAS CONSTITUTION BEGINNING WITH THE 1990 TAX YEAR, AND DECLARING AN EFFECTIVE DATE WHEREAS, the City of Denton finds that the taxation of certain goods, wares, ores, and other tangible personal property that is forwarded out of this state within 175 days of its acquisition or importation into this state is in the public interest, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I All of that property described in the Texas Constitution, Article VIII, Sec 1-j, shall be fully taxable in the City of Denton beginning January 1, 1990 SECTION II That the Council hereby announces its intent that all of that property described in the Texas Constitution, Article VIII Section 1-7, shall be exempt from taxation beginning January 1, 1991 SECTION III That this ordinance shall become effective immediately upon its passage and approval /n1 PASSED AND APPROVED this the eday of Xl2!~irm LL , 1989 7 RAY S P ENS MAYOR ATTEST JENNIFER WALTERS, CITY SECRETARY BY -4twu'll'k APPROVED AS TO LEGAL FORM DEBRA ADAMI DRAYOVITCH, CITY ATTORNEY BY 4~~ ord\taximpos NO 9-L1 AN ORDINANCE REPEALING ORDINANCE NO 89-188, TO PROVIDE FOR RESCISSION OF THE TAXATION OF PROPERTY OTHERWISE EXEMPT UNDER ARTICLE VIII, SECTION 1-j, TEXAS CONSTITUTION, BEGINNING WITH THE 1991 TAX YEAR, AND DECLARING AN EFFECTIVE DATE WHEREAS, Ordinance No 89-188, provided for the taxation of property otherwise exempt under Article VIII, Section 1-j of the Texas Constitution, beginning with tax year 1990, and WHEREAS, in order to promote economic development within the City of Denton, the City Council believes it would be in the best interest to rescind the tax imposed by reason of Ordinance NO 89- 188 beginning with tax year 1991, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That Ordinance No 89-188 is repealed, so that in accordance with Article VIII, Section 1-j of the Texas Constitution, the property therein described and located in the City of Denton shall be exempt from taxation beginning January 1, 1991 SECTION II That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the 4 - day of January, 1990 RAY E HEN , MAYOR ATTEST. JENNIFER WALTERS, CITY SECRETARY BY APPROVED AS TO LEGAL FORM DEBRA ADAMI DRAYOVITCH, CITY ATTORNEY BYS~6&,M, 28A 1LW'y ord\8 744