1983-105 AN ORDINANCE LEVYING THE AD VALOREM TAX OF THE CITY OF DENTON,
TEXAS, FOR THE YEAR 1983, AT THE RATE OF $ 56 PER $100 00
ASSESSED EVALUATION ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE
LIMITS OF THE CITY ON JANUARY 1, 1983, NOT EXEMPT BY LAW,
PROVIDING REVENUES FOR PAYMENT OF CURRENT MUNICIPAL EXPENSES,
AND FOR INTEREST AND SINKING FUND ON OU£STANDING CITY OF D~NTON
BONDS, PROVIDING FOR LIMITED EXEMPTIONS OF CERTAIN HOMESTEADS,
PROVIDING FOR ENFORCEMENT OF COLLECTIONS, PROVIDING FOR A
SEVERABILITY CLAUSE, AND PROVIDING AN EFFECTIVE DATE
THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS
SECTION I
That by authority of the Charter of the City of Denton,
Texas, and the Laws of the State of Texas, there is hereby
levied for the year 1983, on all taxable property, situated
wlthln the corporate limits of the City of Denton on the f~rst
day of January, 1983, and not exempt by the Constitution and
Laws of the State of Texas or by Section 2 of this Ordinance, a
tax of $ 56 on each $100 00 assesseO value of all taxable
property which shall be apportioned and distributed as follows
(a) For the General Fund of the City of Denton, $ 3499
on each $100 00 of assessed value,
(b) For the purpose of creating a sinking fund to pay
the interest and principal on outstanding bonded
indebtedness on all outstanding C~ty of Denton
bonds, not otherwise provided for, $ 2101 on each
$100 00 of assessed value
SECTION II
That pursuant to Article VIII, Section 1-b of the Texas
Constitution, $5,000 00 of the assessed value of resident
homesteads, shall be exempt from City ad valorem taxes
SECTION III
That pursuant to Article VIII, Section 1-D of the Texas
Constitution, $16,000 00 of the assessed value of resident
homesteads of persons sixty-five (65) years of age or older,
shall be exempt from City ad valorem taxes
SECTION IV
That for enforcement of the collection of taxes hereby
levled, the C~ty of Denton shall have available all rlghts and
remedies provided by law
SECTION V
That ~f any section, subsection, paragraph, sentence,
clause, phrase or word an th~s ordinance, or appllcatlon thereof
to any person or circumstances ~s head ~nval~d by any court of
competent Jurisdiction, such holding shall not affect the
validity of the remalnlng portions of th~s ordinance, and the
C~ty Council of the C~ty of Denton, Texas, hereby declares
would have enacted such remaining portions despite any such
~nvalid~ty
SECTION VI
That this ordinance shall be effective upon its passage and
approval
PASSED AND APPROVED thls the 20th day of September, 1983
ATTEST
CHARL~)T~-ALKEN,-CITY SECRETARY
CITY OF DENTON, TEXAS
APPROVED AS TO LEGAL FORM
C J TAYLOR, JR , CITY ATTORNEY
CITY OF DENTON, TEXAS