1981-082AN ORDINANCE OF THE CITY OF DENTON, TEXAS, PROVIDING FOR THE
CONTINUANCE OF AD VALOREM TAXATION ON ALL AUTOMOBILES THAT A
FAMILY OR INDIVIDUAL OWNS AND DOES NOT HOLD OR USF FOR
PRODUCTION OF INCOME, AND PROVIDING AN EFFECTIVF DATE
WHEREAS, the Texas Legislature has passed H B 1060 which
includes the comprehensive implementation of the 1078 "Tax
Relief Amendment" approved by the Texas voters in November of
!
1978, and
WHEREAS, the pr(visions of Article ~ of H B 1060 permit
the governing body o! a taxing unit to continue the ad valorem
taxation of all auto lobxles, as defined by Section 2, Unxform
Act Regulating Trafflc on Highways, as amended [Artzcle 6701d,
V A T S ), that a family or IndivIdual owns and does not hold
or use for production of income, and
WHEREAS, the City of Denton, Texas presently taxes all such
automobiles within its corporate lxmxts, and
WHEREAS, the City Council of the City of Denton, Texas,
after careful consideration of the matter has determined that
the City of Denton should continue to carry all such
automobiles on its tax rolls for the 1081 tax year as allowed
by Article S of H B 1060 (Section 25, Property Tax Code
V A T S ), NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
SECTION I
That the exemption from ad valorem taxation on all
automobiles that a family or ~ndlwdual owns and Joes not bola
or use for production of income provided for under ^rtlcle 5 of
H B 1060 (Section 25, Property Tax Code, V A T S ] shall not
apply to the City of Denton, Texas Tax Rolls for the 1081 tax
year
SECTION II
That the City of Denton, Texas shall continue an ad valorem
tax for the 1981 tax year on all automobiles w~th~n ~ts
corporate l~m~ts that a famly or lnd~wdual owns and does not
hold or use for production of ~ncome
SECTION III
That due to the mportance of th~s legislation and the
deadline for passage ~mposed by the Act creates an emergency
the preservation of the public health, safety and welfare, and
~t reqmres that this ordinance shall take effect ~mmed~ately
from and after ~ts passage, as the law ~n such cases prowde!
PASSED AND APPROVED th~s the /K~._ day of
1981 ~~ -
~I0~{ARD Of STEWART, MAYOR
CITY OF D~NTON, TEXAS
ATTEST
''ARY
~ CITY SE RFT
CITY OF DENTON, TEXAS
APPROVED AS TO LEGAL FORM
C J TAYLOR, JR , CITY ATTORNEY
CITY OF DENTON, T~XAS