1980-053NO 006-53
AN 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 USE FOR PRODUCTION OF
INCOME, AND PROVIDING AN EFFECTIVE DATE
WHEREAS, the Texas Legislature has passed H B 1060 which
includes the comprehensive implementation of the 1978 "Tax Relief
Amendment" approved by Texas voters in November of 1978, and
WHEREAS, the provisions of Article 5 of H B 1060 permit the
governing body of a taxing unit to continue the ad valorem taxation
of all automobiles, as defined by Section 7, Uniform Act Regulating
Traffic on Highways, as amended (Article 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 limits, 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 1980 tax year as allowed by Article 5 of H B 1060
(Section 25, Property Tax Code V A T S
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS,
HEREBY ORDAINS
SECTION I
That the exemption from ad valorem taxation on all automobiles
that a family or individual owns and does not hold or use for
production of income provided for under Article 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 1980 tax year
SECTION II
That the City of Denton, Texas shall continue an ad valorem tax
for the 1980 tax year on all automobiles within its corporate limits
that a family or individual owns and does not hold or use for
production of income
SECTION III
That due to the importance of this legislation and the
for passage imposed by the Act creates an emergency
preservation of the public health, safety and welfare,
requires that this ordinance shall take effect immediately
after its passage, as the law in such cases provide
PASSED AND APPROVED this the 0-A day of
1980 /
ATT
S HOLT, CITY SECRETARY
CITY OF DENTON, TEXAS
APPROVED AS TO LEGAL FORM
C J TAYLOR, JR , CITY ATTORNEY
CITY OF DENTON, TEXAS
BY
TEXAS
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