1979-054 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 2, 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 wlthln 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 1979 tax year as allowed by Article 5 of H B 1060 (Article
7150 3},
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 (Article 7150 3,
Section l, V A T S ) shall not apply to the City of Denton, Texas Tax
Rolls for the 1979 tax year
SECTION II
That the City of Denton, Texas shall continue an ad valorem tax for
the 1979 tax year on all automobiles wlthln its corporate llmlts that a
family or Individual owns and does not hold or use for production of
income
SECTI, ON III
That due to the Importance of this legislation and the deadline for
passage imposed by the Act creates an emergency in the preservation of
the public health, safety and welfare, and it requires that th~s
ordinance shall take effect immediately from and after its passage, as
the law in such cases provide
the~<~ day of July, A D 979
PASSED AND APPROVED this -~ '-(~Y~' ~ 1
B'ILC NASH~ 'MAYOR
CITY OF DENTON, TEXAS
ATTEST
C~Y OF DENTON, TEXAS
APPROVED AS TO LEGAL FORM
BURT R S'OLOMONS, ACTING CITY
ATTORNEY, CITY OF DENTON, TEXAS