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HomeMy WebLinkAboutORD 81-61 ORDINANCE NO. <,31— 6 ENTITLED AN ORDINANCE AMENDING CHAPTER 25, SECTION 25-20(a) AND 25-20(c) OF THE CODE OF ORDINANCES TO INCREASE THE HOMESTEAD EXEMPTION FOR PERSONS OVER SIXTY-FIVE YEARS OF AGE AND TO INCREASE THE HOMESTEAD EXEMPTION FOR THE DISABLED; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR REPEAL. BE IT ORDAINED BY THE CITY OF BEAUMONT: Section 1 . THAT Chapter 25, Section 25-20(a) and 25-20(c) of the Code of Ordinances of the City of Beaumont be, and the same are hereby amended to read as follows : Section 25-20 ( a) From and after January 1, 1981, seventeen thousand five hundred dollars ($17,500) of the assessed taxable value of all residence homesteads of married or unmarried adults, male or female, including those living alone, who are age sixty-five ( 65) or over, shall be exempt from all taxation for all city purposes; provided, however, that where the ad valorem tax has heretofore been pledged for a payment of any debt, the taxing officers of the city shall have the authority to continue to levy and collect the tax against the homestead property at the same rate as the tax so pledged until the debt is discharged if the cessation of the levy would impair the obligation of the contract by which the debt was created . Section 25-20 (c) From and after January 1, 1981, seventeen thousand five hundred dollars ($17,500. 00) of the market value of the residence homestead of any person who is disabled shall be exempt from all taxation for city purposes. Section 2 . That if any section, subsection, sentence, clause or phrase of this ordinance, or the application of same to a particular set of persons or circumstances, should for any reason be held to be invalid , such invalidity shall not affect the remaining portions of this ordinance, and to such end the various portions and provisions of this ordinance are declared to be severable. Section 3 . All ordinances or parts of ordinances in conflict herewith are repealed to the extent of the conflict only. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of , 19�. Mayor - 2 _