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HomeMy WebLinkAboutORD 96-43 ORDINANCE NO. Rlr q,3 ENTITLED AN ORDINANCE ACCEPTING THE TAX ROLL FOR THE CITY OF BEAUMONT; ESTABLISHING A TAX RATE; PROVIDING FOR LEVYING, ASSESSING AND COLLECTING OF AD VALOREM TAXES FOR THE TAX YEAR 1996; PROVIDING FOR SEVERABILITY AND PROVIDING FOR REPEAL. WHEREAS, the Jefferson County Appraisal District has furnished to the City of Beaumont the certified tax roll for the City of Beaumont for the tax year 1996; and, WHEREAS, the net taxable assessed value of all property within the City has been determined by the Jefferson County Appraisal District as of July 16, 1996 to be $3,420,028,280.00; and, WHEREAS, the City Council finds that the tax roll submitted by the Jefferson County Appraisal District should be accepted and that a tax rate in the amount of $0.615 per each $100 of value for the tax year 1996 should be established based upon said roll; NOW THEREFORE, BE IT ORDAINED BY THE CITY OF BEAUMONT: Section 1. That the tax roll submitted to the City Council by the Jefferson County Appraisal District, a summary of which is attached as Exhibit "A", and showing the total net taxable assessed value of all property within the City to be $3,420,028,280.00 is hereby approved and accepted by the City of Beaumont. 1 Section 2. That there shall be and is hereby levied and shall be assessed and collected for the tax year 1996, for municipal purposes only, an ad valorem tax of $0.615 on each $100 worth of property located within the city limits of the City of Beaumont made taxable by law, which said taxes, when collected, shall be for the purposes hereinafter set forth as follows: General Fund - $0.35 For the purpose of paying the accruing interest and to provide a sinking fund for the payment of the entire bonded indebtedness of the City of Beaumont - $0.265 Section 3. 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 4. That all ordinances or parts of ordinances in conflict herewith are repealed to the extent of the conflict only.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 thej&�—day Of �l_�����,4 i 199 - Mayor - 2