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HomeMy WebLinkAboutOrdinance No. 622 c Ty oF T.E ¢o .oNy, ?EXAS AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS TAKING OFFICIAL ACTION TO TAX TANGIBLE PERSONAL PROPERTY OTHERWISE EXEMPT PURSUANT TO ARTICLE VIII, SECTIONS 1-j OF THE TEXAS CONSTITUTION AND OVERRIDING CONSTITUTIONAL AMENDMENT NO. 5, WHICH AMENDMENT ADDED SECTION 1-j TO ARTICLE VIII OF THE TEXAS CONSTITUTION; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE WHEREAS, Constitutional Amendment No. 5 (the "Amendment") was approved by the voters of Texas on November 7, 1989, which Amendment exempts from taxation defined personal property which is temporarily within the State; and WHEREAS, this exemption could result in a loss of substantial tax revenue to the City of The Colony, a Home-Rule City; and WHEREAS, the Amendment authorizes municipalities, including Home Rule municipalities such as the City of The Colony, to adopt an ordinance which overrides the exemption and permits the City to tax property that is temporarily within the City; and WHEREAS, by the adoption of this Ordinance, the City hereby takes official action to tax the tangible personal property that is otherwise exempt pursuant to Article VIII, Section l-j, of the Texas Constitution. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. The recitations contained in the preamble to this Ordinance are hereby adopted by the City Council and incorporated herein for all purposes. Section 2. For the purposes of this ordinance, the following shall apply: a) tangible personal property shall include aircraft and aircraft parts; and b) property imported to this State and City shall include property brought into this State and City; and 0342c/28 c) property f6rwar~ed outside this State and City shall include property transported outside this State and City or to be affixed to an aircraft to be transported outside this State and City; and d) property detained in this State and City for assembling, storing, manufacturing, processing or fabricating purposes shall include property, aircraft or aircraft parts brought into this State and City or acquired in this State and City and used by the person who acquired the property, aircraft or aircraft parts in or who brought the property, aircraft or aircraft parts into this State and City for the purpose of repair or maintenance of aircraft operated by a certificated air carrier. Section 3. In addition to all other personal and real property that is taxable by the City, the City hereby takes official action to tax the following tangible personal property, to wit: goods, wares, merchandise and all other tangible personal property and ores. Section 4. The property identified in Section 3 of this ordinance shall be taxable for the tax year 1989. Section 5. The tax as established by this ordinance shall be levied against the property described in Section 3 of this ordinance for each and every tax year from and after the passage and adoption of this ordinance. Section 6. If any section, article, paragraph, sentence, clause, phrase or word in this ordinance, or application thereto any person or circumstances is held invalid or unconstitutional by a Court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this ordinance; and the City Council hereby declares it would have passed such remaining portions of the ordinance despite such invalidity, which remaining portions shall remain in full force and effect. Section 7. This ordinance shall be in full force and effect from and after its passage, and it is accordingly so ordained. PASSED AND APPROVED B~ THE CITY COUNCI~ OF THE CITY OF THE COLONY, TEXAS, this / ~ day of x~ ~.. , 1989. m or, City of The Colony, Texas -2- 0342c/29 ATTEST: City Secretary, City of The Colony, Texas [SEAL] APPROVED AS TO FORM: City Attorney, City of The Colony, Texas -3- 0342c/30