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HomeMy WebLinkAboutOrdinance No. 119ORDINANCE NO. AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS, PROVIDING HOMESTEAD EXEMPTIONS FOR DISABLED PERSONS OR PERSONS SIXTY-FIVE (65) YEARS OF AGE OR OLDER.; PROVIDING FOR THE FILING OF AFFIDVITS; AND PROVIDING AN EFFECTIVE DATE. Whereas, Section 11.13 of the Property Tax Code permits the City to exempt not less than $3000 of the assessed value of residence homesteads of married or unmarried persons sixty-five (65) years of age or older or disabled person from all ad valorem taxes; and Whereas, the City Council of the City of The Colony .desires to exempt from all ad valorem taxes $10,000 of the assessed value of said homesteads, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: SECTION 1. That pursuant to Section 11.13 of the Property Tax Code of the State of Texas, $10,000 of the assessed value of any residence homestead of any married or unmarried adult male or female person, including those living alone, who is sixty-five (65) years of age or older, shall be exempt from all City ad valorem taxes for the tax year 1.980, and all subsequent levies, upon the owner's compliance with the following requirements: (a) The owner of the residence homestead, or one of the spouses residing thereat, if the residence homestead is owned by a married. ied. couple, shall. have attained the age of sixty-five (65) years or older as of January 1, of each tax year, beginning with 1980. (b) The owner of the residence homestead claiming exemption set out herein shall submit to the Assessor and Collector of taxes for the City an affidavit that the owner or one of the spouses, if the residence homestead is owned by a married couple, is sixty-five (65) years of age or older and was as of January 1 of the tax year. The initial exemption claim shall be accomplished by adequate proof of such age, but subsequent renewals of the exemption may be by affidavit only. or % 1rr . SECTION 3. That $10,000 of the assessed value of any residence homestead of any "disabled" person, as that term is defined in Section 11.13(m) (1) of the Texas Property Tax Code, shall be exempt from all City ad valorem taxes for the tax year 1980, and all subsequent levies, upon such person furnishing the Assessor. and Collector of taxes written evidence of disability as determined by the Social Security Administration. SECTION 3. Any person who makes a false affidavit in claiming the homestead exemption declared herein shall be subject to all penalties which exist for the lack of payment of taxes, and such exemption shall be cancelled and withdrawn for the tax year claimed, and all other appropriate criminal penalties shall be applicable. SECTION 4. This ordinance shall take effect immediately from and after its pasage on second and final reading and the publication of the caption as the law and charter in such cases provide. DULY PASSED ON FIRST READING BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, ON THE DAY OF 1980. FINALLY PASSED ON SECOND READING ON THE Cp DAY OF 1980. APPROVED: A TTFCT. APPROVED AS TO LEGALITY /01 THE FORM: uvg,-,�Y- CITY ATTORNEY