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OR 2006-1120 Delinquent Property Taxes PenaltyORDINANCE ~'//~ AN ORDINANCE OF THE CITY OF COPPELL, TEXAS AMENDING ORDINANCE NO. 2005-1109 BY AMENDING SECTION 2 TO PROVIDE FOR AN ADDITIONAL PENALTY ON DELINQUENT PERSONAL PROPERTY TAXES FOR TAX YEARS 2005 AND SUBSEQUENT YEARS AS PROVIDED BY SECTION 33.11 OF THE TEXAS PROPERTY TAX CODE IF TAX BECOMES DELINQUENT ON FEBRUARY 1 OF A YEAR AND REMAINS DELINQUENT ON THE 60TM DAY THEREAFTER; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS THAT: SECTION 1. That Ordinance No. 2005-1109, adopted by the City Council on or about September 13, 2005, be, and the same is, hereby amended by amending Section 2 to provide for an additional penalty on delinquent personal property taxes for tax years 2005 and subsequent years as provided by Section 33.11 of the TEXAS PROPERTY TAX CODE, if tax becomes delinquent on February 1 and remains delinquent on the 60th day thereafter, which shall read as follows: "ORDINANCE NO. 2005-1109 SECTION 2 ...... An additional penalty on delinquent personal property taxes for tax years 2005 and subsequent years is hereby authorized and imposed, as provided by Section 33.11, TEXAS PROPERTY TAX CODE, in the amount of 20% of the delinquent tax, penalty and interest if tax becomes delinquent on February 1 of a year and remains delinquent on the 60th day thereafter. SECTION 2. This Ordinance shall become effective from and after its passage as the law and Charter in such cases provide. DULY PASSED by the City Council of the City of Coppell, Texas, on the~'~l~ffay of , 2006. D(~'L~GLAStN. STOVER, MAYOR Page 1 63099 ROBERT HAGERffTY ATTORNEY (REHJcdb 01/1 g~06) ATTEST: Page 2 63099