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RE 06-22-82 RESOLUTION OF THE CITY OF COPPELL RESOLUTION NO. 062282 WHEREAS, the City Council desires to exempt from ad valorem taxes, $48,000 of the assessed value of resident homesteads of persons 65 years of age or older, as provided by the Constitutional Amendment adopted by the voters of the State of Texas; and, WHEREAS, the City Council desires to exempt from ad valorem taxes, $10,000 of the assessed value of resident homesteads of persons qualified under the Social Security Disability Act; and WHEREAS, the City Council desires to exempt from ad valorem taxes, up to $2,500 of the assessed value of resident homesteads of persons qualified under the Veterans Administration Disability Act; now, therefore BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL: SECTION 1. That Forty-Eight Thousand Dollars ($48,000.00) of the assessed value of resident homesteads of persons sixty-five (65) years of age or older, Ten Thousand Dollars ($10,000.00) of the assessed value of resident homesteads of persons qualified under the Social Security Disability Act, and up to Two Thousand Five Hundred Dollars ($2,500) of the assessed value of resident homesteads of persons qualified under the Veterans Admini- stration Act, shall be exempt from City of Coppell ad valorem taxes when taxes are levied for the year 1982, and all subsequent levies, upon the owner"s compliance with the following requirements: (a) That, if requesting exemption because of age, the owner of the resident homestead, or one of the spouses if the resident homestead is owned by a married couple, shall be sixty-five (65) years of age or older as of January 1, of each tax year, beginning with 1982. (b) That, if requesting exemption under the Social Security Disability Act, the owner of the resident homestead, or one of the spouses if the resident homestead is owned by a married couple, shall be qualified under the Social Security Disability Act as of January l, of each tax year, beginning with 1982. (c) That, if requesting exemption under the Veterans Administration Disability Act, the owner of the resident homestead, or one of the spouses if the resident homestead is owned by a married couple, shall be qualified under the Veterans Administration Disability Act as of January 1, of each tax year, beginning with 1982. (d) The owner of a resident homestead shall submit to the Assessor and Collector of Taxes for the City, before April 1st of each year, an affidavit that the owner or one of the spouses if the resident homestead is owned by a married couple, is, sixty-five (65) years of age or older, or qualified under the Social Security Disability Act or the Veterans Ad- ministration Disability Act. The initial exemption claim for over sixty- five (65) shall be accompanied by adequate proof of such age, but subsequent renewals of the exemption may be by affidavit only. SECTION 2. That any person who makes a false affidavit in claiming the homestead exemption shall be subject to all penalties which exist for the lack of payments of taxes, and all other appropriate criminal penal ties. SECTION 3. That this resolution shall take effect immediately from and after its passage in accordance with the provisions of the laws of the State of Texas, and it }s accordingly so resolved. ~ d~r6w~'APPROVED: ,~'--~ ,,, Dorothy Timmon~ City Se~/retary APPROVED AS TO FORM: Lawrence W. Jackson, City Attorney