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RE 03-13-73.1 03 , 3 73 . I RESOLUTION O~ THE CITY OF COPPELL WHEREAS, on November 7, 1972, the Constitution of the State of Texas was amended to allow cities to exempt $3,000.00 of the assessed value of the homestead of any person who is 65 years of age or older, from ad valorem taxes; and, WHEREAS, the City Council desires to exempt from ad valorem taxes, $3,000.00 of the assessed value of resident hOffie- steads of persons 65 years of age or older, as provided by the Constitutional Amendment adopted by the voters of the State of Texas; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL: SECTION 1. That pursuant to Article VIII, Section l-b, of the Texas Constitution, Three Thousand Dollars ($3,000.00) of the assessed value of resident homesteads of persons sixty-five (65) years of age or older, shall be exempt from City of Coppell ad valorem taxes when taxes are levied for the year 1973, and all subsequent levies, upon the owner's compliance with the following requirements: (a) 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 1973. (b) 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 on~of the spouses if the resident homestead is owned by a married couple, is sixty-five (65) years of age or older. The initial exemption claim 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 penalties. ,,~~;'I 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 is accord- ingly so resolved. APPROVED: ,/) t-:~/~ _. _"0"1. /," ",. ..~.? __ /- ~.-p/' ,~~",-" - ... '~V"'" ........"2..-.:::...,._...",. ..., L_,-""""'- .r.;~ MAYOR DULY ENROLLED: ~4 (-~ CITY SECRETARY APPROVED AS TO FORM: ) \,