OR 2009-1240 Levying taxes for year 2009
ORDINANCE NO. 2009-1240
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, LEVYING THE AD VALOREM
TAXES FOR THE YEAR 2009 AT A RATE OF .64146 PER ONE HUNDRED DOLLARS
($100) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE
CORPORATE LIMITS OF THE CITY AS OF JANUARY 1, 2009; TO PROVIDE AN
INTEREST AND SINKING FUND ON ALL OUTSTANDING DEBTS OF THE CITY;
PROVIDING FOR DUE AND DELINQUENT DATES TOGETHER WITH PENALTIES
AND INTEREST; AND DECLARING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS:
SECTION 1.
That there be and is hereby levied for the year 2009 on all taxable property, real, personal and
mixed, situated within the limits of the City of Coppell, Texas, and not exempt by the Constitution of the State and
valid State laws, a tax of .64146 on each One Hundred Dollars ($100) assessed value of taxable property, and shall be
apportioned and distributed as follows:
PURPOSE
a) For the of defraying the current expenses of the municipal government of the City, a tax
of $.49577 on each One Hundred Dollars ($100) assessed value of all taxable property.
PURPOSE
b) For the of creating a sinking fund to pay the interest and principal on all outstanding
bonds of the City, not otherwise provided for, a tax of $.14569 on each One Hundred Dollars ($100) assessed value of
all taxable property, within the City which shall be applied to the payment of such interest and maturities of all
outstanding bonds.
SECTION 2.
That all ad valorem taxes shall become due and payable on October 1, 2009 and all ad
valorem taxes for the year shall become delinquent after January 31, 2010. There shall be no discount for payment of
taxes prior to said January 31, 2010. A delinquent tax shall incur all penalty and interest authorized by law (Section
33.01, et seq., Texas Property Tax Code), to wit: a penalty of six percent of the amount of the tax for the first
calendar month it is delinquent plus one percent for each additional month or portion of a month the tax remains
unpaid prior to July 1 of the year in which it becomes delinquent.
Provided, however, a tax delinquent on July 1, incurs a total penalty of twelve percent of the amount of the
delinquent tax without regard to the number of months the tax has been delinquent. A delinquent tax shall also accrue
interest at a rate of one per cent for each month or portion of a month the tax remains unpaid. An additional penalty on
delinquent personal property taxes for tax years 2009 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
60 day thereafter. Taxes that remain delinquent on July 1, 2010, incur an additional penalty not to exceed twenty
percent of the amount of taxes, penalty, and interest due; such additional penalty is to defray costs of collection due
to contract with the City's Attorney pursuant to Section 6.30 and Section 33.07 of the Property Tax Code, as
amended. Taxes for the year 2009 and taxes for all future years that remain delinquent on or after June 1 under
Texas Property Tax Code Sections 26.07(0, 26.15(e), 31.03, 31.031, 31.032 or 31.04 incur an additional penalty
in an amount not to exceed twenty percent (20 of taxes, penalty and interest due, pursuant to Texas Property
Tax code Section 6.30 and Section 33.08, as amended.
SECTION 3. Taxes are payable in Coppell, Texas, at the office of the Tax Assessor /Collector. The City
shall have available all rights and remedies provided by law for the enforcement of the collection of taxes levied
under this ordinance.
SECTION 4. That the tax rolls, as presented to the City Council together with any supplement thereto,
be, and the same are hereby approved.
SECTION 5. The fact that it is necessary that this ordinance be enacted in order to authorize the
collection of ad valorem taxes for the year 2009, this ordinance shall take effect from and after its passage as the
law in such cases provides.
DULY PASSED and adopted by the City Council of the City of Coppell, Texas, this the 8 day of
September 2009.
APPROVED 0 FORM:
CITY ATTORNEY
APPROVED:
JA E PETERS MAYOR
ATTEST:
BY BAL ,f Y SECRETARY