92-01 O - Adding 15% Delinquent Taxes after July 1st each year S
gown of P'ZOy/E'Z
P.O.//Box 297
Prosper, Texas 75078
214/347-2304
ORDINANCE # 92-01
ON THE 14th DAY OF APRIL , 1992 AT THE REGULARLY SCHEDULED MEETING
OF THE CITY COUNCIL OF THE CITY OF PROSPER, WITH A QUORUM BEING PRESENT,
AS REQUIRED BY LAW, AND PURSUANT TO THE AGENDA FOR SAID MEETING, CAME.TO
HEAR A MOTION PRESENTED BY BILL NISWANGER THAT EFFECTVIE JULY 1, OF
EACH YEAR AN ADDITIONAL PENALTY IN THE AMOUNT OF FIFTEEN PERCENT (15%) OF
THE SUM OF ALL TAXES, PENALTY AND INTEREST DUE ON EACH DELINQUENT TAX
ACCOUNT FOR THE CURRENT YEAR AND ALL SUBSEQUENT TAX YEARS BE ADDED TO SUCH
TAX ACCOUNT IN ORDER TO DEFRAY THE COST OF COLLINTION, AND UPON SUCH
MOTION BEING DULY SECONDED BY MIKE DALTON THE ORDINANCE WAS
UNANIMOUSLY ADOPTED BY THE CITY COUNCIL OF THE CITY OF PROSPER, TEXAS:
BE IT ORDERED THAT ON JULY 1, 1992 ALL TAX ACCOUNTS WHICH ARE DELINQUENT
FOR THE CURRENT YEAR AND FOR THE DELINQUENT TAXES OF ALL SUBSEQUENT YEARS
WILL INCUR ADDITIONAL PENALTIES IN THE AMOUNT OF FIFTEEN (15%) OF THE SUM
OF THE TAX, PENALTY AND INTEREST THEN DUE, AND TO BE DUE, IN ORDER TO HELP
DEFRAY THE COST OF COLLECTION OF THE SAME.
IT IS FURTHER ORDAINED THAT THE TAX COLLECTOR.= BY INTERLOCAL AGREEMENT,
SHALL DELIVER A MOTION OF DELINQUENCY AND OF THIS ADDITIONAL PENALTY TO
THE PROPERTY OWNER OF EACH TAX ACCOUNT, AT LEAST THIRTY (30) AND NOT MORE
THAN SIXTY (60) DAYS BEFORE JULY 1, 1992 AND EACH SUBSEQUENT JULY 1st.
BE IT FURTHER ORDAINED THAT THE CITY COUNCIL OF THE CITY OF PROSPER, TEXAS
HAS MET THE PROVISION OF SECTION 6.30 OF THE PROPERTY TAX CODE, AND THAT
IT IS THE INTENTION OF THIS COUNCIL TO COMPLY IN ALL RESPECTS WITH SECTION
33.07 OF SUCH PROPERTY TAX CODE.
SUCH ORDINANCE BEING UNANIMOUSLY APPROVED BY THE CITY COUNCIL OF THE CITY
OF PROSPER, TEXAS ON THIS THE 14th DAY OF APRIL , 1992.
GRAD SMOTHERMON, MAYOR
A REST:
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SHIRLEY J S ,-ZIT/-S 'TARY