01-13 - OTown of Prosper P e .H°,�
P.O. Box 307
Prosper, Texas 75078
(972) 347-2304 Metro (972) 346-2640 Fax (972) 347-2111
ORDINANCE NO. 01-13
AN ORDINANCE LEVYING AD VALOREM TAXES FOR USE AND SUPPORT OF THE MUNICIPAL
GOVERNMENT OF THE TOWN OF PROSPER FOR THE 2001-2002 FISCAL YEAR; PROVIDING FOR
APPROPRIATING EACH LEVY FOR SPECIFIC PURPOSES; AND, PROVIDING WHEN TAXES SHALL
BECOME DUE AND WHEN SAME SHALL BECOME DELINQUENT IF NOT PAID.
BE IT ORDAINED BY THE CITY COUNCIL OF THE TOWN OF PROSPER:
SECTION 1. That there is hereby levied and there shall be collected for the use and support
of the municipal government of the Town of Prosper, and to provide an Interest and Sinking fund
for the 2001-2002 fiscal year, upon all property, real, personal and mixed, within the corporate
limits of said Town subject to taxation, a tax of $.36 on each $100.00 valuation of property, said
tax being so levied and apportioned to the specific purposes here set forth:
1. For the maintenance and support of the general government (General Fund),
226001 on each $100.00 valuation of property; and
2. For the interest and sinking fund, $.133999 on each $100.00 valuation of property.
SECTION 2. That taxes levied under this ordinance shall be due October 1, 2001and if not
paid on or before January 1, 2002 shall immediately become delinquent.
SECTION 3. All taxes shall become a lien upon the property against which assessed, and the
town assessor and collector of the Town of Prosper is hereby authorized and empowered to
enforce the collection of such taxes according to the Constitution and laws of the State of Texas
and ordinances of the Town of Prosper shall, by virtue of the tax rolls, fix and establish a lien by
levying upon such property, whether real or personal, for the payment of said taxes, penalty and
interest, and, the interest and penalty collected from such delinquent taxes shall be apportioned
to the general fund of the Town of Prosper. Al delinquent taxes shall bear interest from date of
delinquency at the rate as prescribed by state law.
SECTION 4. That this ordinance shall take effect and be in force from and after its passage.
PASSED this 25th day of September, 2001, at a regular meeting of the City Council of the Town of
Prosper, there being a quorum present, by -a-yeas and 0 nays, and approved by the Mayor on
the date above set out.
`.,
Ago
Pi
ow
APPROVED:
ames Dunmire, Mayor
CJl
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t!J
G.W
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Fla
05023 01806
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CRY o4 Prosper
P.O. Box 307
Prosper, TX 75070�
ANY PROVISION HERF,IN Vh!rN !i�$jFil�i� JffE 5A�Fe, aEN S0USA OF THE
DcSCRCID PrAL PR^PERT! EECF.US� OF COLOR OR RAC I INVALID AND
UNENFORCEABLE UNDLA FEDERAL LAW
(THE STAT E OF TEXAS) (COUNTY OF COLLIN)
I hereby cedity that this Instrument was FILED in the File Number Sequence on the date
and the time stamped hr.on by me; and was duly RECORDED, in the Official Public
Records of Real Property of Collin County, Texas on
OCT 12 Z001
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�c�mE,N�
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Filed for Record in:
Collin County, McKinney TX
Honorable Helen Starnes
Collin.Cou»ty Clerk
On,.,`"b 12-2001
Aoc/Num _._;LA01- 0012,9932
Recor6in JT) a:Ott li.f
Receipt ,33763
s. ,