TDD R001 Page 1 of 2
RESOLUTION NO. 001
A RESOLUTION OF THE KENNEDALE TOWNCENTER
DEVELOPMENT DISTRICT OF THE CITY OF KENNEDALE, TEXAS,
DIRECTING THE IMPOSITION OF A MAINTENANCE ASSESSMENT
AND COLLECTION THEREOF FOR PROPERTIES LOCATED WITHIN
THE KENNEDALE RETAIL CENTER, KENNEDALE, TEXAS.
WHEREAS, a Petition was received from the Kennedale Economic Development
Corporation requesting the Kennedale TownCenter Development District (TDD) to finance
improvements/impose a maintenance assessment of properties located in the Kennedale Retail
Center, Kennedale, Texas; and
WHEREAS, the TDD desires to consider an assessment of $2.840677 per $100, in
accordance with the requirements of House Bill No. 1300, Chapter 3866.152 to impose an ad
valorem tax, assessment, or impact fee and use the proceeds of the tax, assessment, or impact fee
for: (1) any district purpose, including the payment of debt or other contractual obligations; or
the payment of maintenance and operating expenses.
WHEREAS, all statutory and constitutional requirements concerning the maintenance
assessment have been completed.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE KENNEDALE
TOWNCENTER DEVELOPMENT DISTRICT OF THE CITY OF KENNEDALE,
TEXAS:
Section 1. For the current expense of the TDD and for the general improve ments to
the property, there is hereby levied and ordered to assess and collect for the fiscal year beginning
October 1, 2009 and ending September 30, 2010, and for each fiscal year thereafter until it be
otherwise provided and ordained, on all property situated within the TDD, and not exempt from
taxation by valid laws, an assessment rate of $2.840677 on One Hundred ($100.00) Dollars
valuation of such property.
City of Kennedale $0.722500
Kennedale ISD $1.488610
Tarrant County $0.264000
Tarrant Hospital $0.227897
Tarrant College $0.137670
Total Assessment $2.840677
Section 2. That the assessment herein is levied according to law and shall be due
and payable on October 1, 2009, and the same shall become delinquent on February 1, 2010.
Should any property owner fail to make payment before the date of delinquency, the penalty as
provided by law shall be assessed until the unpaid assessment has been satisfied.
Section 3. Pursuant to the authority granted by Section 33.07 of the Texas Tax
Code, in the event that the 2009 assessment becomes delinquent on or after February 1, but not
later than May 1 of the year in which they become delinquent, and in the event such delinquent
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assessment is referred to an attorney for collection, an additional amount of twenty percent (20%)
of the total amount of assessment, penalty and interest then due shall be added as collection costs
to be paid by the property owner, for all assessment delinquent on or after July 1, 2010.
Section 4. Pursuant to the authority granted by Section 33.08 of the Texas Tax
Code, the TDD further provides that all 2009 assessments that become delinquent on or after June
1 of the year in which they became delinquent shall, in order to defray the costs of collection,
incur an additional twenty percent (20%) of the delinquent assessment, penalty, and interest.
Section 5. In the event any section, sub-section of this Resolution shall be declared
or adjudged invalid or unconstitutional, such adjudication shall in no means affect any oth er
section, sub-section, but all the rest thereof shall be in full force and effect just as through the
section, sub-section, sentence so declared or adjudged invalid or unconstitutional was not original
part thereof.
Section 6. This Resolution shall become effective immediately upon its passage and
approval of the TDD of the City of Kennedale, Texas on this the 26 th day of January 2010, at
which meeting a quorum was present and the meeting was held in accordance with the provisions
of Texas Government Code §551.001, et seq.
PASSED AND APPROVED BY THE KENNEDALE TOWNCENTER
DEVELOPMENT DISTRICT (TDD) OF THE CITY OF KENNEDALE ON THE 26TH
DAY OF JANUARY 2010.
Chairman, Robert Mundy
ATTEST:
Kathy Turner, City Secretary