TDD R002RESOLUTION NO. 002
A RESOLUTION OF THE KENNEDALE MUNICIPAL MANAGEMENT
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 Municipal Management District (MDD) 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 MUNICIPAL
MANAGEMENT DISTRICT OF THE CITY OF KENNEDALE, TEXAS:
Section 1. For the current expense of the MDD and for the general improvements to the
property, there is hereby levied and ordered to assess and collect for the fiscal year beginning October 1,
2010 and ending September 30, 2011, and for each fiscal year thereafter until it be otherwise provided
and ordained, on all property situated within the MDD, 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, 2010, and the same shall become delinquent on February 1, 2011. Sh ould 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 C ode, 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 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, 2011.
Section 4. Pursuant to the authority granted by Section 33.08 of the Texas Tax Code, the
TDD further provides that all 2010 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 ot her 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 day of October 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 MUNICIPAL MANAGEMENT
DISTRICT (MDD) OF THE CITY OF KENNEDALE ON THE DAY OF OCTOBER 2010.
Chairman, Robert Mundy
ATTEST:
Kathy Turner, City Secretary