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O348 . OFFICIAL CITY SECRETARY'S COPY CITY OF KENNEDALE ORDINANCE N0.348 AN ORDINANCE FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES FOR THE CITY OF KENNEDALE, TEXAS, FOR THE YEAR 2006, DIRECTING THE ASSESSMENT AND COLLECTION THEREOF; PROVIDING A SEVERABILITY CLAUSE; AND AN EFFECTIVE DATE CLAUSE. BE IT, THEREFORE, ORDAINED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS: SECTION 1. For the current expense of the City of Kennedale and for the general improvements of the City and its properly, there is hereby levied and ordered to be assessed and collected for the year of 2006 on all property situated within the corporate limits of the City limits of the City of Kennedale, and not exempt from taxation by valid laws, an ad valorem tax rate of $0.722500 cents on the One Hundred ($100.00) Dollars valuation of such property. $0.628186 For the purpose of maintenance and operation. $0.094314 For the purpose of interest and sinking. $0.722500 Total tax rate THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000.00 HOME BY APPROXIMATELY $3.38. SECTION 2. That the taxes herein are levied according to law and shall be due and payable on October 1, 2006, and the same shall become delinquent on February 1, 2007. Should any taxpayer fail to make payment before the date of delinquency, the penalty as provided by law shall be assessed until the unpaid taxes and penalty have been satisfied. SECTION 3. In the event any section, sub-section, clause, sentence, or phrase of this ordinance shall be declared or adjudged invalid or unconstitutional, such adjudication shall in no means affect any other section, sub-section, clause sentence, or phrase of this ordinance, but all the rest thereof shall be in full force and effect just as though the section, sub-section, sentence, clause or phrase so declared or adjudged invalid or unconstitutional was not originally a part thereof. SECTION 4. This ordinance shall be in full force and effect from and after its passage and publication as provided by law. c:\citysec\council\ord\taxrate\(09-07-06) Page 1 PASSED AND APPROVED IN OPEN SESSION OF THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS on the 14`h day of September, 2006. EN -, APPROVED: pF K..,.~~p =Ca. _ ` ~ " * ' ' ~ ~ a or B an Lankhorst ~ ~ .fit' = ~ Y ~ ry ATTESfia., ..fig'°•..a.• r~ SAG/%~~'. ~ Kathy Tu~ft~er, City Secretary c:\citysec\council\ord\taxrate\(09-07-06) Page 2