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HomeMy WebLinkAbout2022-O-03 - Over 65 / Disabled Tax Freeze ORDINANCE NO. 2022-0-03 AN ORDINANCE ADOPTING A TAX LIMITATION ON RESIDENCE HOMESTEADS OF PERSONS WHO ARE SIXTY-FIVE YEARS OF AGE OR OLDER OR PERSONS WHO ARE DISABLED INDIVIDUALS AND OTHER MATTERS INCIDENT AND RELATED THERETO WHEREAS, Section 1-b(h), Article VIII, Texas Constitution authorizes the governing body of a city, county or junior college district, to adopt a tax limitation on the residence homesteads of persons who are sixty-five years of age or older or disabled individuals as that term is defined under the Texas Property Tax Code so that the amount of taxes imposed by a city, county or junior college district may not be increased while it remains the residence homestead of that person; and WHEREAS, the City Council of Stephenville, Texas has determined that it would benefit the residents of Stephenville, Texas to adopt a tax limitation on the residence homesteads of those persons who are sixty-five years of age or older, and WHEREAS, the City Council of Stephenville, Texas has determined that it would benefit the residents of Stephenville, Texas to adopt a tax limitation on the residence homesteads of those persons who are disabled individuals as that term is defined under the Texas Property Tax Code, and WHEREAS, the City Council of Stephenville, Texas finds and determines that the actions herein described are in the best interests of the residents of Stephenville,Texas. NOW,THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF STEPHENVILLE,TEXAS,THAT: SECTION 1. The recitals set forth are true and correct. SECTION 2. Pursuant to the authority granted to the City Council of Stephenville, Texas in section 1-b(h), Article VIII, Texas Constitution that there is hereby adopted a tax limitation on the residence homesteads of persons sixty-five years of age or older. SECTION 3. Pursuant to the authority granted to the City Council of Stephenville, Texas, in section 1-b(h), Article VIII, Texas Constitution that there is hereby adopted a tax limitation on the residence homesteads of persons who are disabled individuals as that term is defined under the Texas Property Tax Code. SECTION 4. The tax limitation adopted herein shall be administered in accordance with Section 11.261, Texas Property Tax Code, that provides the amount of taxes imposed on the residence homesteads of persons sixty-five years of age or older or persons who are disabled Individuals are limited as provided therein. SECTION 5. -- It is hereby officially found and determined that the meeting at which this Order is adopted was open to the public and public notice of the time, place and subject matter of the public business to be considered at such meeting was given as required by law. Ordinance No. 2022-0-03 Page 1 of 2 Over 65/Disabled Tax Freeze SECTION 6. This Ordinance shall be effective upon passage. PASSED AND APPROVED this 15th day of February, 2022. , y OF STD `cN, -7` Doug Svien, ayor ATTEST: ; • Staci King, City Secretary Reviewed by All L. r es, City Manager ce.7 Randy Thomas, City Attorney Approved as to form and legality Ordinance No.2022-0-03 Page 2 of 2 Over 65/Disabled Tax Freeze