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HomeMy WebLinkAboutOrdinance - 6722-1973 - Residence Homestead Exemption, Ad Valorem Taxes Persons Over 65 Years - 09/13/1973KJ:.sw ORDINANCE NO. 6722 ------- AN ORDINANCE PROVIDING FOR A RESIDENCE HOMESTEAD EXEMP- TION FROM AD VALOREM TAXES FOR PERSONS OVER 65 YEARS OF AGE; PROVIDING AN EFFECTIVE DATE; PROVIDING FOR APPLICATION FOR sue EXEMPTION; PROVIDING FOR DETERMINATION OF ELIGIBILITY FOR EXEM - TION BY TAXASSESSOR-COLLECTOR AND PROVIDING FOR PUBLICATION. WHEREAS, the Constitution of the State of Texas has been amended to permit the granting of residence homestead exemptions from ad valorem taxes to persons over 65 years of age; and, WHEREAS, the City Council, after a public hearing, has determined that the granting of such exemption would be in the best interest of the citizens of the City of Lubbock; NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT persons over 65 years of age are hereby granted an exemption of THREE THOUSAND DOLLARS ($3,000.00) from the assessed value of residence homesteads assessed for ad valorem taxes levied by the City of Lubbock, upon compliance with the requirements set forth in this or6inance Article VIII, Section 1-b of the Texas Constitution, and applicable State laws. SECTION 2. THAT the exemption granted in Section 1 above shall becom effective from and after ad valorem taxes levied for the year 1974. Eligibility for such exemption shall be determined each year as of January 1 of such year. SECTION 3. THE exemption provided for by this ordinance shall not be allowed unless· the person claiming such exemption shall file with the City Tax-' Assessor ... Collector, between October 1, prior to and April 30, of the year for which such exemption is claimed, documentary proof of age satisfactory to the Tax Assessor-Collector and a sworn claim for such exemption, describing the property for which the exemption is sought, on ferms prescribed by the Tax Assessor-Collector~ giving complete information as provided for by such forms. In the event of good cause shown to the satisfaction of the Tax Assessor-Collecto late applications may be accepted. Such application for exemption shall be made a nnually for each year that such exemption is sought. SECTION 4. THE Tax Assessor-Collector shall review the application a all submitted proof and information and shall determine eligibility for such exem tion. The determination of the Tax Assessor-Collector shall be 1final and the property in question shall be placed on the tax rolls of the City in accordance with such determination. SECTION 5. THAT the City Secretary is hereby authorized to cause pub- lication of the descriptive caption of this ordinarce as an alternative method provided by law. AND IT IS SO ORDERED. Passed by the Council on first reading this 13th day of..,sLlie~p...itemh-u.e~r ____ , 1973 Passed by the Council on second reading this 27thday of September , 1973 MAYOR ATTEST; APPROVED AS TO FORM: d O. Senter,J"i-:~tyAttorney