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HomeMy WebLinkAboutOrdinance - 8129-1981 - Repealing Ords. 6722 And 6747. Ratifying Resid. Homestead. Exemp. - 01/08/1981SMH:dh /-~ .... 81 1--zz-e, ORDINANCE NO. 8129 ----"'-"'""'-''-------- AN ORDINANCE REPEALING ORDINANCES NUMBERS 6722 AND 6747; RATIFYING THE RESIDENTIAL HOMESTEAD EXEMPTION AS IT WAS APPLIED TO AD VALOREM TAXES LEVIED BY THE CITY OF LUBBOCK PRIOR TO DECEMBER 31, 1980 IN THE AMOUNT OF TEN THOUSAND DOLLARS OF ASSESSED VALUE FOR PERSONS SIXTY-FIVE YEARS OF AGE OR OLDER: PROVIDING AN EXEMPTION WITH THE SAME REDUCTION IN TAXES AS HAS BEEN APPLIED BEFORE JANUARY 1, 1981. WHEREAS, the City Council has determined that a homestead exemption for persons sixty-five years of age or older is 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NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: That Ordinances 6722 and 6747 are hereby repealed in their entirety. That the Residential Homestead Exemption as it was applied to ad valorem taxes levied by the City of Lubbock prior to December 31, 1980 in the amount of ten thousand dollars of assessed value for persons sixty- five years of age or older is hereby ratified. That Section 30-6.2 be added to Chapter Thirty of the Code of Ordinances I of the City of Lubbock to read as follows: "30-6.2 Residence homestead exemption for persons sixty-five years of age or older. (a) Residence homesteads of married or unmarried persons sixty- five (65) years of age or older, including those living al one, shall be exempted from ad valorem taxes levied by the City of Lubbock in an amount that will provide the same reduction in taxes as was provided by the $10,000 Residence Homestead Exemption (based on assessed value) in effect prior to December 31, 1980. Where any ad valorem tax has theretofore been pledged for the payment of any debt, the taxing officers of the City of Lubbock shall have authority to continue to levy and collect the tax against the homestead property at the same rate as the tax so pledged until the debt is discharged, if the cessation of the levy would impair the obligation of the contract by which the debt was created. (b) Persons claiming such exemption shall file with the City Tax Assessor-Collector, between January 1, prior to and April 1, 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 forms 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-Collector, late applications may be accepted. Such application for exemption shall be made annually for each year that such exemption is sought. (c) The Tax Assessor-Collector shall review the application and all submitted proof and information and shall determine eligibility for such exemption. The determination of the Tax Assessor-Collector shall be final and the property in question shall be placed on the tax rolls of the City in accordance with such determination.rt AND IT IS SO ORDERED. Passed by the City Council on first reading this day of ,1981. ----------- Passed by the City Council on second reading this 22nd day of J anuary ,1981. Bill lrf~Mayor ATTEST -Treasurer APPROVED AS TO CONTENT <J._.t?L,.:tCb---~ ~Robert Massengale, DireZMOfF'inance APPROVED AS TO FORM /1 1,/ (\/"\ \ I '"\ 0U.1~v I • Susan H. Horton, Assistant City Attorney