HomeMy WebLinkAbout1975-0990 - Ordinance - 12/11/1975ORDINANCE NO, 990
AN ORDINANCE AMENDING ORDINANCE NO. 853, AND EXEMPTING FIVE THOUSAND DOLLARS
($5,000.00) OF THE ASSESSED VALUATION OF RESIDENCE HOMESTEADS OF PERSONS SIXTY-FIVE
(65) YEARS OF AGE AND OVER.
WHEREAS, the people of the State of Texas by an amendment to the Constitution of
the State of Texas in the General Election held in November, 1972, authorized
cities to exempt from ad valorem taxes certain portions of the residence homesteads
of persons sixty-five (65) years of age and over; and
WHEREAS, it appears to the advantage of the City of College Station and its citizens
to exempt these properties from ad valorem taxes;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION.
TEXAS:
1. That the first Five Thousand Dollars ($5,000.) of the assessed value of
residence homesteads of persons sixty-five (65) years of age and over is hereby
exempted from all ad valorem taxes hereafter levied by the City of College Station,
Texas.
2. It is ordained that this ordinance shall be in full force and effect from and
after January 1, 1976.
PASSED AND APPROVED this the llth day of December, 1975.
APPROVED
Ma of
ATTEST
City Secretary