HomeMy WebLinkAbout1972-0853 - Ordinance - 12/15/1972ORDINANCE NO. 853
AN ORDINANCE EXEMPTING THREE THOUSAND DOLLARS ($3, 000.) 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 home-
steads 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 Three Thousand Dollars ($3, 000. ) of the assessed value of
residence homesteads of persons sixty -five (65) years of age and over is here-
by 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, 1973.
PASSED AND APPROVED this the 15th day of December, 1972.
APPROVED:
4a F or
ATTEST:
City Secretary
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