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ORD 1991-17 - Adopt Property Tax Exemption 07-30-1991ORDINANCE NO. 91 - -17 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, ADOPTING THE PROPERTY TAX EXEMPTION (FREEPORT EXEMPTION) UNDER ARTICLE VIII, SECTION 1 -J, OF THE TEXAS CONSTITUTION BEGINNING WITH THE 1992 TAX YEAR; AND MAKING OTHER PROVISIONS AND FINDINGS RELATED THERETO. WHEREAS the seventy -first Texas Legislature enacted a proposed constitutional amendment that was submitted to the voters and approved on November 7, 1989, for the purpose of exempting certain tangible personal property from ad valorem taxation; and WHEREAS the voters of Walker County approved that measure; and WHEREAS On December 5, 1989, the City Council of the City of Huntsville, Texas, delayed implementation of that exemption as provided by the Texas Constitution by adopting Ordinance No. 89 -40; and WHEREAS the City Council of the City of Huntsville now desires to implement the Constitutional Amendment; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF HUNTSVILLE, TEXAS, THAT: SECTION 1: The City of Huntsville rescinds its action to tax the property otherwise exempt under Article 8, Section 1 -j of the Texas Constitution (Texas Tax Code § 11.251). SECTION 2: This exemption shall apply to each tax year that begins after this date (January 1, 1992), but shall not apply to the tax year in which this action is taken. SECTION 3: The City Secretary shall forward a copy of this ordinance to the Walker County Chief Tax Appraiser. SECTION 4: This ordinance shall take effect immediately upon its adoption. EXECUTED THIS 30th DAY OF July , 1991. CITY OF HUNTSVILLE W. H. Hodges, ayo ATTEST: APPROVED: Scott Bounds, City Attorney