Hawk Cove:Ord 2020-008

ORDINANCE NO. 2020-008

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HAWK COVE ESTABLISHING PROPERTY TAX RATE FOR THE CITY AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the City Council of the City of Hawk Cove, Texas has determined the need to approve the adoption of 2020 property tax rate; and

WHEREAS, it is the intention of the City Council of the City of Hawk Cove, Texas that the adoption of the 2020 property tax rate be established, and that this adoption is in the best interest of the City of Hawk Cove; and

NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HAWK COVE, TEXAS,

SECTION 1

Approval of adoption of the 2020 property tax rate for the City of Hawk Cove being 1.360249/$100 value with $0.292321/$100 for I&S (Interest and Sinking) and $1.067928/$100 for M&O (Maintenance and Operation).

SECTION 2

All ordinances or parts of ordinances in conflict herewith are repealed to the extent of conflict only.

SECTION 3

That if any section, provision, subsection, paragraph, sentence, clause, phrase, or word in this ordinance or application thereof to any person or circumstance is held invalid by any court or competent jurisdiction, such holdings shall not affect the validity of the remaining portions of this ordinance, and the City Council of the City of Hawk Cove, Texas, hereby declares it would have enacted such remaining portions, despite such invalidity.

SECTION 4

This ordinance shall be in full force and effect at the beginning of the fiscal year October 1, 2020.

CONCLUSION

PASSED AND APPROVED, THIS 3rd DAY OF SEPTEMBER 2020.