Page 264 - Grapevine Budget FY21

A. For the General Fund, a tax rate of$ 0. 143476 per$ 100 is levied.

B. For Debt Service, a tax rate of$ 0. 139125 per $ 100 is levied.

Section 3. That taxes levied by this ordinance shall be due and payable on the first
day of October, 2020 and shall become delinquent on the first day of February, 2021, if
unpaid. Upon taxes becoming delinquent, interest and penaltywill be added as required in
Section 33.01 of the Texas Property Tax Code, and shall commence on the first day of
February, 2021. The City of Grapevine is hereby authorized to adopt any and all legal
remedies provided by the Texas Property Tax Code for the purpose of collecting delinquent
taxes.

Section 4. That the fact that the fiscal year begins on October 1, 2020 requires that
this ordinance be effective upon its passage and adopted to preserve the public peace,
property, health, and safety, and shall be in full force and effect from and after its passage
and adoption, and an emergency is hereby declared.

PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, on this the 15th day of September, 2020.

APPROVED:

William . Tate
Mayor

ATTEST:
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Tara Brooks
City Secretary

APPROVED AS TO FORM:

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City Attorney

Ordinance No. 2020-042 2
256