Page 294 - CityofGrapevineFY25AdoptedBudget

A. For the General Fund, a tax rate of $ 0. 131812 per $ 100 is levied.

B. For Debt Service, a tax rate of $ 0. 109353 per $ 100 is levied.

Section 4. That taxes levied by this ordinance shall be due and payable on
the first day of October 2024 and if unpaid shall become delinquent on the first day of
February 2025. Upon taxes becoming delinquent, interest and penalty will be added as
required in Section 33. 01 of the Texas Property Tax Code, and shall commence on
the first day of February 2024. 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 5. That the fact that the fiscal year begins on October 1 , 2024
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 17th day of September, 2024.

APPROVED:

William D. Tate
Mayor

ATTEST:

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en,

W.S ock.-cCity Secretary

APPROVED AS TO FORM:

Y) . R--
1\c‘t (
Matthew C. G. Boyle
City Attorney

Ordinance No. 2024- 078 2
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