HomeMy WebLinkAboutOrd 2003-14 ORDINANCE NO.03-14
AN ORDINANCE OF THE MAYOR AND COUNCIL OF THE TOWN OF FOUNTAIN
HILLS, ARIZONA, LEVYING UPON THE ASSESSED VALUATION OF THE
PROPERTY WITHIN THE TOWN OF FOUNTAIN HILLS, SUBJECT TO TAXATION
A CERTAIN SUM UPON EACH ONE HUNDRED DOLLARS ($100.00) OF
VALUATION SUFFICIENT TO RAISE THE AMOUNT ESTIMATED TO BE
REQUIRED IN THE ANNUAL BUDGET, TO PROVIDE FUNDS FOR BOND
REDEMPTIONS, FOR THE PURPOSE OF PAYING INTEREST UPON BONDED
INDEBTEDNESS; ALL FOR THE FISCAL YEAR ENDING THE 30TH DAY OF
JUNE,2004.
WHEREAS,by the provisions of State law,an ordinance is required to set the property tax levy for
fiscal year 2003-2004;and
WHEREAS, the County of Maricopa is the assessing and collecting authority for the Town of
Fountain Hills, the Clerk is hereby directed to transmit a certified copy of this ordinance to the County
Assessor and the Board of Supervisors of the County of Maricopa,Arizona;
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE
TOWN OF FOUNTAIN HILLS,ARIZONA,as follows:
SECTION 1. That there is hereby levied on each one hundred dollars ($100.00) of assessed
valuation of all property, both real and personal, within the corporate limits of the Town of Fountain Hills,
except such property as may be by law exempt from taxation, a secondary property tax rate sufficient to
raise the sum of$1,540,000 for the purpose of providing a bond interest and redemption fund for General
Obligation Bond debt service for the fiscal year ending June 30,2004.
SECTION 2. Failure by the county officials of Maricopa County,Arizona,to properly return the
delinquent list, any irregularity in assessments or omissions in the same, or any irregularity in any
proceedings shall not invalidate such proceedings or invalidate any title conveyed by any tax deed;failure or
neglect of any officer or officers to timely perform any of the duties assigned to him or to them shall not
invalidate any proceedings or any deed or sale pursuant thereto, the validity of the assessment or levy of
taxes or of the judgment of sale by which the collection of the same may be enforced shall not affect the lien
of the Town of Fountain Hills upon such property for the delinquent taxes unpaid thereon, and no
overcharge as to part of the taxes or of costs shall invalidate any proceedings for the collection of taxes or
the foreclosure;and all acts of officers de facto shall be valid as if performed by officers de jure.
SECTION 3. All ordinances and parts of ordinances in conflict herewith are hereby repealed.
PASSED AND A ,TED by the Mayor and Council of the Town of Fountain Hills,July 1,2003.
FOR T OUNTAIN ILLS: ATTESTED TO:
W. J. Nic ls,Mayor - Bevelyn J. ende own Clerk
REVIEWED BY: APP VED AS O FORM:
J
Tim G. Pick ring, own Manager An rew J. cGuire,Town Attorney
9196.001\Town tax levy.ord.doc
6-27-03-1