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HomeMy WebLinkAbout2000-05-01-Ordinance 2316_City Tax Transition for AnnexationORDINANCE NO.2316 AN ORDINANCE TO AUTHORIZE THE CITY COUNCIL,BY RESOLUTION,TO INCLUDE IN ANY APPLICATION FOR ANNEXATION OF TERRITORY UNDER THE PROVISIONS OF §368.7,CODE OF IOWA,OR PROVISIONS OF §368.11,CODE OF IOWA, TO INCLUDE A PROVISION FOR A TRANSITION FOR THE IMPOSITION OF TAXES AS PROVIDED IN §368.11,SUBSECTION 13,CODE OF IOWA.PROVIDED THAT THE PROVISION SHALL NOT ALLOW A GREATER EXEMPTION FROM TAXATION THAN THE TAX EXEMPTION FORMULA SCHEDULE PROVIDED UNDER SECTION 427B.3, SUBSECTIONS 1 THROUGH 5,AS INCORPORATED IN §315.3,WAUKEE MUNICIPAL CODE;AND SHALL BE APPLIED IN THE LEVY AND COLLECTION OF TAXES. BE IT ORDAINED by the Council of the City of Waukee: Section 1.Provision For a Transition For the Imposition of City Taxes Against Property Within an Annexation Area.The Council of the City of Waukee is hereby authorized,by resolution,to include in any annexation application for annexation of territory under the provisions of §368.7,Code of Iowa,or provisions of §368.11,subsection 13,Code of Iowa.Provided that the provision shall not allow a greater exemption from taxation than the tax exemption formula schedule provided under Section 427B.3,subsections 1 through 5,as incorporated in §315.3,Waukee Municipal Code;and shall be applied in the levy and collection of taxes. Section 2.Repealer.All ordinances or parts of ordinances in conflict with the provisions of this ordinance are hereby repealed. Section 3.SeyerabjJjfy Clause.If any section,provision or part of this ordinance shall be adjudged invalid or unconstitutional,such adjudication shall not affect the validity of the ordinance as a whole or any section,provision,or part thereof not adjudged invalid or unconstitutional. Section 4.Effectiye Date,This ordinance shall be in effect upon its final passage, approval and publication as provided by law. sen,City Clerk