Ord 3367 9/5/1978 ORDINANCE NO. 3367
ORDINANCE ESTABLISHING THE RATIO OF ASSESSED VALUES
TO ACTUAL VALUES OF PROPERTY FOR AD VALOREM TAX PUR-
POSES, AND ESTABLISHING REAPPRAISALS OF REAL PROPERTY
ON A THREE YEAR CYCLE.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF
WICHITA PALLS, TEXAS, THAT:
SECTION 1. The Tax Assessor and Collector for the City
of Wichita Falls shall assess all real and personal property
for taxation at seventy percent of the actual cash market value of
such property.
SECTION 2. The Tax Assessor and Collector for the City
shall reappraise all real property on a three year cycle. The
City is hereby divided into three areas, and the properties in
each area shall be reappraised each third year.
The first area lies west and north of the following
line:
Beginning on Central Freeway at the north City limits,
thence south along Central Freeway to its intersection with
Brook; thence south on Brook to Kell Boulevard; thence west on
Kell Boulevard to Seymour Highway; thence west on Seymour
Highway to City limits.
The second area lies south and west of the following
line:
Beginning on Seymour Highway at west City limits; thence
east along Seymour Highway to Kell Boulevard; thence east on
Kell Boulevard to Central Freeway; thence southeast on Central
Freeway to its junction with South Freeway; thence South with
South Freeway to south City limits.
The third area lies east of the following line:
Beginning on Central Freeway at the north City limits;
thence south with Central Freeway to Brook; thence south with
Brook to Kell Boulevard; thence east with Kell Boulevard to
Central Freeway; thence southeast with Central Freeway to its
junction with South Freeway; thence south with South Freeway
to the south City limits.
PASSED AND APPROVED this the 5th day of September, 1978.
ATTEST: M A Y O R
City Clerk