§ 9.02. Power of tax.

Latest version.

The city council shall have power to levy, assess and collect for general purposes an ad valorem tax on real, personal and fixed property within the territory of the City of The Colony, not exempt from taxation by the constitution and laws of the State of Texas, based upon its assessed value as provided by law, to the extent of the constitutional limit permitted by the State of Texas to cities of over five thousand (5,000) population.

                    
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