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Ordinance No. 6,922940127 -15 ORDINANCE NO. 6922 • AN ORDINANCE DETERMINING THAT THE PAYMENT OF TAXES BY FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF P.E. PENNINGTON & COMPANY, INC. ON ACCOUNT NUMBER 045 -144- 002 -0275 FOR THE TAX YEAR 1992 WAS EXCESSIVE; APPROVING A REFUND OF THE OVERPAYMENT OF FOUR THOUSAND SIX HUNDRED NINETY -FOUR AND 10 /100 DOLLARS ($4,694.10); AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, First Federal Savings & Loan Association of P.E. Pennington & Company, Inc. has applied for a refund of an overpayment of taxes on account number 045 -144- 002 -0275 for the tax year 1992 alleging a substantial error in the appraisal records; and WHEREAS, the Appraisal Review Board for the Harris County Appraisal District has found that the appraisal records for account number 045 - 144 - 002 -0275 were incorrect and has corrected the records to conform them to the requirements of law; and WHEREAS, the City Council of the City of Baytown, Texas, has determined that the payment of taxes on account number 045 - 144 - 002 -0275 for the tax year 1992 by First Federal Savings & Loan Association of P.E. Pennington & Company, Inc. was excessive in the amount of FOUR THOUSAND SIX HUNDRED NINETY -FOUR AND 10/100 DOLLARS ($4,694.10); NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council hereby approves and authorizes payment of FOUR THOUSAND SIX HUNDRED NINETY -FOUR AND 10 /100 DOLLARS ($4,694.10) to First Federal Savings & Loan Association of P.E. Pennington & Company, Inc. as a refund of the excessive payment of taxes on account number 045 - 144 -002 -0275 for the tax year 1992. Section 2: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this the 27th day of January, 1994. ATTEST: I PETE C. ALFARO, Mayor EILEEN P. 9,XLL, City Clerk CIO RAMIREZ, SU, City Attorney kWoo—T1- 27- %=ffAICL%mm 0=