Under the authorization provided by the Texas Property Tax Code (the code) the city provides the following tax exemption:
(1) 
Section 11.13 allows the governing body of the taxing unit to provide an exemption for individuals disabled or sixty-five (65) or older on their residence homestead.
(2) 
The city council hereby grants an exemption of $65,000.00 of the appraised value of the residence for individuals disabled or sixty-five (65) or older on their residence homestead.
(2002 Code, art. 11.100)