HomeMy WebLinkAboutCity Council Resolutions (R-94-1041)-08/16/1994
RESOLUTION R-94-1041
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEYVILLE,
TEXAS PASSED PURSUANT TO SECTION 26.04, SECTION 26.05 AND
SECTION 26.6 OF THE PROPERTY TAX CODE OF THE STATE OF TEXAS,
APPROVING A PROPOSAL TO INCREASE PROPERTY TAXES; CALLING A
I PUBLIC HEARING; DIRECTING THAT NOTICE BE GIVEN IN ACCORDANCE
WITH THE PROPERTY TAX CODE AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Finance Director of the City of Colleyville, Texas (the "City"), has
I calculated the amount of the effective tax rate and the rollback tax rate pursuant
to Section 26.04(c) of the Property Tax Code of the State of Texas (the "Property
Tax Code"); and
WHEREAS, pursuant to Section 26.04(e) of the Property Tax Code, the Finance
Director for the City has submitted the said tax rates to the City Council and has
published in a newspaper in the form prescribed by the State Property Tax Board
the effective and rollback tax rates, the calculations used to determine the said tax
rates, and the estimated amounts of fund balances, and a schedule of the unit's
debt obligations required to be published; and
WHEREAS, it appears necessary to adopt a tax rate that is seven and nineteen
one-hundredths percent (7.19%) over the effective tax rate.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVI LLE, TEXAS:
Section 1. That all of the matters contained in the preamble are found to be true
and correct and are incorporated herein as if copied in their entirety.
Section 2. That the City Council does hereby, by the approval of this resolution,
state its intention to adopt a tax rate that will be a maximum of seven
and nineteen one-hundredths percent (7.19%) over the effective tax
rate.
Section 3. That in order to comply with Section 26.05(c) of the Property Tax
Code, a public hearing on this proposed increase will be held on the 6th day of
September, 1994 at 7:30 P.M. in the Council Chambers, 5400 Bransford Rd.,
Colleyville, Texas which date shall not be earlier than seven (7) days after the date
the notice of the public hearing on the proposed increase is given.
Section 4. That the City Secretary is directed to publish a notice of this hearing
in the official city newspaper at least seven (7) days prior to the date
of the public hearing in accordance with Section 26.06 of the
Prope rty Tax Code.
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Section 5. That this resolut ion shall take effect from and after the date of its
passage.
AND IT IS SO RESOLVED
APPROVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS,
THIS THE //p -u., DAY OF ~//hasr, 1994 BY THE FOLLOWING VOTE:
Jim Moore ;::; 1/ e
Jack Martin~
John Grace Ll..Ja:::-
Manny Montes /Iv ~
Don Butler A y ~
EST: J L
ean Ha~~
City Secretary
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f I~ I . .
C'neryWei .~:~
Mayor /J