Loading...
HomeMy WebLinkAboutCity Council Resolutions (R-93-923)-08/31/1993 1 2 RESOLUTION R-93-923 3 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 PUBLIC HEARING; DIRECTING THAT NOTICE BE GIVEN IN ACCORDANCE WITH THE PROPERTY TAX CODE AND PROVIDING AN EFFECTIVE DATE. 4 5 6 7 8 WHEREAS, the Finance Director of the City of Colleyville, exas (the "City"), has calculated the amount of the effective ax 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 9 10 11 WHEREAS, pursuant to Section 26.04 (e) of the Property Tax Code, the Finance Director for the City has submitted the said ax 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 12 13 14 WHEREAS, it appears necessary to adopt a tax rate that is six and thirty-one one-hundredths percent (6.31%) over the effective tax rate. 15 16 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: 17 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. 18 19 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 six and thirty-one one- hundredths percent (6.31%) over the effective tax rate. 20 21 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 14th day of September, 1993 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. 22 23 24 25 26 -- --'-'~-^"f"^-'-'_____________~_"_____'___'__"'__~M section 4. That the ci ty 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 Property Tax Code. section 5. That this resolution shall take effect from and after the date of its passage. AND IT IS SO RESOLVED APPROVED BY THE CITX COUNCIL OF TH~E CITY, OF COLLEYVILLE, TEXAS, THIS THE 31~ DAY OF "U51" , 1993 BY THE FOLLOWING VOTE: Jim Moore ~ Steve Mc Kain Ed Mc Knight Manny Montes Cheryl Feigel Nay Aye ~kl~ ~~n Harris, CMC City Secretary A~ED ~l Fo ter City Attorney ~VED: l. M-- Rlchard Newton MAYOR LEGALITY ~ ..,.". . .