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HomeMy WebLinkAboutCity Council Resolutions (RESOLUTION R-15-3895)-08/11/2015 • RESOLUTION R-15-3895 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS PASSED PURSUANT TO SECTION 26.04 AND 26.05, OF THE PROPERTY TAX CODE OF THE STATE OF TEXAS, APPROVING A PROPOSAL OF THE INTENT TO SET PROPERTY TAX RATES AT THIRTY FIVE AND FIFTY-NINE HUNDREDTHS CENTS ($.3559) PER ONE HUNDRED DOLLARS VALUATION FOR FISCAL YEAR 2016; AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the Tax Assessor/Collector for the City of Colleyville, Texas (the "City"), has 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 said tax rates have been submitted to the City Council; and WHEREAS, it appears necessary to adopt a tax rate of thirty five and fifty- nine hundredths cents (.3559) per one hundred dollars of valuation and the proposed tax rate is unchanged from Fiscal Year 2015. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the City Council does hereby, by the approval of this resolution, state its intention to adopt a tax rate for Fiscal Year 2016 of thirty five and fifty-nine hundredths cents (.3559) per one hundred dollars of valuation. The Fiscal Year 2016 tax rate will be adopted at the City Council meeting to be held on September 15, 2015. Sec. 2. THAT the 2015 tax roll as certified on July 25, 2015 by the Chief Appraiser of Tarrant Appraisal District is adopted and is the basis for the Fiscal Year 2016 proposed tax rate. Sec. 3. THAT pursuant to Section 26.05(d) of the Property Tax Code, the two public hearings on the tax rate will be held on August 25, 2015 at 6 p.m. and September 1, 2015 at 7:30 p.m. at 100 Main Street, Colleyville, Texas. Sec. 4. THAT this resolution shall take effect from and after the date of its passage. Resolution R-15-3895 Page 2 of 2 AND ITIS SO RESOLVED. APPROVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, THIS THE 11TH DAY OF AUGUST 2015, BY THE FOLLOWING RECORD VOTE: David Kelly Atif Carol Wollin Chuck Mogged (kt(- Chris Putnam Ike- Jody Short Nancy Coplen Otte, Mike Taylor CV' - ATTEST: CITY OF COLLEYVILLE _ — ,et lib Aro.. / Amy -Iley, TL" C David Kelly City Secretary Mayor