HomeMy WebLinkAboutCity Council Resolutions (RESOLUTION R-17-4167)-08/15/2017 RESOLUTION R-17-4167
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
$0.333834 PER ONE HUNDRED DOLLARS VALUATION FOR FISCAL
YEAR 2018; 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 $0.333834 per one
hundred dollars of valuation.
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
2018 of $0.333834 per one hundred dollars of valuation. The
Fiscal Year 2018 tax rate will be adopted at the City Council
meeting to be held on September 19, 2017.
Sec. 2. THAT the 2017 tax roll as certified on July 25, 2017 by the Chief
Appraiser of Tarrant Appraisal District is adopted and is the basis
for the Fiscal Year 2018 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
24, 2017 at 5:30 p.m. and September 5, 2017 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.
AND IT IS SO RESOLVED.
Resolution R-17-4167
II Page 2 of 2
APPROVED BY A VOTE OF l0 AYES, 0 NAYS, AND L) ABSTENTIONS ON
THIS THE 15TH DAY OF AUGUST 2017.
Mayor Richard Newton Mayor Pro Tern Bobby Lindamood GCN,t,
Place 1, Tammy NakamuraPlace 5, Nancy Coplen
Place 3, Kathy Wheat Place 6, Mike Taylor
Place 4, George Dodson
ATTEST: (CITY OF COLLEYVILLE
A Shelle , TRMC Richard Newton
City Secretary Mayor