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HomeMy WebLinkAboutCity Council-Minutes-8/12/2008City of Colleyville 100 Mlain Street ~` Colleyville, Texas 76034 ;.off ~~~~~ ~ 817. 503.9 000 ~- ~ Agenda www.colleyville.com City Council Tuesday, August 12, 2008 8:30 AM CITY COUNCIL CHAMBERS 1. CALL TO ORDER SPECIAL MEETING 2. READING AND PUBLIC HEARING 2a R-08-2996 Approval of a proposal to set the ad valorem tax rate for Fiscal Year 2009 at $.3559 per hundred dollars of valuation and setting dates for two public hearings on the Fiscal Year 2009 tax rate 3. ADJOURNMENT: I hereby certify the above agenda was posted on the bulletin boards at City Hall on Friday, August 8, 2008, by 5:00 Cynthia Singleton, TRMC, CMC City Secretary Any matter on this agenda may, at the discretion of the governing body, be opened for public comment and discussion. If you plan to attend this public meeting and have a disability that requires special accommodations, please advise the City Secretary at least 48 hours in advance at 817.503.1133, and reasonable accommodations will be made to assist you. City of Colleyville Page 1 Printed on 8/8/2008 ~'~~ City of Colleyville 100 Main Street ~ Colleyville, Texas 76034 City Council Minutes 817.503.1000 ;,,->>~ www.colleyville.com City Council Tuesday, August 12, 2008 8:30 AM CITY COUNCIL CHAMBERS The special meeting of the Colleyville City Council was called to order by Mayor David Kelly on August 12, 2008, at 8:30 a.m. ROLL CALL: Councilmembers Carol Wollin, Stan Hall, Tom Hart, Mike Taylor, Mayor David Kelly, City Manager Bill Lindley, Assistant City Manager Kelly Cooper, Finance Director Terry Leake, Fire Chief Mike Johnston and City Secretary Cynthia Singleton were present. Mayor Pro Tem Jon Ayers and Councilmember Tony Licata were absent. 2. READING AND PUBLIC HEARING 2a R-08-2996 Approval of a proposal to set the ad valorem tax rate for Fiscal Year 2009 at $.3559 per hundred dollars of valuation and setting dates for two public hearings on the Fiscal Year 2009 tax rate Mayor Kelly read Resolution R-08-2996 in its entirety. Finance Director Terry Leake provided a review of the Texas Property Tax Code, related to setting tax rates and stated if the proposed tax rate is greater than the effective tax rate, legislation requires two additional public hearings and notices of the meetings published before the public hearing to adopt the tax rate. Ms. Leake further stated the Fiscal Year 2009 proposed tax rate is $.3559 per hundred dollars of valuation and the calculated effective tax rate is $.344078 and City Council is required to pass a resolution reflecting its intention to adopt a tax rate of $.3559 per hundred dollars of valuation. Mayor Kelly opened the public hearing. There was no one present wishing to speak concerning this item and Mayor Kelly closed the public hearing. City of Colleyville Page 1 Printed on 9/3/2008 City Council City Council Minutes August 12, 2008 Mayor Kelly stated two public hearings on the tax rate will be held Tuesday, August 26, 2008, at 7:00 p.m. and Tuesday, September 2, 2008 at 7:30 p.m. in the City Council Chambers. Mayor Kelly further stated the City Council is not considering increasing the tax rate of $.3559 per hundred dollars for FY 2009 and explained the state legislators set the tax rate calculation and if the property tax increases by one cent, the City is required to have two public hearings. Councilmember Hart moved to approve Resolution R-08-2996. Councilmember Wollin seconded the motion. The motion carried by the following vote: Aye: 5 -David Kelly, Carol Wollin, Stan Hall, Tom Hart, Mike Taylor Absent: 2 -Tony Licata, Jon Ayers 3. ADJOURNMENT: There being no further business before the City Council, Councilmember Hall moved to adjourn. Councilmember Hart seconded the motion. The motion carried by the following vote: Aye: 5 -David Kelly, Carol Wollin, Stan Hall, Tom Hart, Mike Taylor Absent: 2 -Tony Licata, Jon Ayers Mayor Kelly adjourned the meeting at 8:35 a.m. APPROVED BY A VOTE OF _ t'~ AYES, NAYS AND ABSTENTIONS ON THIS THE ~ DAY O 2008. Minutes taken and pre ared by: Cynthia Singleton, TRMC, CMC City Secretary City of Colleyville Page 2 Printed on 9/3/2008