HomeMy WebLinkAboutCity Council-Agenda Packets-8/11/2009~„
City of Colleyville 100 Main Street
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817. 503.1000
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Special City Council Meeting
Tuesday, August 11, 2009 6:45 PM City Council Chambers
1. CALL TO ORDER
2. RESOLUTION(S):
READING AND PUBLIC HEARING
2a R-09-3127 Canvassing the results of the Special Election held August 1, 2009, to fill
an unexpired term for Councilmember, Place 2
2b R-09-3128 Approval of a proposal to set the ad valorem tax rate for Fiscal Year
2010 at $.3559 per hundred dollars of valuation
3. ADJOURNMENT:
I hereby certify the above agenda was posted on the bulletin boards at City Hall on Friday,
August 7, 2009, 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 8/5/2009
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File Number: R-09-3127
File Number: R-09-3127 File Type: Resolution Status: Resolution
Version: 1 Agenda Date: 08/11/2009 Controlling Body: Special City
Council Meeting
Requester: Office of the City Agenda No.: 2a Final Action:
Secretary
File Name: Canvassing the results of the Special Election held August 1, 2009, to fill an unexpired term for
Councilmember, Place 2
Attachments: Resolution R-09-3127.pdf
History of Legislative File
Version: Date: Acting Body: Action Text:
1 08/11/2009 Special City Council
Meeting
Title
Canvassing the results of the Special Election held August 1, 2009, to fill an unexpired term
for Councilmember, Place 2
Explanation
Reading and Public Hearing
This item provides for the City Council to canvass the results of the Special Election held
August 1, 2009, to fill an unexpired term for Councilmember, Place 2, in accordance with
Texas Election Code Section 67.004.
City of Colleyville Page 1 Printed on 8/5/2009
RESOLUTION R-09-3127
A RESOLUTION CANVASSING THE RESULTS OF A SPECIAL ELECTION
HELD AUGUST 1, 2009, FOR THE PURPOSE OF ELECTING A
COUNCILMEMBER, PLACE 2, TO FILL AN UNEXPIRED TERM
WHEREAS, a Special Election was duly held in the City of Colleyville, Texas, on the 1St
day of August 2009, for the purpose of electing a Councilmember, Place 2,
to fill an unexpired term; and
WHEREAS, the City Council is required to meet and canvass the votes cast in such
election in accordance with the Texas Election Code, Section 67.004; and,
WHEREAS, such canvass shows the following results:
COUNCILMEMBER, PLACE 2
Carmen A. Thayer 86
Michael Muhm 592
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1. That after examining said returns and canvassing the votes cast in said
election as shown above, the canvass is hereby approved.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF AYES, NAYS AND ABSTENTIONS
ON THIS THE DAY OF 2009.
ATTEST:
Cynthia Singleton, TRMC, CMC
City Secretary
CITY OF COLLEYVILLE
David Kelly
Mayor
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Colleyville, Texas 76034
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File Number: R-09-3128
Version: 1
File Number: R-09-3128
File Type: Resolution
Agenda Date: 08/11/2009
Requester: Finance Department Agenda No.: 2b
Final Action:
File Name: Approval of a proposal to set the ad valorem tax rate for Fiscal Year 2010 at $.3559 per hundred
dollars of valuation
Attachments: Resolution R-09-3128
History of Legislative File
Status: Resolution
Controlling Body: Special City
Council Meeting
Version: Date: Acting Body: Action Text:
1 08/11/2009 Special City Council
Meeting
Title
Approval of a proposal to set the ad valorem tax rate for Fiscal Year 2010 at $.3559 per
hundred dollars of valuation
Explanation
Reading and Public Hearing
Chapter 26, Texas Property Tax Code, requires taxing units to comply with
"Truth-in-Taxation" laws in setting tax rates and perform an effective tax rate calculation.
The calculated Fiscal Year 2010 (FY 2010) effective tax rate is $.3643371. As the
proposed rate of $.3559 is lower than the effective tax rate of $.3643371, legislation
requires that a city only need to publish the "Notice of Effective Tax Rate" to be in
compliance with Chapter 26 of the Texas Property Tax Code. The "Notice of Effective Tax
Rate" for FY 2010 was published on Thursday, August 6, 2009 in the Fort Worth
Star-Telegram. In order that the citizens of Colleyville be informed of the proposed FY 2010
tax rate, Resolution R-09-3128 reflects the City Council's intention to adopt a tax rate of
$.3559 per hundred dollars of valuation.
Additionally, the FY 2010 proposed tax rate of $.3559 per hundred dollars of valuation is
unchanged from FY 2010 to FY 2009. The average residential value for FY 2009 was
$391,133 and the average residential value for FY 2010 is $398,957. This equates to an
annual property tax adjustment of $27.85 to support city services, or an adjustment of $.08
per day. Principally driving the increase in average property value between FY 2009 and FY
2010 was higher permit values for new residential constructions as the average value of
new homes constructed in the assessment period was almost $500,000. The average
value for existing property on the tax roll decreased .25%.
City of Colleyville Page 1 Printed on 8/5/2009
Agenda_B{iefing Continued (R-09-3128)
As a point of reference, the effective tax rate calculation set the interest and sinking rate
(Debt Service Fund rate) at $.057262. The remainder of the tax rate of $.298638 will be
allocated to operations and maintenance (General Fund rate). The ordinance adopting the
FY 2010 tax rate will reflect these rates as required by the effective tax rate calculation.
Financial Impact
Notice of intent to adopt FY 2010 tax rate of $.3559 per hundred dollars of valuation.
Recommendation
Approval
City of Colleyville Page 2 Printed on 8/5/2009
RESOLUTION R-09-3128
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS
PASSED PURSUANT TO SECTION 26.04, OF THE PROPERTY TAX CODE OF THE
STATE OF TEXAS, APPROVING A PROPOSAL OF THE INTENT TO SET
PROPERTY TAX RATES AT THIRTY FIVE AND FIFTY-NINE HUNDREDTHS CENTS
($.3559) PER ONE HUNDRED DOLLARS VALUATION FOR FISCAL YEAR 2010;
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 2009.
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 2010 of thirty five and fifty-nine
hundredths cents (.3559) per one hundred dollars of valuation. The Fiscal
Year 2010 tax rate will be adopted at the City Council meeting to be held on
Tuesday, September 15, 2009
Sec. 2. THAT this resolution 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 DAY OF 2009, BY THE FOLLOWING VOTE:
David Kelly Carol Wollin
Stan Hall Jon Ayers
Tom Hart Mike Taylor
Resolution R-09-3128
Page 2 of 2
ATTEST:
CITY OF COLLEYVILLE
Cynthia Singleton TRMC, CMC David Kelly
City Secretary Mayor