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HomeMy WebLinkAboutCity Council Resolutions (Resolution R-18-4295)-08/07/2018RESOLUTION R-18-4295 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 $0.3208 PER ONE HUNDRED DOLLARS VALUATION FOR FISCAL YEAR 2019; 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 $0.3208 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 2019 of $0.3208 per one hundred dollars of valuation. The Fiscal Year 2019 tax rate will be adopted at the City Council meeting to be held on September 18, 2018. Sec. 2. THAT the 2018 tax roll as certified on July 20, 2018 by the Chief Appraiser of Tarrant Appraisal District is adopted and is the basis for the Fiscal Year 2019 proposed tax rate. Sec. 3. THAT this resolution shall take effect from and after the date of its passage. AND IT IS SO RESOLVED. APPROVED BY A VOTE OF 6 AYES, 0 NAYS, AND 0 ABSTENTIONS ON THIS THE 71h DAY OF AUGUST 2018. Resolution R-18-4295 Page 2 of 2 Mayor Richard Newton Aye Mayor Pro Tern Bobby Lindamood Aye Place 1, Tammy Nakamura Absent Place 5, Chuck Kelley Aye Place 3, Kathy Wheat Aye Place 6, Callie Rigney Aye Place 4, George Dodson Aye ATTEST: Christine Loven, TRMC City Secretary CITY OF COLLEYVILLE cla Nk-a;�:— Richard Newton Mayor