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HomeMy WebLinkAboutCity Council Resolutions (R-10-3258)-08/17/2010RESOLUTION R-10-3258 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 PROPOSALOF THE INTENT TO SET PROPERTY TAX RATES AT THIRTY FlVE AND FIFTY-NINE HUNDREDTHS CENTS ($.3559) PER ONE HUNDRED DOLLARS VALUATION FOR FISCAL YEAR2011; AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the Tax Assessor/Collector for the City of Colleyville, Texas (the "City"), has calculated the amount of the effective tax rate and the rollback tax rate pursuant to Section 26.04(c) of the Property Tax Code of the State of Texas (the "Property Tax Code"); and WHEREAS, pursuant to Section 26.04(e) of the Property Tax Code, the said tax rates have been submitted to the City Council; and WHEREAS, it appears necessary to adopt a tax rate of thirty five and fifty-nine hundredths cents ($.3559) per one hundred dollars of valuation and the proposed tax rate is unchanged from Fiscal Year 2010. 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 2011 of thirty five and fifty- nine hundredths cents ($.3559) per one hundred dollars of valuation. The Fiscal Year 2011 tax rate will be adopted at the City Council meeting to be held on Tuesday, September 21, 2010. Sec. 2. THAT this resolution shall take effect from and after the date of its passage. AND IT IS SO RESOLVED. APPRO ~~E~~~ BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, THIS THE /~~r''1 DAY OF f 2010, BY THE FOLLOWING VOTE: 1~~ David Kelly L Carol Wollin ~_~ Michael Muhm ~~~ Jon Ayers ~~, Stan Hall 2 Tom Hart Mike Taylor g~~ Resolution R-10-3258 Page 2 of 2 ATTEST: C thia Singleton TRMC, CMC City Secretary CITY OF COLLEYVILLE l~t-~ ~~~~~L David Kelly Mayor