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HomeMy WebLinkAboutCity Council Resolutions (R-11-3392)-08/17/2011RESOLUTION R-11-3392 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 2012; 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 2011. 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 2012 of thirty five and fifty-nine hundredths cents (.3559) per one hundred dollars of valuation. The Fiscal Year 2012 tax rate will be adopted at the City Council meeting to be held on Tuesday, September 20, 2011. 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 CIT COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, THIS THE DAY OF 2011, BY THE FOLLOWING VOTE: David Kelly Carol Wollin Michael Muhm Stan Hall Jody Short Tom Hart Mike Taylor Resolution R-11-3392 Page2of2 ATTESY: ~ `~~ ~ ~nthia Singleton TRMC, ~IVIC ity Secretary CITY OF COLLEYVILLE ~ David Kelly Mayor