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HomeMy WebLinkAboutCity Council Resolutions (Resolution R-19-4407)-08/06/2019RESOLUTION R-19-4407 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 $0.306807 PER ONE HUNDRED DOLLARS VALUATION FOR FISCAL YEAR 2020; AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the Tax Assessor/Collector for the City of Col leyville, 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 $0.306807 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 2020 of $0.306807 per one hundred dollars of valuation. The Fiscal Year 2020 tax rate will be adopted at the City Council meeting to be held on September 17, 2019. Sec. 2. THAT the 2019 tax roll as certified on July 25, 2019, by the Chief Appraiser of Tarrant Appraisal District is adopted and is the basis for the Fiscal Year 2020 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 6T" DAY OF AUGUST 2019. Resolution R-19-4407 Page 2 of 2 Mayor Richard Newton Aye Mayor Pro Tern Bobby Lindamood Aye Place 1, Tammy Nakamura Abs Place 3, Kathy Wheat Aye Place 4, George Dodson Aye Place 5, Chuck Kelley Aye Place 6, Callie Rigney Aye ATTEST: ' k4,4i; Ge� Christine Loven, TRMC City Secretary CITY nOF CO�LLEYVILLE Richard Newton Mayor