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HomeMy WebLinkAboutR2005-033S:'Our DocUOltlllslResolutiom\05\votc 011 tax ralc2.dnc RESOLUTION NO. ~ 2 tJOS- 033 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS ANNOUNCING THAT IT WILL VOTE ON A TAX RATE AT ITS REGULARLY SCHEDULED MEETING OF SEPTEMBER 20, 2005; PROVIDING FOR PUBLICATION OF NOTICE OF SUCH VOTE ON THE TAX RATE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, at its regularly scheduled meeting of August 16, 2005, the City Council voted to place a proposal on the September 20, 2005 City Council regular meeting to adopt a proposed tax rate of $0.60815 per $100 valuation, which will exceed the lower of the rollback rate or the effective tax rate; and WHEREAS, the City Secretary duly recorded the vote of the City Council on that matter; and WHEREAS, the City Council also called two public hearings, the first for its regular meeting of September 6, 2005 and a special called hearing on September 13, 2005, on the tax increase; and WHEREAS, publication of notice of two public hearings on the tax increase were made in accordance with the law, and said public hearings were held on September 6, 2005 and September 13, 2005, and all proponents and opponents of the tax increase were given an adequate opportunity to present their views at the public hearings; and WHEREAS, the City Council wishes to finally set the date, time, and place of the meeting at which it will vote on the tax rate; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The City Council will vote on the proposed tax rate at its regularly scheduled meeting of September 20, 2005, which will commence at 6:30 p.m. and will be held in the City Council Chambers at City Hall at 215 East McKinney, Denton, Texas 7620 I. SECTION 2. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A 100,000 HOME BY APPROXIMATELY $30. SECTION 3. Prior to the vote on the tax rate, the City Manager and the Assistant City Manager are directed to publish in the Denton Record-Chronicle, a newspaper having general circulation in the City, the attached Notice of Vote on the Tax Rate, which is made a part of this resolution for all purposes, such publication to be in compliance with the requirements of the Texas Tax Code. SECTION 4. This resolution shall become effective immediately upon its passage and approval at a regular meeting of the City Council of the City of Denton, Texas on this the 13th S:\OnrDocnmcmsIRc>olnliolls\05\vOICOrIlilllrillc2.doc day of September, 2005, at which meeting a quorum was present and the meeting was held in accordance with the provisions of Tex. Gov't Code g551.001, et seq. The City Secretary is hereby advised to record this resolution and the vote on the proposal to place the item for a tax increase on the September 20, 2005 City Council agenda. rrI/t . L, PASSED AND APPROVED this the /-?~dayof ~1l/7;~) ,2005. c~~ /~clc EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: {jMf MfUdi~, !kb APPROVED AS TO LEGAL FORM: EDWIN M. SNYDER, CITY ATTORNEY BY Cf,kJ,;t;t ~.:f Councilmember Voted For Voted Against Euline Brock, Mayor Pete Kamp Perry McNeill, Mayor Pro Tem Bob Montgomery Joe Mulroy Jack Thomson Charlye Heggins v v v v' Page 2 50-198 RBv.07-05/4) Notice of Vote on Tax Rate The City of Denton, Texas conducted public hearings on a proposal to increase the total tax revenues of the City of Denton Texas from properties on the tax roll in the preceding year by 5.20/0 percent on . tember 6, 2005 and September 13, 2005. The City Council of Denton, Texas is scheduled to vote on the tax rate that will result in that tax increase at a public meeting to be held on Sgptember 20, 2005, 6:30 p.m., City Council Chambers, City Hall, 215 E. McKinnev St., Denton, Texas 79601