HomeMy WebLinkAboutR2004-043A RESOLUTION OF THE CITY OF DENTON CITY COUNCIL REQUESTING THE
TEXAS MUNICIPAL LEAGUE TO SUPPORT LEGISLATION THAT
AUTOMATICALLY REMOVES THE AD VALOREM TAX EXEMPTION OR
REDUCES THE AD VALOREM TAX EXEMPTION TO THE RATIO OF STUDENT
OCCUPATION FOR HIGHER EDUCATION AUTHORITIES; AND PROVIDING AN
EFFECTIVE DATE.
WItEREAS, the Texas Mtmicipal League will hold its annual conference on
October 27-29, 2004 in Corpus Christi, Texas; and
WltEREAS, Chapter 53 of the Texas Education Code allows cities to create
Higher Educational Authorities or nonprofit corporations acting on their behalfto acquire
educational facilities or housing facilities for students; and
WHEREAS, these housing facilities are often apartment complexes that receive
an ad valorem tax exemption and may not have any students living in the apartments; and
WHEREAS, local taxing entities are thereby deprived of needed property tax
revenues; NOW THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. That the City Council requests that the Texas Municipal League
support legislation that automatically removes the ad valorem tax exemption or reduces
the ad valorem tax exemption to the ratio of student occupation for housing facilities of
Higher Education Authorities.
SECTION 2. That the City Manager is authorized to forward a copy of this
resolution to Mr. Frank Sturzl, Executive Director of the Texas Municipal League.
SECTION 3. That this resolution shall become effective immediately upon its
passage and approval.
PASSED AND APPROVED this the 7¢//., day of
EULINE BROCK, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
HERBERT L. PROUTY, CITY ATTORNEY