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HomeMy WebLinkAboutR2003-020RESOLUTION NO. 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 2, 2003; 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 5, 2003, the City Council voted to place a proposal on the September 2, 2003 City Council regular meeting to adopt a proposed tax rate of $.54815 per $100 valuation, which will exceed the lower of the rollback rate or 103 percent of 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 a public hearing for its regular meeting of August 19, 2003 on the tax increase; and WHEREAS, publication of notice of that public hearing on the tax increase was made in accordance with the law, and said public heating was held on August 19, 2003 and all proponents and opponents of the tax increase were given an adequate opportunity to present their views at the public hearing; 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 2, 2003, 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 76201. SECTION 2. Prior to the vote on the tax rate, the City Manager and the Assistant City Manager for Fiscal & Municipal Services 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 3. This resolution shall become effective mediately upon its passage and approval at a regular meeting of the City Council of the City of Denton, Texas on this the 19th day of August, 2003, at which meeting a quorum was present and the meeting was held in accordance with the provisions of Tex. Gov't Code {}551.001, 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 2, 2003 City Council agenda. EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY JROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY Councilmember Euline Brock, Mayor Mark Burroughs, Mayor Pro Tem Pete Kamp Perry McNeill Bob Montgomery Raymond Redmon Jack Thomson Voted For Voted Against Page 2 Notice of Vote on Tax Rate The city of Denton ~ conducted a public hearing on a proposal to increase the total tax revenues of the City of Demton from properties on the tax roll in the preceding year by 3.~ percent on August 19, 2003 at 6:30 p.m. The City of Denton is scheduled to vote on the tax rate that will result in that tax increase at a public meeting to be held on September 2, 2003 at 6:30 p.m. 215 E. McKinney Street