Loading...
HomeMy WebLinkAboutResolution 3245-08-2005A Resolution NO 3245-08-2005 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, PROPOSING THE AD VALOREM TAX RATE FOR FISCAL YEAR 2005/06 AND SETTING PUBLIC HEARING DATES ON THE TAX RATE. WHEREAS, ~n accordance with Chapter X, Section 2 of the City Charter the proposed ad valorem tax levy ordinance for the Fiscal Year 2005/06 was introduced at the City Council meeting held on August 9 2005 and, WHEREAS, per the provisions of Senate Bill No 18 passed by the Texas State Legislature and effective immediately upon passage which amends Section 26 OS of the Tax Code the City Council will provide for and conduct two public hearings on the proposed tax rate and provide notice of these hearings and, WHEREAS at such hearings the Fort Worth City Council will afford adequate opportunity for proponents and opponents of the tax rate to present their views NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS 1 That an ad valorem tax rate of $0 8650 per $100 00 of taxable valuation of properties in the City of Fort Worth is being proposed for Fiscal Year 2005J06 2 That the City Council of the City of Fort Worth will hold two public hearings on a proposal to increase total revenue from properties on the tax roll in 2004 by 4 6095 percent 3 That the public hearings will be held on August 23 2005 at 10 00 a m and September 6 2005 at 7 00 p m in the City Council Chambers Fort Worth Municipal Building, 1000 Throckmorton Street, Fort Worth, Texas 76102 and an adequate opportunity will be afforded. for proponents and opponents of the proposed tax rate to present their views 4 That the City Secretary shall publish notice of such hearings as provided in Section 26 06(a) as amended by Senate Bill 18 of the Tax Code of the State of Texas i RESOLUTION NO 3245-08 2005 Adopted this 16t~ day of August, 2005 APPROVED AS TO FORM AND LEGALITY ~=~-c~' ---------------- -------- David Yett, City Att ey -~ ~~~~ ~ ~ ~ Y~~. •~ y ~ ~` may _ Marty~Hendrix Cit S~eci • ~, .~ raw ~~~~ ~~~ ~~y~~ ~ ~ Y APPROVED CITY COUNCIL AUG 1 6 2005 City Sec~of the S City of Fort Woxth,Qexa ~~4.8i •