HomeMy WebLinkAboutResolution 40 aKt9.kI112a
WHEREAS, proposed Amendment No. 1 to the Constitution of the
State of Tax", which will be submitted on the ballot at the General
Election to be held on November 8, 1966, would, if adopted, permit
land designated by the owner for agricultural use to be assessed for
all tax purposes on the consideration of only those factors relative
to such agricultural use; and,
WHIMS, the adoption of such amendment would result in a
boom in land speculation by holding so-called agricultural land out
of development at low tax value, while such land increases in value,
and while surrounding land becomes urbanised; and,
WHEREAS, the cost of utility service will increase as a result
of the necessity for providing service to developed areas beyond
such undeveloped land; and,
WHEREAS, the adoption of Amendment No. 1 will cause an In-
crease in litigation as a result of the vague definitions in such
amendment, and,
WHEREAS, such amendment will create confusion in planning for
orderly municipal development, and,
WHEREAS, such designated land would not be taxed according to
its fair and equal share of the tax load, thus increasing the tax
rate of other property not so designated: NOW, THEREFORE,
BE IT RESOLVED BY THE CIT! COUNCIL OF THE CITY OF FORT WORTH,
TERAS,
That it go on record as opposing the adoption of Amendment
No. 1 which will be submitted on the ballot at the General Election
to be held on November g, 1966, as being an unsound tax policy and
detrimental to the cities and other political subdivisions of the
State, the consequences of which have not been fully considered, and
urges the voters to vote AGAINST Amendment No. 1 in the election on
November g, 1966.
PASSED AND APPROVED this 31st day of October, 1966.
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