1990-059City of Southlake, Texas
RESOLUTION NO.90-59
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF SOUTHLAKE, TEXAS, SETTING
THE DATE TO CONSIDER A PROPOSAL TO
ADOPT A $0.4550 TAX RATE. PROVIDING
AN EFFECTIVE DATE.
WHEREAS, it has been determined that the City of
Southlake effective tax rate for 1990 is $0.40166; and,
WHEREAS, the proposed tax rate for 1990 of $0.4550
exceeds the notice and hearing limit of 1.03 times the effective
tax rate for 1990; and,
WHEREAS, Truth and Taxation provisions of the state
Property Tax Code requires the City Council to vote to place a
proposal to adopt the $0.4550 tax rate on the agenda of a future
meeting as an action item; now,
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, THAT:
Section 1: That all the above premises are found to be true and
correct and are incorporated into the body of this resolution as
if copied in their entirety.
Section 2: That the City Council of the City of Southlake,
Texas, hereby places a proposal to consider adopting a $0.4550
tax rate on the agenda of the September 4, 1990 Regular Council
Meeting, to be held at 7:30 p.m. in the City Hall, 667 North
Carroll Avenue, Southlake, Texas.
Section 3: That this Resolution shall be in full force and
effect from and after its passage.
PASSED AND APPROVED this the day of
CITY OF SOUTHLAKE, TEXAS
By: '., IZ' 1
y F ck , Mayor
City of Southlake, Texas
Resolution 90-59, Setting Date to Consider Tax Rate
page two
ATTEST:
andra L. LeGrand
City Secretary
APPROVED AS TO FORM:
City Attorney
City of Southlake, Texas
ca