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1981-018 ResolutionRESOLUTION 81-18 WHEREAS, the City Council of the City of Southlake, Texas, deems it to be in the best interest of the Citizens of Southlake, to have taxes, AND, WHEREAS, the State of Texas has created a Single Appraisal Tax Authority to better serve its Citizens, AND, WHEREAS, the Property Tax Code of the State of Texas, Section 26.02 States that all property shall be assessed on the basis of 1000 (one hundred per cent) of its appraised value. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, THAT: The City of Southlake, City Council, hereby agrees to assess all its property based on 1000 (one hundred per cent) of its appraised value. PASSED AND APPROVED THIS 2nd day of June, 1981. 46rMayor A.T•TF. T : City Secretary t