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1990-060City of Southlake, Texas RESOLUTION NO.90-60 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, SETTING THE DATE FOR THE PROPOSED TAX RATE INCREASE PUBLIC HEARING. WHEREAS, Chapter 26, of the Property Tax Code requires taxing units to comply with Truth and Taxation Laws in setting their tax rates; and, WHEREAS, the City Council of the City of Southlake has voted to consider a proposal to adopt a tax rate of $0.4550 on the September 4, 1990, City Council meeting, and, WHEREAS, the City of Southlake must publish special notices and hold a public hearing before adopting a tax rate that exceeds either the effective tax rate plus three percent or the rollback rate; and, WHEREAS, the public hearing on the proposed rate increase must be the only item on the agenda for the public hearing; 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 sets the date of the public hearing to increase taxes to $0.4550 for 1990, for August 30, 1990, at 7:00 p.m. at 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 C9/ day of , /110 CITY OF SOUTHLAKE, TEXAS By: Vary Ficlp6s,—Mayor City of South lake, Texas Resolution 90-60, Setting Date for Tax Increase Public Hearing page two ATTEST: S&ndra L. Le -Grand City Secretary APPROVED AS TO FORM: City Attorney City of Southlake, Texas I L .4 Ir 0