Res 125-98 8/18/1998RESOLUTION NO.-
RESOLUTION EXPRESSING THE INTENT TO PLACE A
PROPOSAL TO ADOPT A PROPERTY TAX RATE EXCEEDING
THE NOTICE AND PUBLIC HEARING LIMIT ON A FUTURE CITY
COUNCIL AGENDA AND SCHEDULING A PUBLIC HEARING ON
THE PROPOSAL; DETERMINING THAT THE MEETING AT
WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE
PUBLIC AS REQUIRED BY LAW.
WHEREAS, State law prescribes specific procedures that local governments
must follow when setting property tax rates for the ensuing year; and
WHEREAS, the City Council is considering adopting a tax rate that generates
more tax revenue than the previous tax year; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. The City Council of the City of Wichita Falls hereby expresses its
intent to place an item on the September 15, 1998 City Council agenda adopting a
property tax rate of 51.2838 cents per $100 of assessed property value, and schedule
a public hearing to discuss the property tax rate for September 1, 1998.
SECTION 2. It is hereby officially found and determined that the meeting at
which this resolution was passed was open to the public as required by law
PASSED AND APPROVED this the 18th day of August, 1998.
MAYOR
ATTEST:
I City Clerk