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Res 163-83 9/6/1983RESOLUTION NO. 163-83 RESOLUTION CALLING A PUBLIC HEARING AS REQUIRED BY SECTION 26 .06 OF THE TEXAS TAX CODE . WHEREAS, the Texas Tax Code requires a public hearing in the event that the proposed tax rate exceeds by more than three percent the calculated effective tax rate; and, WHEREAS, such effective tax rate is calculated to be $ . 69178 per $100 valuation; and, WHEREAS , it has been proposed that the tax rate be increased by 7 .90 percent over the effective tax rate. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Council will consider the proposed tax increase of 7 .90 percent over the effective tax rate; public notice will be given of this proposal to increase total tax revenues from properties on the tax rolls in 1982 by 7 .90 percent, and a public hearing on such proposal will be held on September 20 , 1983 at 8 :30 o 'clock a .m. in the Council Room of Memorial Auditorium building, at which hearing proponents and opponents of the tax increase will be afforded adequate opportunity to present their views . The City Clerk shall publish in a newspaper, not less than seven days before such public hearing, a notice of the public hearing in the form required by Section 26 .06 of the Texas Tax Code, and approved by the City Council on August 2 , 1983 . PASSED AND APPROVED this the 6th day of September, 1983 . 0 • Y O R ATTEST: C74/-/ City lerk