Res 2401 9/25/1979RESOLUTION NO. 2401
RESOLUTION STATING INTENTION TO INCREASE
PROPERTY TAXES, GIVING NOTICE THEREOF AND
CALLING A PUBLIC HEARING THEREON.
WHEREAS, House Bill No. 18 , adopted during the second
called session of the 65th Legislature of the State of Texas,
stated that the governing body may not adopt a tax rate that
exceeds the rate calculated under Section 1 of such act by
more than 3 per cent until it has given public notice of its
intention to adopt a higher rate and has held a public hearing
on the proposed increase; and,
WHEREAS, it has been suggested by the City Manager that the
Board of Aldermen increase property taxes for the year 1979
by about 6. 5 per cent by adopting a tax rate of $1. 00 per $100
evaluation.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. It is the intention of the Board of Aldermen
to adopt a tax rate of $1. 00 per $100 evaluation, which would
increase property taxes by 6. 5 per cent over 1978 taxes, as
calculated in accordance with Section 1 of said House Bill
No. 18; public notice is hereby given of such intention.
SECTION 2. A public hearing on such increase will be
held on Thursday, October 4, 1979, at 5: 00 o'clock P.M. in
the City Council Room in the Memorial Auditorium building in
Wichita Falls, Texas.
PASSED AND APPROVED this the 25th day of September, 1979.
M A Y O
Pre
y;
ATTEST:
1 124/lE.,;le; lC-GZ'
City Clerk