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HomeMy WebLinkAboutResolution - 102766D - Opposition To Amendment 1 (Tax Policy) Which Will Be On General Election Ballot - 10_27_1966 __V A RESOLUTION ( ° OPPOSING AND URGING THE. DEFEAT OF �- AMENDMENT NO. 1 ON THE BALLOT AT THE GENERAL ELECTION TO BE HELD ON NOVEMBER 8, 1966 WHEREAS, proposed Amendment No. 1 to the Constitution of the State of Texas. which will be submitted on the ballot at the General Election to be held on November 8, 1966, would, if adopted, permit land designated by the owner for agricultural use to be assessed for all tax purposes on the consideration of only those factors relative to such agricultural use; and WHEREAS, the adoption of such amendment would result in a boom in land speculation by holding so-called agricultural land out of development at low tax value, while such land increases in value, and while surrounding land becomes urbanized; and WHEREAS, the cost of utility service will increase as a result of the necessit for providing service to developed areas beyond such undeveloped land; and WHEREAS, the adoption of Amendment No. 1 will cause an increase in litigation as a result of the vague definitions in such amendment; and WHEREAS, such amendment will create confusion in planning for orderly municipal development; and WHEREAS, such designated land would not be taxed according to its fair and equal share of the tax load, thus increasing the tax rate of other property not soi.de§ ;gnAted;: NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lubbock, Texas, that it go on record as opposing the adoption of Amendment No. 1 which will be submitted on the ballot at the General Election to be held on November 8, 1966, as being an unsound tax policy and detrimental to the cities and other political subdivisions of the State, the consequences of--which have not been fully considered, and urges the voters to vote AGAINST Amendment No. 1 in the election on November 8, 1966. PASSED AND APPROVED this 27t" day of October, 1966. W. D. ROGERS, J yor ATTESTS r Lavenia Lowe, City(Secretary-Treasurer