HomeMy WebLinkAboutResolution - 2008-R0263 - Proposed Property Tax Rate - 07_22_2008Resolution No. 2008-RO263
July 22, 2008
Item No. 6.7
RESOLUTION
WHEREAS, the City Council of the City of Lubbock desires to place a proposal to
adopt a property tax rate. that will result in additional revenue as outlined in Section
26.05(d) of the Tax Code of the State of Texas on the agenda of a future meeting as an
action item and schedule public hearings; NOW THEREFORE:
!BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council of the City of Lubbock hereby adopts a proposed
property tax rate of $0.45505 per $100 valuation that will result in additional revenue,
and sets the dates for public hearing on August 12, 2008 at 7:30 a.m. and on August 28,
2008 at 7:30 a.m. in the City Council Chambers located at 1625 13th Street, Lubbock,
.Texas. A vote on the tax rate shall be placed upon a future City Council agenda.
by the City Council this
22nd day of July , 2008
TOM MARTIN, MAYOR
ATTEST:
�Rebeeca Garza, City Secretary
APPROV AS TO C NTENT:
P
A. e
hi f financial Officer
APPROVED ASJO FORM:
y L. Sims, Assistant City Attorney
fax Public Hearing.Res
16.08