HomeMy WebLinkAboutResolution - 2010-R0377 - Proposed Property Tax Rate Increase - 08/12/2010Resolution No. 2010-RO377
August 12, 2010
Item No. 6.1
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 $0.48065 per $100 valuation that will result in additional revenue,
and sets the dates for public hearing on August 26, 2010 at 7:30 a.m. and on September 2,
2010 at 7:30 a.m. in the City Council Chambers located at 1625 13`h Street, Lubbock,
Texas. A vote on the tax rate shall be placed upon a future City Council agenda.
Passed by the City Council this _ August 12 .2010
TOM MARTIN, MAYOR
ATTEST:
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1. Rebekca Garza, City Secretary kj
APPROVED AS TO CONTENT:
Andy B ham, Chief Financial Officer
APPROVED AS TO FORM:
stant ttorney
as/Tax Public Hearing.Res.109
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