HomeMy WebLinkAboutResolution - 2014-R0269 - Adopt Proposed Property Rate - 08/14/2014No. 2014-RO269
August 14, 2014
[tem No. 7.1
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 $0.52740 per $100 valuation that will result in additional revenue, and sets the
dates for public hearings on August 28, 2014 at 5:30 p.m. and on September 4, 2014 at 1:30
p.m. in the City Council Chambers located at 1625 13'' Street, Lubbock, Texas. A vote on
the tax rate shall be placed upon a future City Council agenda.
by the City Council this 14th
VOTING FOR PASSAGE:
Glen C. Robertson, Mayor
Victor Hernandez, District 1
Floyd Price, District 2
Jim Gerlt, District 4
Latrelle Joy, District 6
members present but not voting:
I members absent: None
day of August , 2014.
VOTING AGAINST PASSAGE:
Jeff Griffith, District 3
Karen Gibson, District 5
None
Garza, City
AS TO CONTENT:
Executive Director of Budget
AS TO FORM:
Rate Reso