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HomeMy WebLinkAboutResolution - 2013-R0264 - Adopt Proposed Property Tax Rate - 08/08/2013Resolution No. 2013-RO264 August 8, 2013 Item No. 6.11 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 $0.50441 per $100 valuation that will result in additional revenue, and sets the dates for public hearings on August 22, 2013 at 6:30 p.m. and on August 29, 2013 at 6:15 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. Passed by the City Council this 8th VOTING FOR PASSAGE: Glen C. Robertson, Mayor Karen Gibson, Mayor Pro Tem Council members present but not voting: Council members absent: day of August ,2013. VOTING AGAINST PASSAGE: Victor Hernandez, District 1 Todd Klein, District 3 ATTEST: Re6 ,cca Garza, City Secret APPROVED AS TO CONTENT: CA4 6",'J Cheryl Brock, Executive Director of Budget s City Attorney Reso.Tax Rate 8.8.13 GL RWRTSON, MAYOR