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HomeMy WebLinkAboutResolution - 2012-R0311 - Adopt Proposed Property Tax Rate - 08/09/2012RRsolution No. 2012—RO311 August 9, 2012 Item leo. 6.1 RESOLUTION WHEREAS, the City Council of the City of Lubbock desires to place a proposal to ipt a property tax rate that will result in additional revenue as outlined in Section 05(d) of the Tax Code of the State of Texas on the agenda of a future meeting as an ion item and schedule public hearings; NOW THEREFORE: 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 ix rate of $0.49211 per $100 valuation that will result in additional revenue, and sets the ates for public hearings on August 23, 2012 at 6:30 p.m. and on August 30, 2012 at 6:30 .m. in the City Council Chambers located at 1625 13'' Street, Lubbock, Texas. A vote n the tax rate shall be placed upon a future City Council agenda. (Passed by the City Council this 9th day of August , 2012. GLE . RO ERTSON, MAYOR ATTEST: li be ca Garza, City Secret(i) (APPROVED AS TO CONTENT: Ch� Cheryl Br ck, Budget Director (APPROVED AS TO FORM: Sims, distant City Attorney Res.Proposed Property Tax Rateg.9.12 7.30.12