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HomeMy WebLinkAboutResolution - 2884 - Proposing Tax Rate Increase & Sets Public Hearing - 07/28/1988DGV:dw CCQnl IITTnhl Resolution #2884 July 2R, 1988 Item 19 WHEREAS, the City Council of the City of Lubbock proposes to adopt a tax rate for the next tax year which will exceed 103% of the effective tax rate for the current year; and WHEREAS, adoption of said tax rate increase requires a public hearing prior to such adoption pursuant to Section 26.05(c) of the Texas Property Tax Code; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT it is hereby proposed to consider a tax increase for the next tax year which will exceed 103% of the effective tax rate for the current year; and THAT it is hereby ordered that a public hearing on such proposed tax increase shall be conducted at 9:45 A M. on the 11th day of August, 1988. Passed by the City Council of the City of Lubbock on the 28th day of July , 1988. MEMBERS VOTING AYE: B. C. McMinn, Maggie Trejo, Joan Baker, T. J. Patterson, George Carpenter, Bill Maloy MEMBERS VOTING NAY: Gary Phillips *************************************** ATTEST:. - y Ranet a.Boyd, City Secretary APP OVED AS TO CONTENT: Robert Massengale, A4sistant City Manager for Financial Services C a B. C. Mc I N, MAYOR APPROVED AS TO FORM: Do d G. Vandiver, First Assistant City Attorney