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HomeMy WebLinkAboutResolution - 2017-R0283 - Proposed Property Tax Rate - 08/10/2017Resolution No.2017-R0283 Item No.7.10 August 10,2017 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 $0.53802 per $100.00 valuation that will result in additional revenue,and sets the dates for public hearings at 5:30 p.m.,August 24,2017,and at 1:30 p.m.,September 7,2017,in the City Council Chambers located at 1625 13th Street,Lubbock,Texas.A vote on the tax rate shall be placed upon a future City Council agenda. Passed bytheCity Council this lQth dayof August ,2017. VOTING FOR PASSAGE:VOTING AGAINST PASSAGE: Mayor Daniel M. Pope Mayor Pro Tern Latrelle Joy Council Member Juan A.Chadis Council Member Shelia Patterson Harris Council Member Jeff Griffith Council Member Steve Massengale Council Member Karen Gibson Council members present but not voting: N/A Council members absent:N/A Tax Rate Resolution 17-18 7-27-17 **** DANIEL M. POPE, MAYOR ATTEST: Reb cca Garza, City Secret y APPROVED AS TO CONTENT: D. u Kostilich, Chief Financial Officer APPROVED AS TO FORM: Tax Rate Resolution 17-18 7-27-17