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Resolution 2004-19 RESOLUTION NO. 2004-19 (R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, ACCEPTING THE PROPOSED PROPERTY TAX RATE FOR FISCAL YEAR 2004-2005; ACCEPTING THE CALCULATION OF AN EFFECTIVE TAX RATE; ESTABLISHING A DATE FOR PUBLIC HEARING ON THE PROPOSED PROPERTY TAX RATE; AND PROVIDING FOR THE PUBLICAITON AS PROVIDED BY THE TEXAS PROPERTY TAX CODE WHEREAS, the City of Wylie has received the calculated effective taxmte as presented by the Collin County Tax Assessor/Collector's Office; and WHEREAS, the proposed tax rate exceeds 103 percent of the effective tax rate and the Statute requires an additional public hearing in order to entitle the City Council to consider acceptance and adoption of an ordinance levying a proposed tax rate of$0.695 per $100 valuation; and WHEREAS, the Texas Property Tax Code Chapter 26, as heretofore amended, provides the specific procedures in which to consider the proposed tax rate; NOW, THEREFORE, BE IT RESOLVED by the City Council ofthe City of Wylie, Texas, SECTION 1. The City Council of the City of Wylie, Texas, does hereby accept the rate of $0.695 per $100 valuation as the proposed property tax rate for fiscal year 2004-2005. SECTION 2. The City Council of the City of Wylie, Texas, met in a public meeting on August 10,2004, and accepted this resolution with a majority vote as follows: Mayor John Mondy YEA v' NAY ABST AIN ABSENT Mayor Pro Tern Eric Hogue YEA ~ NAY ABSTAIN ABSENT Councilmember Reta Allen YEA -Z- NAY ABST AIN ABSENT Councilmember lC. Worley YEA~ NAY ABST AIN ABSENT Councilmember Merrill Young YEA , NAY ABST AIN ABSENT Councilmember Earl Newsom YEA~ NAY ABST AIN ABSENT Councilmember Chris Trout YEA -vr- NAY ABST AIN ABSENT SECTION 3. A public hearing shall be held on August 31, 2004, at 6:00 p.m. in the City Council Chambers at the Wylie Municipal Complex, 2000 Highway 78 North, Wylie, Texas, to receive public comment regarding the proposed tax rate. SECTION 4. The content and vote taken on this resolution shall be published in the official newspaper of the City as provided by the Texas Property Tax Code. DULY RESOLVED by the City Counc\'\{,fthe City of Wylie, Texas, on this the loth day of ,,\1 m"'l . August 2004. """ 0 F Wi, '/ '" ;/ ,',L ~ ........ Y: ""''',./ ...--/ $" "......... .... .... -" ~ ()......, . ~ ~ . !f..~ :: (:;' l'\ L ~ \. 'if:"~:~_'."J i ... ~ .... .... .$" ;", I1r ........ ~C:;,~ I'I'II,;L IE, -Cr...'}.,,\'\'" "'1/11\1\\\\'