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HomeMy WebLinkAboutRES 1994-038 � RESOLUTION N0. 94-38 �, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, APPROVING THE TAX ROLL FOR 1994 ON PROPERTY WITHIN THE CITY; AND PROVIDING AN EFFECTIVE DATE WHEREAS, on July 25, 1994, the Chief Appraiser of the Tarrant Appraisal District approved and certified to the Grapevine City Council the Tax Roll for 1994 in the amount of 52,563,480,136.00 plus 550,612,308.00 current net taxable value of properties under protest. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1 . That the certified Tax Roll value for the year 1994 in the amount of 52,563,480,136.00 for the City of Grapevine, Texas, be and hereby is approved. � � Section 2. In addition to the value shown in Section 1 above, the Chief Appraiser has prepared a list of all properties pending disposition before the Appraisal �� Review Board. A projected minimum value of 550,612,308.00 has been assigned to this property. Section 3. The sum of the amounts shown in Section 1 and Section 2 above, has been used for calculation of the effective tax rate as described in Section 26.04 of the State Property Tax Code. Section 4. That this resolution shall take effect from and after the date of its passage. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 16th day of Auqust , 1994. APPROVED: ,� —�. W� liam D. Tate � Mayor � ATTEST: .� ' Linda Huff City Secretary APPROVED AS TO FORM: John F. Boyle, Jr. City Attorney �„ . �,� � � RES. N0. 94-38 2