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HomeMy WebLinkAboutRES 1989-025 RESOLUTION N0. 89-25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, APPROVING THE TAX ROLL �^ FOR 1989 ON PROPERTY WITHIN THE CITY AND PROVIDING AN EFFECTIVE DATE � WHEREAS, on July 25 , 1989 the Chief Appraiser of the Tarrant Appraisal District approved and certified to the Grapevine City Council the Tax Roll for 1989 in the amount of $1 , 994 , 708, 974 . 00 plus $70 ,723, 271 . 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 1989 in the amount of $1, 994, 708, 974. 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 $70 ,723,271 . 00 has been assigned to this property. 8 Section 3 . The sum of the amounts shown in Section 1 and Section 2 above, have 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 15th day of Auqust , 1989 . APPROVED: ��(z'='��l�u William D. Tate Mayor ATTEST: '"�` Lin a Huf f City Secretary APPROVED AS TO FORM: � John F. Boyle, Jr. City Attorney