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HomeMy WebLinkAboutRES 1987-037 RESOLUTION NO. 87_37 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, APPROVING THE TAX ROLL FOR 1987 ON ��` PROPERTY WITHIN THE CITY; AND PROVIDING AN EFFECTIVE DATE �:� WHEREAS, on July 24, 1987 the Chief Appraiser of the Tarrant Appraisal District approved and certified to the Grapevine City Council the Tax Roll for 1987 in the amount of $1 , 601, 724, 102 plus $47, 435, 398 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 1987 in the amount of $1 , 601, 724, 102 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 minimum value of $47, 435, 398 has been assigned to this property. 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 its date of passage, and it is accordingly so resolved. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 15th day of September , 1987 APPROVED: Mayor ATTEST: � � a� Cit Secretar � APPROVED AS TO FORM: �- '�1�/�� City Attorney