HomeMy WebLinkAbout1950-03-15 Special Meeting .
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- '�here being na furt�her business, ad jaurned
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i i�L`N SBCy G. ��te,�&t�yox' �
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�- meeting waa held in the City Hall on �arah 15, 1950, consisting �
� of ci�ti$ens of the town, and member;� of the City C�ouncil.
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� '�he purpoae of the meeting was tne dis�ussian of the looation �
sf a�air plane ` �im��. engine faatory, �r�d ar�y
induc�ement the a:�.ty had to offer them in lacating here. -
�t v�aa mo�ed by S.�B.Fayne and carried that the fallowing �
resol�ution be ado�ted. �
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* he ity un�cil f' th �it " af � � vin , Te as, oe h re y ;
a p -a� t� p icy arri ing th v ua on� o th in en o �
Yi�r siue con rn f t� pur ge th f cl �rin : e i3 use
� st iall the ame m thod � �t �ed y t e Gi o Y 11 s
de rmi ' g t act 1 v ue �t � e p can � s s in � �
asse sing Lhe perso al p pe y i t �it of e ev e.
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"�he City Cowncil, of tha �ity of �rapevine, Texas, does hereby
ado�t, as. its policy in arrivin� at the valuation� af the inventory
o� an� business concsrn for �n tax purposes the following :
"t�e �rill use substantally the same methoc3 as that usecl by the €
Gity ' 4f 13a11�� in de�er�tiva�.ng the actual v�lue af �said inven�ory �
�,nd will �as�ess thia value at the aame perc�nt��e as ue�ed in ;
as�,essia� other person�il praperty in the uity of �rapevine.'�
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