HomeMy WebLinkAbout1988-09-06 Public Hearing _________ _ .�.._.___ _____._.
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AGENDA �
CITY OF GRAPEVINE , TEXAS �:
SPECIAL CITY COUNCIL MEETING E
TUESDAY, SEPTEMBER 6 , 1988 AT 7 :00 P.M. �
COUNCIL CHAMBERS - MUNICIPAL COURT ROOM #205 �
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307 WEST DALLAS ROAD
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j CALL TO ORDER �.
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� PUBLIC HEARING �
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i 1 . City Council to conduct a public hearing relative to a �
! statement of intent to increase the tax rate calculated per
� the Property Tax Code. �
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� MISCELLANEOUS REPORTS AND/OR DISCUSSION �:
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ADJOURNMENT �
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IN ACCORDANCE WITH ARTICLE 6252-17 , V.A.T.C.S. , AS AMENDED BY �
CHAPTER 227 , ACTS OF THE 61ST LEGISLATURE, REGULAR SESSION, THE €
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; SPECIAL CITY COUNCIL MEETING AGENDA WAS PREPARED AND POSTED ON
i THIS THE 2ND DAY OF SEPTEMBER, 1988 AT 5: 00 P.M.
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� City ecretary
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i STATE OF TEXAS
COUNTY OF TARRANr
CITY OF GRAPEVINE
jThe City Council of the City of Grapevine, Texas met in Special Session on
� this the 6th day of September, 1988 at 7:00 p.m. in the Council Chambers,
� Municipal Court Roam #205, 307 West Dallas Road, with the follawing members
present to-�vit:
William D. Tate Mayor
� Ted R. Ware Mayor Pro Tem
1 Jim Glynn Council N1e.mb�r
� Sharron Spencer Council Member
Lynn R. Niedernleier Council Member
Gil Traverse Council Member
constituting a quorum, with Council Nlesnber C. Shane Wilbanks absent, with the
{' following members of the City Staff:
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i Dennis E. Dawson City Manager
� Kelvin Knauf Assistant City Manager
j John F. Boyle, Jr. City Attorney
� Linda Huff City Secretary
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' CALZ 'I�0 ORDER
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� Mayor Tate called the meeting to order at 7:08 p.m.
� ITF�I l. PUBLIC HEARCNG, INTENI' TO INCREA.SE TF� TAX RATE
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iMayor Tate declared open the public hearing for the purpose of a statement of
; intent to increase the tax rate as calculated pursuant to the Property Tax
Code.
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Finance Director Ralph Seeley offered comnents, noting a decrease was
proposed in the tax rate fran $0.44 to $0.405 per $100 valuation. The rate
�� decrease is due to an increased value in the tax role. The effective tax
rate calculated for the City is $0.389.
During the budget workshops, some items Council requested be considered in
the proposed budget increased the tax rate to $0.4275 based on a
$1,890,283,115 t� roll. If Council chooses to adopt a $0:44 tax rate, the
additional $0.0125 would generate $236,000 to be collected in the General
Fund, and Council could direct Staff in the budget ordinance to transfer the
money to the Debt Service Ftiuzd during the year.
Mayor Tate then invited members of the audience to speak regarding the issue,
and the following person offered cc�ments:
Dr. Terry Walker, 3830 W. T. Parr Road, questioned whether the proposed
budget would leave a short fall in the cash reserve fund.
There being no further comments by any me�nber of the audience or the City
Council, a motion to close the public hearing was made by Mayor Pro Tem Ware.
Council M�ember Spencer offered a second, and the mr�tion prevailed by the
, ensuing vote:
Ayes . Tate, Ware, Glynn, Spencer, Niedermeier, & Traverse
Nays . None
Absent: Wilbanks
� ADiTOUF�Il�NT
The deliberations of the City Council having been concluded, a m�tion to
adjourn the special meeting was offered by Council Member Traverse at �
7:20 p.m. Mayor Pro Tem Ware seconded the motion, which prevailed as
follaws:
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Ayes . Tate, Ware, G1ynn, Spencer, Niedermeier, & Traverse ;
Nays . None �
Absent: Wilbanks
PASSED AND APPROVED $Y �� CITY CbUNCIL OF TI� CITY {}F GR�PE;VINE, TEXAS on
this the 2Qth day a� Septeml�er , 19$8.
APPROVED:
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ATTEST:
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