HomeMy WebLinkAboutRES 1998-037 RESOLUTION NO. 98-37
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS APPROVING THE TAX ROLL FOR
1998 ON PROPERTY WITHIN THE CITY; AND PROVIDING
AN EFFECTIVE DATE
WHEREAS, on July 25, 1998, the Chief Appraiser of the Tarrant Appraisal
District approved and certified to the Grapevine City Council the Tax Roll for 1998
with a total appraised value $3,942,247,979, and having a net taxable value of
$3,595,634,492 plus $34,709,081 minimum taxable value of properties under
protest.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GRAPEVINE, TEXAS:
Section 1. That all matters stated in the preamble are true and correct and
are incorporated herein as if copied in their entirety.
Section 2. That the certified Tax Roll value for the year 1998 for the City of
Grapevine, Texas be and hereby approved in the amount of $3,942,247,979 for
k total appraised value.
Section 3. That the certified net taxable value (total appraised value less
exemptions) of$3,595,634,492 is approved.
Section 4. That in addition to the value shown in Section 3 above, the Chief
Appraiser has prepared a list of all properties pending disposition before the
Appraisal Review Board. A projected minimum value of $34,709,081 has been
assigned to this property.
Section 5. The amount of$3,364,557,985 has been used for calculation of
the effective tax rate as described in Section 26.04 of the State Property Tax Code.
Section 6. 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 3rd DAY OF August ,
, 1998.
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APPROVED: ,
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William D. Tate
Mayor
ATTEST:
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J C. Brown
A sistant City Secretary
APPROVED AS�O FORM:
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City Atto e
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RES. NO. 98-37 2