HomeMy WebLinkAboutRES 2011-054 RESOLUTION NO. 2011-54
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS APPROVING THE TAX ROLLS FOR
2011 ON PROPERTY WITHIN THE CITY; AND PROVIDING
AN EFFECTIVE DATE
WHEREAS, on July 26, 2011, the Chief Appraisers of the Tarrant, Dallas and
Denton Appraisal Districts approved and certified to the Grapevine City Council the Tax
Rolls for 2011 with a total appraised value$9,117,376,099.00 and having a net taxable
value of$5,912,257,208.00.
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 Rolls value for the tax year 2011 for the City of
Grapevine, Texas be and hereby approved in the amount of
$9,117,376,099.00 for total appraised value.
Section 3. That the certified net taxable value (total appraised value less
exemptions) of$5,912,257,208.00 is approved.
Section 4. That in addition to the value shown in Section 3 above, the Chief
Appraisers have prepared a list of all properties pending disposition before the
Appraisal Review Board. A projected minimum value of $129,132,803.00 has been
assigned to this property and $115,060,323.00 in properties not on the rolls, for a total
of$6,156,450,334.00 used for budget purposes.
Section 5. 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 16th day of August, 2011.
APPROVED:
_14-).)...,...—
William D. Tate
Mayor
ATTEST:
Lind Huff
City Secretar
APPROVED AS TO FORM:
0111111*Ati21 •
Doug onner,
Assistant City Attorney
RES. NO. 2011-54 2