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HomeMy WebLinkAboutRES 2009-029 RESOLUTION NO. 2009-29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS APPROVING THE TAX ROLLS FOR 2009 ON PROPERTY WITHIN THE CITY; AND PROVIDING AN EFFECTIVE DATE WHEREAS, on July 25, 2009,the Chief Appraisers of the Tarrant, Dallas and Denton Appraisal Districts approved and certified to the Grapevine City Council the Tax Rolls for 2009 with a total appraised value $7,001,394,253 and having a net taxable value of$5,829,604,089. 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 year 2009 for the City of Grapevine, Texas be and hereby approved in the amount of $7,001,394,253 for total appraised value. Section 3. That the certified net taxable value (total appraised value less exemptions) of$5,829,604,089 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 $234,477,896 has been assigned to this property and $281,966,229 in properties not on the rolls. 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 18th day of August, 2009. APPROVED: it 7r, w liam D. Tate Mayor ATTEST: cti,42;e4e..„ Linda Huff City Secretary APPROVED AS TO FORM: John F. Boyle, Jr. City Attorney RES. NO. 2009-29 2