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HomeMy WebLinkAboutRES 2001-034 RESOLUTION NO. 2001-34 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS APPROVING THE TAX ROLL FOR 2001 ON PROPERTY WITHIN THE CITY; AND PROVIDING AN EFFECTIVE DATE WHEREAS, on July 25, 2001, the Chief Appraiser of the Tarrant Appraisal District approved and certified to the Grapevine City Council the Tax Roll for 2001 with a total appraised value $5,269,948,224, and having a net taxable value of$4,597,145,939 plus $166,186,832 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 2001 for the City of Grapevine, Texas be and hereby approved in the amount of $5,269,948,224 for total appraised value. Section 3. That the certified net taxable value (total appraised value less exemptions) of$4,597,145,939 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 $166,186,832 has been assigned to this property. Section 5. The amount of$4,589,025,228 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 the 6th day of August, 2001. APPROVED: William D. Tate Mayor ATTEST: u cicc� Lin a Huff *id( City Secretary APPROVED AS TO FORM: Matthew Boyle City Attorney RES. NO. 2001-34 2