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HomeMy WebLinkAboutRES 2022-007RESOLUTION NO. 2022-007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, APPROVING THE TAX ROLLS FOR TAX YEAR 2022 ON PROPERTY WITHIN THE CITY; AND PROVIDING AN EFFECTIVE DATE WHEREAS, on or by July 25, 2022, the Chief Appraisers of the Tarrant, Dallas and Denton Appraisal Districts approved and provided to the Grapevine City Council the Tax Rolls for 2022 with a total appraised value of $16,429,116,309 and having a net taxable value of $10,438,758,327. Tarrant and Dallas Counties provided certified values while Denton County provided a certified estimate. Certified values will be provided at a later date; and WHEREAS, all legal prerequisites for the adoption of this resolution have been met, including but not limited to the Local Government Code and the Open Meetings Act; and WHEREAS, the City Council hereby declares that the approval of this resolution is in the best interests of the health, safety, and welfare of the public. 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 2022 for the City of Grapevine, Texas be and hereby approved in the amount of $16,429,116,3090 for total appraised value. Section 3. That the certified net taxable value (total appraised value less exemptions) of $10,438,758,327 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 $255,052,801 has been assigned to this property while a minimum value $307,144,209 in properties not on the rolls has also been assigned for tax rate calculation 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 2nd day of August, 2022. William D.-Tate Mayor ATTEST: # 4 hf 1 �A t Tara Brooks City Secretary � �- APPROVED AS TO FORM: Matthew C. G. Boyle City Attorney Resolution No. 2022-007 2