HomeMy WebLinkAbout08/29/2005 City Council
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August 29, 2005 Special Session
I MINUTES OF SPECIAL SESSION OF COUNCIL
HELD ON
AUGUST 29, 2005
The Special Session ofthe City Council ofthe City of The Colony, Texas, was called to order at 7:00
p.m. on the 29th day of August, 2005, at City Hall, 6800 Main Street, The Colony, Texas, with the
following roll call:
John Dillard Mayor Present
Allen Harris Councilmember Present
Scott Ward Councilmember Present
Joe McCourry Mayor Pro-tern Absent
Kirk Mikulec Councilmember Present
Perry Schrag Councilmember Present
Joel Marks Councilmember Present
And with six council members present a quorum was established and the following items were
addressed:
1. Public Hearing to discuss the proposed 2005-2006 tax rate of $ .72 per $100
valuation for the taxable value of all property real and personal, located with in the
I City of the Colony.
2. Announce the second of two required public hearings on the proposed 2005-2006
tax rate to be held on September 6, 2005 at 7:00 p.m.
Finance Director Rebecca Koo advised the council this is the first of two public hearings
required by the State when the proposed tax rate is higher than the effective tax rate or
rollback tax rate. A tax rate of 72 cents per $100 valuation of taxable property is being
proposed for 2005-2006, which is the same tax rate The Colony currently has. The effective
tax rate is 70.262 cents and the rollback tax rate is 74.679 cents.
Rebecca announced that the second public hearing is scheduled for September 6, 2005 at 7
p.m. and the meeting date to adopt the tax rate of72 cents is September 19, 2005 at 7 p.m.
Mayor Dillard opened the public hearing at 7:02 p.m., and with no one wishing to speak, the
public hearing was closed at 7:02 p.m. There was no discussion among council regarding the
tax rate.
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August 29, 2005 Special Session
And with no further business to discuss, the meeting was adjourned at 7 :03 p.m.
APPROVED:
Dillard, Mayor
ty of The Colony
ATTEST:
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