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HomeMy WebLinkAboutResolution No. 09-070 CITY OF THE COLONY, TEXA RESOLUTION NO. 09- M A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, RATIFYING THE BUDGET FOR THE FISCAL YEAR 2009-2010 THAT WILL REQUIRE RAISING MORE REVENUE FROM PROPERTY TAXES THAN THE PREVIOUS YEAR; AND PROVIDING AN EFFECTIVE DATE WHEREAS, following public notice duly posted and published in all things as required by law, a public hearing was held, by and before the City Council of the City of The Colony, the subject of which was the proposed budget for the City of The Colony for Fiscal Year 2009-2010; and WHEREAS, House Bill 3195, as adopted at the Regular Session of the 80th Legislature requires a separate vote on a budget that will require raising more revenue from property taxes than the previous year. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS THAT: Section 1. The City Council hereby approves a record vote for the adoption of a budget for Fiscal Year 2009-2010 which will raise more revenue from property taxes than the previous year. Section 2. This Resolution shall become effective immediately from and after its passage, as the law and charter in such cases provides. PASSED, APPROVED and EFFECTIVE this 21St day of September, 2009. G J e McCou , Mayor City of The olony, Texas E . ristie Wilson, City Secretary, City of The Colony, Texas .tg APPR V FORM: Robert E. Hager, Ay Attorney City of The Col y, Texas Page 1 TM 19833.76.000