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Minutes TC 10/10/1988NOTICE OF COUNCIL MEETING TOWN OF TROPHY CLUB OCTOBER 10, 1988 THE STATE OF TEXAS ) > COUNTY OF DENTON ) The Town Council of the Town of Trophy Club met in Special Session on October 10, 1988 at the Municipal Utility District Building. The meeting was held within the boundaries of the Town and was open to the Public. Jim Carter Mayor Terry Vance Mayor Pro Tem Aldo Martignago Council Member Beverly Foley Council Member George Doran Council Member Absent: Council Member Hallgren Also present were members of the Town Staff: Tohn Hi] Jill Fiasconaro Jack Jacobs David Nolte Dan Boutwell CALL TO ORDER Attorney Secretary Treasurer Marshal Planner Mayor Carter called the meeting to order at 7:00 p.m. CONSIDERATION OF ORDINANCE: AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1988, AND ENDING SEPTEMBER 30, 1989, AND FOR EACH FISCAL YEAR THEREAFTER UNTIL OTHERWISE PROVIDED, AT A RATE QF $__12��PER ONE HUNDRED DOLLARS ($100.00) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE TOWN AS OF JANUARY 1, 1988; DIRECTING THE ASSESSMENT THEREOF TO PROVIDE REVENUES FOR THE PAYMENT OF CURRENT OPERATION AND MAINTENANCE EXPENSES; PROVIDING FOR DUE AND DELINQUENT DATES TOGETHER WITH PENALTIES AND INTEREST; REPEALING CONFLICTING ORDINANCES; PROVIDING A SAVINGS AND SEVERABILITY CLAUSE; AND DECLARING AN EFFECTIVE DATE. Page 2 Mayor Pro Tem Vance made a motion to levy Ad Valorem taxes for the fiscal year beginning October 1, 1988 and ending September 30, 1989 at a rate of 22.7 cents per one hundred dollars assessed valuation. Council Member Martignago seconded, motion carried unanimously. ADJOURN Mayor Pro Tem Vance made a motion to adjourn, Council member Martignago seconded, motion carried unanimously. ___ SECRETARY