Minutes TC 09/25/1998 - Special SessionMINUTES OF
SPECIAL TOWN COUNCIL
FORTHE
TOWN OF ' • J
SEPTEMBER 25, 1998
THE STATE OF TEXAS §
The Town Council of the Town of Trophy Club, met at 7:00 a.m. in a Special session Friday, September
25,1998. The meeting was held within the boundaries of the Town and was open to the public.
Jim Carter
Mayor
Ben Brewster
Council Member
Kevin Carr
Council Member
Kay Pratt
Council Member
Susan H. McCabe
Council Member
COUNCIL MEMBERS ABSENT:
Marshall Engelbeck Mayor Pro Tem
STAFF AND GUESTS PRESENT:
Donna Welsh
Diane Cockrell
Town Manager
Town Secretary
Mayor Carter called the meeting to order at 7:02 a.m., noting a quorum was present.
TOWN COUNCIL TO CONSIDER AND ADOPT AN ORDINANCE FIXING AND LEVYING
MUNICIPAL AD VALOREM TAXES FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
1998 AND ENDING SEPTEMBER 30, 1999, AND FOR EACH FISCAL YEAR THEREAFTER
UNTIL OTHERWISE PROVIDED, AT A RATE OF $.4060 PER ONE HUNDRED DOLLARS
(5100.00) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE
CORPORATE LIMITS OF THE TOWN AS OF JANUARY 1, 1998; 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.
Council Member Carr made a motion to adopt the Ordinance fixing the tax rate at .4060 per one hundred
dollars ($100.00) assessed valuation to provide revenues for the payment of current operation and
maintenance expenses. Council Member McCabe seconded; motion passed unanimously.
Page 2 Town Council/Regular Session September 25, 1998
TOWN COUNCIL TO CONSIDER AND ADOPT AN ORDINANCE FIXING AND LEVYING
MUNICIPAL AD VALOREM TAXES FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
1998 AND ENDING SEPTEMBER 30, 1999, AND FOR EACH FISCAL YEAR THEREAFTER
UNTIL OTHERWISE PROVIDED, AT A RATE OF $.0598 PER ONE HUNDRED DOLLARS
($100.00) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE
CORPORATE LIMITS OF THE TOWN AS OF JANUARY 1, 1998; DIRECTING THE
ASSESSMENT THEREOF TO PROVIDE REVENUES FOR THE PAYMENT OF CURRENT
INDEBTEDNESS OF THE TOWN; 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.
Council Member Brewster made a motion to adopt the Ordinance fixing the tax rate at .0598 per one
hundred dollars (S 100.00) assessed valuation to provide revenues for the payment of current indebtedness
of the town. Council Member Pratt seconded; motion passed unanimously.
Council Member Carr made a motion to adjourn at 7:10 a.m. Council Member McCabe seconded; motion
passed unanimously.
(Seal)
Town Secretary
M92598 DC