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RES 2001-26TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. 2001-26 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS APPROVING THE TAX ROLL OF THE DENTON CENTRAL APPRAISAL DISTRICT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Denton Central Appraisal District has presented a certified tax roll to the Town of Trophy Club, Texas, and WHEREAS, the Town Council desires to approve and accept such certified roll. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: Section 1. That the tax roll of the Denton Central Appraisal District for the Town of Trophy Club, Texas for the year 2001, a true and correct copy of which is attached as Exhibit A and incorporated herein by reference, is approved and accepted. Such tax roll shall constitute the Town's tax roll for the 2001 tax year. Section 2. That Exhibit B specifying the net taxable appraised value, the current 2001 tax rate approved by the Town Council, and the total tax actually levied for both real and personal property, is hereby approved and accepted. A copy of Exhibit B is attached hereto and incorporated herein. Section 3. That this Resolution shall become effective from and after its date of passage in accordance with law. PASSED AND APPROVED by the Town Council of on this the I" day of October, 2001. _n�PHV ATTES Town Secretary Town of Trophy {SEAL] Texas Town of Q:\TOV✓NSEC\All Resolutions\Res2001\Res 2001-26.doc Trophv Club, Texas Club, Texas APPROVED AS TO FORM: Town Attorney Town of Trophy Club, Texas Q:ATOWNSEC\All Resolutions\Rcs200 I \Res 2001-26.doc EXHIBIT "B" 2001 TAX ROLL FOR THE TOWN OF TROPHY CLUB, TEXAS Based on the 2001 certified roll dated 7/25/01 from the Denton Central Appraisal District, the net taxable appraised value, which was ARB approved, was listed as $497,682,065. The current 2001 tax rate ($.44051/$100 assessed value) approved by the Town Council, which has been imposed on each property included on the certified appraisal roll for the Town for 2001, totals $2,160,822 actual levy. The actual leery includes $2,090,948 for real property and $69,874 for personal property. The appraisal roll of $2,160,822, upon approval by the Town Council, shall constitute the 2001 tax roll for the Town of Trophy Club. I, Cathy M. Morgas, RTA, certify that the information in the above paragraph is complete to the best of my knowledge. Cathy M. Morgas, RTA Tax Assessor/Collector Q:\TOWNSEC\All Resolutions\Res2001\Res 2001-26.doc