79-05 O - Increasing Tax Rate on Taxable Property within the City Limits 7 - 5�
AN ORDINANCE
INCREASING THE TAX RATE ON ASSESSPD VALUATION
OF TAXABLE PROPERTY WITHIN THE CITY LIMITS OF
TIIE TOWN OF PROSPER, TEXAS, COUNTY OF COLLIN
Whereas, Article VIII, Section 3, of the Constitution of the
State of Texas provides for the levying of taxes for public use;
and
Whereas, certain services for the people residing within the
city limits of the Town of Prosper are supported by Tax Revenue
only; and
Whereas', these services cannot be provided from revenue generated
by the present tax structure, and in order to meet the budget
for the year 1979 which includes desirable services to the people
of the Town of Prosper, •
Therefore, the Town Council of Prosper, Texas, meeting in regular
session August 14, 1979 votes unanimously it's Intent to increase
taxes by fifty six per cent (56) effective for the year 1979.
Passed and approved this 14th. 4 '' of August 1979.
4? "
Ral C. Bo Mayor
Town of Prosper
ATTEST:
44
Mattie P. Bridged
Secretary
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4 NOTICE OF TAX INCREASE
The Town Of Prosper, Texas Proposes to Increase Your Property Taxes
By .5, % (PERCENT).
A Public Hearing On The Proposed Increase Will Be Held On //S t
'day of /2(.zii 1979, at /. ." . p
.m. At L/i L A: / 1_ /y
The Governing Body Of The Town Of Prosper, Texas Has Considered the
Proposal and Voted in a ' Regular Meeting of the Council On Q41 c /f, /i'27
tlW 1979. As follows:
VOTING FOR THE INCREASE • VOTING AG ST T INCREASE
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