95-07 O - Calling Election for Sales Tax Increase for Economic Development CITY OF PROSPER, TEXAS ORDINANCE NO. 9 5-0 7
AN ORDINANCE ADOPTED BY THE CITY COUNCIL OF THE
CITY OF PROSPER, TEXAS CALLING FOR AN ELECTION TO
CONSIDER A SALES AND USE TAX INCREASE OF ONE-HALF
(1/2) OF ONE (1) PERCENT FOR THE PROMOTION AND
DEVELOPMENT OF NEW AND EXPANDED BUSINESS
ENTERPRISES; PROVIDING FOR THE ELECTION TO BE HELD
ON MAY 6, 1995; PROVIDING FOR AN EFFECTIVE DATE AND
PROVIDING FOR THE PUBLICATION HEREOF.
WHEREAS, the City Council of the City of Prosper, Texas finds and determines
that it is in the best interest of the citizens of the City of Prosper, Texas to hold an
election requesting approval of a sales and use tax increase of one-half of one percent as
allowed by Article 5190.6(4A) of the Texas Labor Code for the promotion and
development of new and expanded business enterprises.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF PROSPER, TEXAS:
SECTION 1: A General Election is hereby ordered to be held on May 6, 1995.
Further, it is ordered that one of the propositions for the ballot on May 6, 1995 is to
vote FOR or AGAINST the adoption of a sales and use tax within the city for the
promotion and development of new and expanded business enterprises at the rate of
one-half of one percent.
SECTION 2: This Ordinance shall become effective immediately upon its •
passage and publication.
AN ORDINANCE CALLING FOR AN ELECTION TO CONSIDER A SALES AND USE TAX INCREASE OF 1/2 OF ONE PERCENT
FOR THE PROMOTION AND DEVELOPMENT OF NEW AND EXPANDED BUSINESS ENTERPRISES- Page 1
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PASSED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF
PROSPER, TEXAS, THIS 14TH DAY OF MARCH, 1995.
GR Y SMOTH MON, Mayor
ATTEST TO: APPROVED AS TO FORM:
SHIRLEY IrAC D. AY WOODS,
City Secretary City Attorney
AN ORDINANCE CALLING FOR AN ELECTION TO CONSIDER A SALES AND USE TAX INCREASE OF 1/2 OF ONE PERCENT
FOR THE PROMOTION AND DEVELOPMENT OF NEW AND EXPANDED BUSINESS ENTERPRISES- Page 2
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Printer's Fee $ /�`�?e No 95 0 7
L__i Estate of 4,11
PUBLISHER'S AFFIDAVIT
THE STATE OF TEXAS
COUNTY OF COLLIN,
On this day personals aPpea for th undersigned authority
one of the publisher's of E DAILY COURIER-GAZETTE published at McKin-
ney,Texas,who on oath says that the notice hereto annexed was published In
said newspaper
on the c.���. day of. - 19.96-
on the day of 19
_ - - aLs— Publisher
Sworn t?-and subscribed before me this c9)/
. _ . .... day ofl .. .... 9S
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Gou- otary Pub c, Coffin y, Texas