95-08 O - Calling Election for Sales Tax Increase for Property Tax Reduction •
CITY OF PROSPER, TEXAS ORDINANCE NO. 9 5-0 8
AN ORDINANCE ADOPTED BY THE CITY COUNCIL OF THE
CITY OF PROSPER, TEXAS CALLING FOR AN ELECTION TO
CONSIDER AN ADDITIONAL SALES AND USE TAX INCREASE OF
ONE-HALF (1/2) OF ONE (1) PERCENT TO BE USED TO REDUCE
THE PROPERTY TAX RATE; 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 an additional sales and use tax increase of one-half of
one percent as allowed by § 321.101(b) of Texas Tax Code to be used to reduce the
property tax rate.
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 an additional sales and use tax within the city at
the rate of one-half of one percent to be used to reduce the property tax rate.
SECTION 2: This Ordinance shall become effective immediately upon its
passage and publication.
AN ORDINANCE CALLING FOR AN ELECTION TO CONSIDER AN ADDITIONAL SALES AND USE TAX INCREASE OF 1/2 OF
ONE PERCENT TO BE USED TO REDUCE THE PROPERTY TAX RATE-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 SMOTHER - , Mayor
ATTEST TO: APPROVED AS TO FORM:
SHIRLEY C 5 D. KAY WOODS,
City Secretary City Attorney
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AN ORDINANCE CALLING FOR AN ELECTION TO CONSIDER AN ADDITIONAL SALES AND USE TAX INCREASE OF 1/2 OF.
ONE PERCENT TO BE USED TO REDUCE THE PROPERTY TAX RATE-Page 2
Iw/03/15/95/I:/mbox8/prosper/salestax.ord/#870076.201
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Printer's Fee $ /?` / 9S-01
Estate of ark- -(.(0 ., eatP
PUBLISHER'S AFFIDAVIT
THE STATE OF TEXAS
COUNTY OF COLLIN, •
On this day personals appere - for the undersigned authority
one of the publisher's o HE DAILY COURIER-GAZETTE published at McKin-
ney,Texas,who on oath says that the notice hereto annexed was published In
said newspaper
on the day of A. 19.F5-
on the day of 19
Publisher
Sworn t'ciand subsiribed,before me this . .... day oa &...192.
or/(71//1otary Pub c, ollin C�ty, Texas
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