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15-47 - OTOWN OF PROSPER, TEXAS ORDINANCE NO. 15-47 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, APPROVING THE 2015 APPRAISAL ROLL; REPEALING ALL CONFLICTING ORDINANCES; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Denton Central Appraisal District (DCAD) and the Collin Central Appraisal District (CCAD) prepare the certified appraisal rolls and rolls under protest of the taxable property in the Town of Prosper, Texas (Town); and WHEREAS, the Town uses the certified from the DCAD and CCAD to calculate the tax property in the Town; and appraisal rolls and rolls under protest received rate and rollback tax rate applicable to taxable WHEREAS, approval by the Town of the certified appraisal roll is required by state law as an integral part of the Town's ability to levy and collect property taxes. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, THAT: SECTION 1 All of the above premises are hereby found to be true and correct legislative and factual determinations of the Town and they are hereby approved and incorporated into the body of this Ordinance as if copied in their entirety. SECTION 2 The Town Council hereby approves the certified total taxable (before freeze loss) value on the 2015 appraisal roll of the Town in the amount of $2,302,948,940 assessed valuation, based on the certified appraisal rolls and rolls under protest as approved by the Appraisal Review Boards of the DCAD and the CCAD. SECTION 3 Any and all ordinances, resolutions, rules, regulations, policies, or provisions in conflict with the provisions of this Ordinance are hereby repealed and rescinded to the extent of the conflict herewith. SECTION 4 If any section, paragraph, sentence, clause, phrase or word in this Ordinance, or application thereof by any persons or circumstances is held invalid in any court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this Ordinance; and, the Town Council hereby declares it would have passed such remaining portions of this Ordinance despite such invalidity, which remaining portions shall remain in full force and effect. DULY PASSED, TOWN OF PROSPER, AUGUST, 2015. 11 APPROVED, AND ADOPTED BY THE TOWN COUNCIL OF THE TEXAS, BY A VOTE OF TO 0 , ON THIS 11TH DAY OF Robyn Ba ftle Town Secretary APPROVED AS TO FORM AND LEGALITY: Terrence S. WelI7, Town Attorney Ordinance No. 1547, Page 2 APPROVED: Ray Smit , Mayor