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06-088 - R TOWN OF PROSPER,TEXAS RESOLUTION NO. 06-88 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY ESTABLISHING THE DATE, TIME AND LOCATION OF A PUBLIC HEARING ON THE FY 2006 PROPOSED TAX RATE. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER,TEXAS: SECTION 1: Whereas the Tax Code requires that the Town Council hold two public hearings on the proposed tax rate when the proposed tax rate exceeds the rollback rate or the effective rate, the Town Council hereby establishes the date and time of the public hearings for the proposed FY 2006 tax rate as 6:00 p.m. on Tuesday, September 5, 2006 and 6:00 p.m. on Friday, September 8, 2006 and establishes the Folsom Elementary School at 800 Somerville Drive in Prosper as the location of the public hearings. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 22nd day of August, 2006. Charles Ni wanger, Mayor ATTEST TO: ®_0011111//��1' �i®® OF PR i 4011P111. ®� �.jeeeeeee••O6, e. atthew D. Denton, Town Secretary • o 4 o o ,0\ o• O co oe '�'�/�/• tits „���`