10-080 - O PISPER
TOWN OF
ORDINANCE NO. 10-080
AN ORDINANCE RATIFYING THE PROPERTY TAX REVENUE INCREASE REFLECTED
IN THE BUDGET FOR THE FISCAL YEAR OCTOBER 1, 2010 THROUGH SEPTEMBER 30,
2011 FOR THE TOWN OF PROSPER, TEXAS AS REQUIRED UNDER SECTION 102.007(C)
OF THE LOCAL GOVERNMENT CODE.
WHEREAS,the Town Council of the Town of Prosper, Texas adopted the budget for the fiscal period
beginning October 1, 2010 and ending September 30, 2011, in words and figures as adopted by
Ordinance No. 10-078; and
WHEREAS, Section 102.007 (c) of the Local Government code requires a separate vote of the
governing body to ratify the property tax revenue increase reflected in the budget.
NOW THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, COLLIN COUNTY, TEXAS:
SECTION 1: The Town Council hereby votes to "ratify"the property tax revenue increase
reflected in the budget as adopted by Ordinance No. 10-079.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS ON THIS 10 DAY OF SEPTEMBER, 2010 AT A MEETING WHICH WAS HELD IN
STRICT ACCORDANCE WITH THE TEXAS OPEN MEETING ACT.
RAY SMI"I"llMayo3
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C I"TI-JEW D. DENTON,TRMC '
I` wn Secretary `~
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