HomeMy WebLinkAbout2006-0914B Set Component of MUD 1 Tax Rate for Maintenance & Operation Expenditures for 2006TROPHY CLUB MUNICIPAL UTILITY DISTRICT No. 1
RESOLUTION NO. 2006-0914B
A RESOLUTION TO SET THE COMPONENT OF THE MUD 1
TAX RATE FOR MAINTENANCE AND OPERATION
EXPENDlTLlRES FOR 2006, INCLUDING THE POR1-ION OF
SUCH TAX RATE TO SUPPORT THE FIRE DEPARTMENT
RESOLVED: Pursuant to Section 26.05 of the Texas Tax Code and
Sections 49.107 and 49.351 of the Texas Water Code, the Board of Directors of Trophy
Club Municipal Utility District No. 1 hereby finds that a tax rate of $.I 1011 per $100 of
taxable value, if applied to the total taxable value of property on the District's appraisal
roll for the 2006 tax year, will impose the amount of taxes needed to fund maintenance
and operation expenditures of the District for the next year, including fire department
operations. The Board further finds that of this tax rate for maintenance and operation
expenditures, $.09058 per $100 of taxable value is reasonable and necessary to
support the Fire Department under the plan previously approved by the District's
electors, and ,that the remainder of $.01953 per $100 taxable value is reasonable and
necessary to fund other maintenance and operation expenditures of the District.
It is therefore ordered by the Board of Directors of the District that the
component of the 2006 tax rate for maintenance and operation expenditures is hereby
set at $.I 1011 per $1 00 of taxable value of each property included on the appraisal roll
for the District for the 2006 tax year, of which $.09058 per $1 00 of taxable value shall be
used to support 'the Fire Department and the remaining $.01953 per $100 of taxable
value shall be used to fund other maintenance and operation expenditures of the
District.
PASSED AND APPROVED by the Board of Directors of the Trophy Club
Municipal Utility District No. 1, Trophy Club, Texas, this 14'~ day of September 2006.
ATTEST:
CERTIFICATE OF RESOLUTION (2006-0914B)
THE STATE OF TEXAS }
COUNTY OF DEhlTON }
COUNTY OF TARRANT}
I, the undersigned member of the Board of Directors of the Trophy Club
Municipal Utility District No. 1 of Denton and Tarrant Counties, Texas (the "District"),
hereby certify as follows:
1. That I am the duly qualified and acting Secretary of the Board of Directors of
the District, and that as such, I have custody of the minutes and records of the District.
2. 'That the Board of Directors of the District convened in Open Session at a
Special Meeting on September 14, 2006, at the regular meeting place thereof, and the
roll was called of the duly constituted officers and members of the Board of Directors, to
wit:
Dean Henry President
Gary Cantrell Vice President
Constance S. White Secretaryl'reasurer
Jim Hase Asst. Secretary
Neil Twomey Director
and Directors Henry, Cantrell, White, Hase and Twomey were present, thus constituting
a quorum, whereupon, among other business, the following was transacted at such
meeting: a written
RESOLUTION (2006-0914B) SETTING THE COMPONENT OF THE
MUD 1 TAX RATE FOR MAINTENANCE AND OPERATION
EXPENDI'TURES FOR 2006, INCLLIDING THE PORTION OF SUCH TAX
RATE TO SUPPORT THE FIRE DEPARTMENT
was duly introduced for the considera,tion of the Board of Directors. It was ,then duly
moved and seconded that such Resolution be adopted and, after due discussion, such
motion, carrying with it the adoption of such Resolution prevailed and carried by the
following vote:
AYES: 5
NOES: P)
Resolution (2006-091 4B) Certificate
Trophy Club Municipal Utility District No.1
3. That a true, full and correct copy of such Resolution adopted at such meeting
is attached to and follows this certificate; that such Resolution has been duly recorded
in the minutes of the Board of Directors for such meeting; that the persons named in the
above and foregoing Paragraph 2 were the duly chosen, qualified and acting officers
and members of the Board of Directors as indicated therein, that each was duly and
sufficiently notified officially and personally, in advance, of the time, place and purpose
of such meetirlg, and that such Resolution would be introduced and considered for
adoption at such meeting, and that each consented, in advance, to the holding of such
meeting for such purpose; that the canvassing of the officers and members of the Board
of Directors present at and absent from such meeting and of the votes of each on such
motion, as set forth in the above and foregoing Paragraph 2, is true and correct; and
that sufficient and timely notice of the hour, date, place and subject of such meeting was
given and posted as required by Chapter 551, Texas Gov. Code.
SIGNED AND SEALED the 14th day of September, 2006.