HomeMy WebLinkAbout2008-0909-C Set the Component of MUD 1 Tax Rate for Maintenance and Operation Expenditures for 2008TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.1
RESOLUTION NO. 2008-0909-C
A RESOLUTION TO SET THE COMPONENT OF THE MUD 1
TAX RA TE FOR MAINTENANCE AND OPERATION
EXPENDITURES FOR 2008, INCLUDING THE PORTION 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 $.13081 per $100 of taxable value, if applied
to the total taxable value of property on the District's appraisal roll for the 2008 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, $.11602 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 $.01479 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 2008 tax rate for Maintenance and Operation expenditures is hereby set at $.13081 per
$100 of taxable value of each property included on the appraisal roll for the District for the 2008
tax year, of which $.11602 per $100 of taxable value shall be used to support the Fire
Department and the remaining $.01479 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 9th day of September 2008.
ATTEST:
DNo.l
(SEAL)
".
CERTIFICATE OF RESOLUTION (2008-0909-C)
THE STATE OF TEXAS}
COUNTY OF DENTON }
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 Regular
Meeting on September 9, 2008, 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 Secretary/Treasurer
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 (2008-0909-C) SETTING THE COMPONENT OF THE
MUD 1 TAX RATE FOR MAINTENANCE AND OPERATION
EXPENDITURES FOR 2008, INCLUDING THE PORTION OF SUCH
TAX RATE TO SUPPORT THE FIRE DEPARTMENT
was duly introduced for the consideration ofthe 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: 0
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 meeting, and that such Resolution would be introduced and considered for
adopti<;m 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 9th day of September, 2008.
Secretfu.y, Board of Directors