HomeMy WebLinkAbout2014-0916C Setting O & M Tax Rate for FireRESOLUTION NO. 2014-0916C
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.1
A RESOLUTION TO SET THE COMPONENT OF THE TROPHY
CLUB MUNICIPAL UTILITY DISTRICT N0.1 TAX RATE FOR
OPERATION AND MAINTENANCE EXPENDITURES FOR FY
2014-2015, 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 ofthe Texas Water Code, the Board ofDirectors of Trophy Club Municipal
Utility District No. 1 hereby finds that a tax rate of $0.09213 per $100 of taxable value, if
applied to the total taxable value of property on the District's appraisal roll for the 2014 tax year,
will impose the amount oftaxes needed to fund Operation and Maintenance Expenditures ofthe
District for the next year, including the Fire Department Operations. The Board further finds
that of this tax rate for Operation and Maintenance Expenditures, $0.07727 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$0.01486 per $100 taxable value is
reasonable and necessary to fund other Operation and Maintenance Expenditures of the District.
It is therefore ordered by the Board of Directors of the District that the component
of the 2014 tax rate for Operation and Maintenance Expenditures is hereby set at $0.09213 per
$100 of taxable value of each property included on the appraisal roll for the District for the 2014
tax year, of which $0.07727 per $100 of taxable value shall be used to support the Fire
Department and the remaining $0.01486 per $100 of taxable value shall be used to fund other
Operation and Maintenance Expenditures ofthe District.
ADOPTED AND APPROVED by the Board of Directors of the Trophy Club Municipal
Utility District No. 1, Trophy Club, Texas, this 16 1h day of September, 2014 .
Jim Moss, P ::,/aent
.A;?c;;_
Kevin R. Carr, Secretary/Treasurer
CERTIFICATE OF RESOLUTION
2014-0916C
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 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 16, 2014, at the regular meeting place thereof, and the roll was called of
the duly constituted officers and members of the Board ofDirectors, to wit:
Jim Moss
Jim Hase
Kevin R. Carr
James C. Thomas
Neil Twomey
President
Vice President
Secretary/Treasurer
Director
Director
and Directors Moss, Hase, Carr, and Twomey were present, thus constituting a quorum, Director
Thomas was absent, and whereupon, among other business, the following was transacted at such
meeting: a written
RESOLUTION 2014-0916C SETTING THE COMPONENT OF
THE TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
TAX RATE FOR MAINTENANCE AND OPERATION
EXPENDITURES FOR FY 2014-2015, INCLUDING THE
PORTION OF SUCH TAX RATE TO SUPPORT THE FIRE
DEPARTMENT.
was duly introduced for the consideration of the Board of Directors. It was then duly moved and
seconded that Resolution be adopted and, after due discussion, such motion, carrying with it the
adoption of sue: ::~1 4-n prevailed and carried by the following vote:
NOES:-;
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 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, as amended .
SIGNED AND SEALED the 161h day of September, 2014.
Kevin R. Carr, Secretary
Board of Directors
a rie Slaght
District Secretary