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HomeMy WebLinkAboutOrder No. 2017-0919B Levying Operation and Maintenance Tax for 2017 Tax yearOrder No. 2017-09198 Levying Operations and Maintenance Tax for 2017 Tax Year CERTIFICATE OF ORDER NO. 2017-0919B THE STATE OF TEXAS § COUNTIES OF DENTON AND TARRANT § I, the undersigned member of the Board of Directors of 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 19, 2017, 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: Kevin R. Carr President Gregory Wilson Vice President William C. Rose Secretary/Treasurer James Hase Director James C. Thomas Director All members of the Board were present except Kevin R. Carr , thus constituting a quorum. Whereupon, among other business, the following was transacted at such meeting: AN ORDER LEVYING OPERATION AND MAINTENANCE TAX FOR 2017 TAX YEAR. was duly introduced for the consideration of the Board of Directors. It was then duly moved and seconded that Order be adopted and, after due discussion, such motion, carrying with it the adoption of such Order prevailed and carried by the following vote: AYES: 3 NAYS: I 3. That a true, full and correct copy of such Order adopted at such meeting is attached to and follows this certificate; that such Order 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 Order 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, Adopted on September 19, 2017 Order No. 2017-09196 Levying Operations and Maintenance Tax for 2017 Tax Year 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 191" day of September, 2017. William C. Rose ecretary/Treasurer Board of Directors Adopted on September 19, 2017 Order No. 2017-09196 Levying Operations and Maintenance Tax for 2017 Tax Year ORDER NO. 2017-0919B TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 AN ORDER LEVYING OPERATION AND MAINTENANCE TAX FOR 2017 TAX YEAR WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is a duly created and existing municipal utility district created and operating under Chapters 49 and 54 of the Texas Water Code, as amended; WHEREAS, Section 49.107 of the Texas Water Code provides that a district may levy and collect a tax for operation and maintenance purposes; WHEREAS, at an election properly conducted in accordance with all applicable laws, the eligible residents of the District previously authorized the levy and collection of District maintenance taxes; WHEREAS, the Board of Directors of the District approved a proposed ad valorem tax rate for the 2017 tax year at a meeting conducted on August 15, 2017; WHEREAS, in accordance with the requirements set forth at Section 49.236 of the Texas Water Code and other applicable laws, the District has given proper notice and conducted a public hearing regarding the adoption of ad valorem tax rates for the 2017 tax year; WHEREAS, after conducting the public hearing, the Board of Directors of the District desires to proceed with the levy and collection of an operation and maintenance tax for the 2017 tax year; and WHEREAS, the District has complied with the applicable requirements of the Texas Water Code and other statutes relating to the procedures for establishing ad valorem taxes by municipal utility districts. Now, Therefore, BE IT ORDERED BY THE BOARD OF DIRECTORS OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 THAT: Section 1. The facts and recitations found in the preamble of this Order are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. Section 2. There is hereby levied for the 2017 tax year an ad valorem operation and maintenance tax rate of $0.07658 on each $100 of taxable value on all taxable property within the District. Section 3. The Board hereby declares its intention that the tax rate hereby adopted be allocated between funding operation and maintenance expenditures of the District's Fire Department and other departments as follows: Adopted on September 19, 2017 Order No. 2017-09198 Levying Operations and Maintenance Tax for 2017 Tax Year (i) $0.06870 per $100 of taxable value is hereby declared reasonable and necessary to fund operation of the District's Fire Department under the plan previously approved by the District's resident electors; and (ii) $0.00788 per $100 taxable value is hereby declared reasonable and necessary to fund the remaining operation and maintenance expenditures of the District that are not otherwise funded with other sources of lawful revenues. Section 4. The Board of Directors hereby finds and declares that the tax rate adopted and levied by this Order does not exceed the maximum tax rate authorized by the voters of the District. Section 5. All taxes collected pursuant to this Order, after paying reasonable costs of levying, assessing and collecting same, shall be used for authorized operation and maintenance tax purposes, as may be specified by the Board of Directors in accordance with applicable laws. ADOPTED, PASSED AND APPROVED this 19th day of September 2017. Grego Wilson, Vice President Board of Directors ATTEST: William C. Rose, ecretary/Treasurer �vrjjClAq4 Board of Directors \vJ� ,PNT coo, , e •y0 e y • � CoeZZ �T ° U \ • Q 4auSlaght, Distric Secre r Adopted on September 19, 2017