2000-124-RES SETTING A PUBLIC HEARING ON THE PROPOSED

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RESOLUTION NO. 2000-124 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, SETTING A PUBLIC HEARING ON THE PROPOSED TAX INCREASE REQUIRED TO FUND AND BALANCE THE CITY MANAGER'S PROPOSED BUDGET FOR FISCAL YEAR 2000-2001; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager of the City of Paris presented to the City Council at special session convened on the 24th day of August, 2000, the City Manager's proposed budget which would require a tax rate increase to fund a balanced budget as required by Section 59 of the Charter of the City of Paris; and, WHEREAS, in accordance with Section 26.05(c) of the Property Tax Code of the State of Texas, a public hearing must be held at which the City Council must afford adequate opportunity for proponents and opponents of the tax increase to present their views; and, WHEREAS, an appropriate time and place for said public hearing is found to be the 13th day of September, 2000, at 6:00 p.m., at the Red River Valley Fairgrounds in Building B, 1750 6th Street N.E.; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That a public hearing be, and the same is hereby, called for Wednesday the 13th day of September, 2000, at 6:00 p.m., at the Red River Valley Fairgrounds in Building B, 1750 6th Street N.E., for the purpose of hearing the views of proponents and opponents ofthe tax increase required to fund and balance the City Manager's proposed budget for fiscal year 2000- 2001. Section 3. That the City Clerk of the City of Paris publish notice of said public hearing in the Paris News by or before the 5th day of September, 2000, setting forth the time and place of said public hearing, which public hearing date is no sooner than the seventh (7th) day after said publication date in accordance with Vernon's Texas Codes Annotated, Tax Code, Section 26.06(a). Section 4. That this resolution shall be effective from and after its date of passage.