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RESOLUTION NO. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />TEXAS, CALLING A PUBLIC HEARING TO RECEIVE PUBLIC <br />COMMENT ON THE CITY'S PROPOSED PROPERTY TAX RATE FOR <br />FISCAL YEAR 2020-2021; MAKING OTHER FINDINGS AND <br />PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN <br />EFFECTIVE DATE. <br />WHEREAS, on August 10, 2020, the City Manager of the City of Paris presented <br />his proposed budget for Fiscal Year 2020-2021 which would not require an increase <br />in the current tax rate of .51608 per $100 of value to fund a balanced budget as <br />required by Section 59 of the Charter of the City of Paris; and, <br />WHEREAS, in accordance with Chapter 26 of the Texas Tax Code, a public <br />hearing must be held at which the City Council must afford adequate opportunity for <br />proponents and opponents of the proposed tax rate to present their views; and, <br />WHEREAS, the public hearing on the proposed tax rate shall be at 5:30 p.m. on <br />September 14, 2020, in the City Council Chamber, 107 E. Kaufman Street, Paris, <br />Texas; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble to this resolution are <br />hereby in all things approved. <br />Section 2. That a public hearing be, and the same is hereby, called for <br />September 14, 2020, at 5:30 p.m., in the City Council Chamber, 107 E. Kaufman Street, <br />Paris, Texas, for the purpose of hearing the views of proponents and opponents to the <br />City's proposed tax rate for Fiscal Year 2020-2021. <br />Section 3. That the City Clerk of the City of Paris shall publish notice of said <br />public hearings substantially in accordance with the Notice of 2020 Tax Year <br />Proposed Property Tax Rate attached hereto and incorporated herein as Exhibit "A", <br />in the Paris News on or before the 3rd day of September, 2020, setting forth the date, <br />time and place of said public hearings. <br />Section 4. That this resolution shall be effective from and after its date of <br />passage. <br />PASSED AND APPROVED this 24th day of August, 2020. <br />