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DRAFT <br />G:\Attorney\Lisa\Resolutions\CiJRRENT\Tax Rate Hearing Resolution-2002.wpd <br />August 23, 2002 <br />RESOLUTION NO. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, SETTING A PUBLIC HEARING ON THE PROPOSED TAX <br />INCREASE REQUIRED TO FUND AND BALANCE THE CITY <br />MANAGER'S PROPOSED BUDGET FOR FISCAL YEAR 2002-2003; <br />MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE <br />SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, the City Manager of the City of Paris presented to the City Council at <br />special session convened on the 27th day of August, 2002, the City Manager's proposed budget <br />which would require a tax rate of to fund a balanced budget as required by Section 59 of <br />the Charter of the City of Paris; and, <br />WHEREAS, in accordance with Section 26.05(c) of the Property Tax Code of the State <br />of Texas, a public hearing must be held at which the City Council must afford adequate <br />opportunity for proponents and opponents of the tax increase to present their views; and, <br />WHEREAS, an appropriate time and place for said public hearing is found to be the <br />day of September, 2002, at 6:00 p.m., in the Paris Junior College Applied Technology <br />Building, Room 1016, 2400 Clarksville Street, Paris, Texas; NOW, THEREFORE, <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br />Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br />Section 2. That a public hearing be, and the same is hereby, called for the day of <br />September, 2002, at 6:00 p.m., in the Paris Junior College Applied Technology Building, Room <br />1016, 2400 Clarksville Street, Paris, Texas, for the purpose of hearing the views of proponents <br />and opponents of the tax increase required to fund and balance the City Manager's proposed <br />budget for fiscal year 2002-2003. <br />Section 3. That the City Clerk of the City of Paris publish notice of said public hearing <br />in the Paris News on the 1 st day of September, 2002, setting forth the time and place of said <br />public hearing, which public hearing date is no sooner than the seventh (7th) day after said <br />publication date in accordance with Vernon's Texas Codes Annotated, Tax Code, Section <br />26.06(a). <br />