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HomeMy WebLinkAbout029578 ORD - 07/31/2012Ordinance to ratify increase of $1,880,999 in property tax revenues from last year's operating budget as reflected in the 2012-2013 operating budget. Whereas, Section 102.007 (c) of the Texas Local Government Code provides that adoption of a budget that will require raising more revenue from property taxes than in the previous year requires a separate vote of the governing body to ratify the property tax increase reflected in the budget and that a vote under this subsection is in addition to and separate from the vote to adopt the budget or a vote to set the tax rate; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Council ratifies the increase of $1,880,999 in property tax revenues from last year's operating budget as reflected in the 2012-2013 Operating Budget. 029578 INDEXED That the foregoing ordi w_as read fort a first time and passed to its second reading on this the 11 Hay of , 2012, by the following vote: Joe Adame Chris N. Adler Kelley Allen Larry Elizondo Priscilla G. Leal That the foregp, ng ordinanc this the b\ -4 --day of Joe Adame Chris N. Adler Kelley Allen Larry Elizondo Priscilla G. Leal David Loeb John E. Marez Nelda Martinez Mark Scott waread for the second time and passed finally on , 2012, by the following vote: David Loeb John E. Marez Nelda Martinez Mark Scott PASSED AND APPROVED, this the 3I day of ATTEST: Armando Chapa City Secretary , 2012. Joe Adana% Mayor 029578