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HomeMy WebLinkAboutRES 88-194 R E S O L U T I O N WHEREAS, the City Council desires to hold a public hearing to consider a property tax increase to fund a street rehabilitation and/or other capital improvements program for the fiscal year commencing October 1 , 1988, and ending September 30, 1989; and WHEREAS, a public hearing is required if the tax rate is to be increased above Fifty-Four Cents ($0 . 54) per One Hundred Dollar ($100 .00 ) valuation; and WHEREAS, the City Council desires to provide herein a notice of such public hearing as provided by State law, at which time the proposed increase of Three Cents ($0 .03 ) per One Hundred Dollar ( $100.00 ) valuation in the tax rate for the specific purposes outlined herein would be subject to public comment; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT a public hearing be, and the same is, hereby established for 5:30 o'clock p.m. on the 22nd day of September, 1988, at which time the single subject of whether taxes should be increased above the Fifty-Four Cents ($0.54) per One Hundred Dollar ( $100.00) valuation level by Three Cents ( $0.03 ) per One Hundred Dollar valuation for the purpose of funding a street rehabilitation program will be discussed. PASSED BY THE CITY COUNCIL of the City of Beaumont this the _13 day of 1988. - Mayor - P2c--�l,,d