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HomeMy WebLinkAboutRES 091206-M - Gtown Village PID BudgetRESOLUTION NO. 094Z©I ,n A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, APPROVING THE 2006/07 BUDGET AND RELATED PROPERTY TAX ASSESSMENT FOR THE GEORGETOWN VILLAGE PUBLIC IMPROVEMENT DISTRICT #1, WHEREAS, the City is required by State Law to approve the proposed budget and related property tax assessment for the Georgetown Village Public Improvement District #1 (PID); and WHEREAS, the proper notice of the property tax assessment was published in the Williamson County Sun, on August 30, 2006; and WHEREAS, the assessment supports the service plan for the PID as previously established. N OW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN TEXAS, THAT: S ECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim The City Council hereby finds that this ordinance implements the following policy of the Century Plan - Policy Plan Element: 1. Finance Policy End 14.0, which states: "All municipal operations are conducted in an efficient business -like manner and sufficient financial resources for both current and future needs are provided", and further finds that the adoption of this resolution is not inconsistent or in conflict with any other Century Plan Policies as required by Section 2.03 of the Administrative Chapter of the Policy Plan. S ECTION 2. The City Council of the City of Georgetown hereby approves the proposed budget and property tax assessment for the Georgetown Village Public Improvement District #1 to be adopted and levied as required by State Law. RESOLVED this 12th day of September, 2006. ATTEST: Sandra D. Lee City Secretary APPROVED AS TO FORM: geheicecirti-- Patricia Carls, Brown and Carls LLP City Attorney Village PID Resolution No. 0 /ot DIP .. in P \AGENDA\2006\budget Adoption\ViilageResolution06.doc Page 1 of 1 THE CITY OF GEORGETOWN: