HomeMy WebLinkAbout09/02/2015 - Special Minutes City Council MINUTES OF THE CITY COUNCIL SPECIAL MEETING
CITY OF COLLEGE STATION
SEPTEMBER 2, 2015
STATE OF TEXAS §
COUNTY OF BRAZOS §
Present:
Nancy Berry, Mayor
Council:
Blanche Brick
Steve Aldrich
Karl Mooney
John Nichols
Julie Schultz
James Benham
City Staff:
Kelly Templin, City Manager
Chuck Gilman, Deputy City Manager
Sherry Mashburn, City Secretary
Ian Whittenton, Records Management Coordinator
1. Call to Order and Announce a Quorum is Present
With a quorum present, the Special Meeting of the College Station City Council was called to
order by Mayor Berry at 7:00 p.m. on Wednesday, September 2, 2015 in the Council Chambers of
the City of College Station City Hall, 1101 Texas Avenue, College Station, Texas 77842.
2. Public Hearing,presentation,possible action,and discussion on the City of College Station
2015 advertised ad valorem tax rate of$0.4525 per$100 valuation resulting in an increase in
tax revenues. Also discussion and possible action on announcing the meeting date.,time and
place to adopt the tax rate.
Jeff Kersten, Assistant City Manager, stated this is the first of two public hearings on the tax rate.
The proposed tax rate of $0.452500 per $100 assessed valuation will generate $32,036,946 in
taxes.
The current effective tax rate is 43.4851 cents per $100 assessed valuation, and the proposed tax
rate is 45.25 cents per $100 assessed valuation. The certified property valuation totaled $7.14
billion, which is a total increase of$486,757,915 or approximately a 7.31% increase in value over
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last year. If adopted,the proposed tax rate per$100 of assessed valuation would be 45.2500 cents
and would provide 19.3052 cents for debt service and 25.9448 cents for the general fund. This tax
rate meets the Debt Service requirements, and funds the proposed General Fund budget.
At approximately 7:04 p.m., Mayor Berry opened the Public Hearing.
There being no comments, the Public Hearing was closed at 7:04 p.m
Mayor Berry announced that the second public hearing will be held on Thursday, September 10,
2015, and the Council will vote on the tax rate on Monday, September 21.
3. Adjournment.
MOTION: There being no further business, Mayor Berry adjourned the Special Meeting of the
City Council at 7:04 p.m. on Wednesday, September 2, 2015.
Nancy Berry, Mayor
ATTEST:
Sherry Mas urn, City Secretary
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