Loading...
HomeMy WebLinkAbout241010 -- Certificate for Order Levying Taxes -- Rock Prairie Management District No. 2CERTIFICATE FOR ORDER LEVYING TAXES I, the undersigned Secretary of the Board of Directors (the "Board") of Rock Prairie Management District No. 2 (the "District"), hereby certify as follows: 1. The Board convened in a regular session, open to the public, on October 11, 2024, at a regular meeting place thereof, (the "Meeting") and the roll was called of the duly constituted officers and members of the Board, to -wit: Uri Geva, President Hays Glover, Vice President Logan Lee, Assistant Vice President Mark Lindemulder, Secretary Samuel "Kit" Kerbel, Assistant Secretary all of said members of the Board were present, except Director Kerbel, thus constituting a quorum. WHEREUPON, among other business, an ORDER LEVYING TAXES the ("Order") was introduced for the consideration of the Board. It was then duly moved and seconded that the Order be adopted; and, after full discussion, such motion, carrying with it the adoption of the Order, prevailed, and carried by the following vote: AYES: 4 NOES: 0 2. A true, full, and correct copy of the Order adopted at the Meeting is attached to and follows this Certificate; the Order has been duly recorded in the Board's minutes of the Meeting; the persons named in the above and foregoing paragraph are the duly chosen and acting officers and members of the Board as indicated therein; each of the officers and members of the Board was duly and sufficiently notified officially and personally, in advance, of the time, place and purpose of the Meeting and that the Order would be introduced and considered for adoption at the Meeting, and each of such officers and members consented, in advance, to the holding of the Meeting for such purposes; the Meeting was open to the public as required by law; and public notice of the time, place, and subject of the Meeting was given as required by Chapter 551, Texas Government Code, as amended, and Section 49.063, Texas Water Code, as amended. SIGNED AND SEALED this the 1 lth day of October, 2024. 2 Secretary,'`Boareof Directors 499236_12 ORDER LEVYING TAXES WHEREAS, Rock Prairie Management District No. 2 (the "District") has heretofore issued bonds, payable in whole or in part from taxes, for the purposes of financing road facilities ("Road Bonds"), and certain of such bonds remain outstanding and unpaid; and WHEREAS, the order or orders authorizing the issuance of such bonds authorize a levy of an ad valorem tax for the purpose of providing interest and principal payments on such bonds, while any part of said principal or interest remains outstanding and unpaid; and WHEREAS, the District is authorized to levy a maximum total maintenance tax not to exceed $1.00 per each $100 of assessed valuation within the District in order to pay operation, maintenance and administrative expenses, including those related to recreational facilities in accordance with applicable law; and WHEREAS, it is necessary for the Board of Directors of the District to fix a specific rate of tax to be levied for the tax year 2024, based on the District's tax rolls for 2024, which have been prepared and certified by the Brazos Central Appraisal District. Now, Therefore; BE IT ORDERED BY THE BOARD OF DIRECTORS OF ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 THAT: Section 1: There is hereby levied an ad valorem tax of $0.454 on each $100 of assessed valuation of taxable property within the District, for the tax year 2024, for the purpose of providing interest and principal payments on the District's bonds. Section 2: There is hereby levied an ad valorem maintenance tax of $0.196 on each $100 of assessed valuation of taxable property within the District for the tax year 2024, for the purpose of providing funds for the payment of operation, maintenance and administrative expenses of the District and other purposes as allowed by law. Section 3: The District's tax assessor -collector is hereby authorized to collect the taxes of the District. Section 4: The taxes levied hereby shall become due and payable upon the receipt of the tax bill unless otherwise specifically provided by law and shall be paid on or before the 31 st day of January, 2025. All taxes not paid before February 1, 2025, shall become delinquent on that date, and there shall be added thereto such penalties, interest, court costs, expenses of foreclosure sales, attorneys' fees and other expenses as are provided by law. Section 5: The District's tax assessor collector and bookkeeper are hereby directed to deposit, from time to time, as collected, 100% of the taxes levied pursuant to Section 1 hereof, and any related penalties and interest thereon and collection expenses recovered in respect thereof, to the credit of that certain Bond Fund Road Bond Account within the Bond Fund, as defined in and created pursuant to the orders authorizing the issuance of the Road Bonds. PASSED AND ADOPTED this the loth day of October, 2024. ATTEST: /s/Mark Lindemulder Secretary, Board of Directors (SEAL) 2 /s/ Uri Geva President, Board of Directors 499236_12