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HomeMy WebLinkAbout2019-09-03 MINUTES OF A SPECIAL CALLED MEETING OF THE EULESS CITY COUNCIL SEPTEMBER 3, 2019 CALL TO ORDER A Special Called meeting of the Euless City Council was called to order by Mayor Linda Martin at 7:00 p.m. on Tuesday, September 3, 2019, in the Council Chambers at Euless City Hall, 201 North Ector Drive, Euless, Texas. Those present included Mayor Linda Martin, Mayor Pro Tern Jeremy Tompkins, Council Members Tim Stinneford, Eddie Price, Perry Bynum, and Salman Bhojani. Absent: Council Member Harry Zimmer STAFF MEMBERS PRESENT: City Manager Loretta Getchell Deputy City Manager Bob Freeman Assistant City Manager Chris Barker City Secretary Kim Sutter Finance Director Janina Jewell INVOCATION Council Member Perry Bynum gave the invocation. PLEDGES OF ALLEGIANCE Mayor Linda Martin led the pledges of allegiance to the flags of the United States and Texas. ITEM NO. 1. HELD PUBLIC HEARING FOR PROPOSED TAX RATE Mayor Martin opened the public hearing at 7:01 p.m. Finance Director Jewell advised that the proposed budget is based on a proposed ad valorem tax rate of $0.4625 per $100 of assessed value for tax year 2019. She added that the City has either reduced or held the same rate since 1995. Additionally, she reviewed the breakdown of the General Fund Operating Revenues from all revenue sources, and explained the two components of the tax rate which includes the Interest and Sinking (debt) portion levied to support the payment of required debt on outstanding bonds and the remaining Maintenance and Operation portion required to fund the City's general operating budget. She reviewed the taxable valuations and tax rate history of the City as well the average home value and tax rate impact associated with the valuations. Special Called Council Minutes Page 2 of 2 September 3, 2019 Mayor Martin asked to hear from any proponents followed by opponents wishing to speak regarding the proposed tax rate. There being no one requesting to speak, Mayor Martin closed the public hearing at 7:06 p.m. ITEM NO. 2. ANNOUNCED THE DATE, TIME AND PLACE OF VOTE ON TAX RATE Mayor Martin announced that the vote on the tax rate will take place on Tuesday, September 10, 2019, at 7:00 p.m. in the City Council Chambers, 201 N. Ector Drive, Euless, Texas. ITEM NO. 3. PUBLIC COMMENTS There were no public comments. ITEM NO. 4. ADJOURN The meeting was adjourned at 7:07 p.m. APPROVED: Lb-Kra actin Mayor ATTEST: '/��-- .J�M-4'F71- Kini Sutter, TRMC, CMC City Secretary