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R-12-05-24-F3 - 5/24/2012 Y 1; RESOLUTION NO. R-12-05-24-F3 WHEREAS, the City of Round Rock is mandated by V.T.C.A., Tax Code §31.11 to refund, f upon taxpayer application to the tax collector of its taxing unit and upon verification by the auditor of its taxing unit, any overpayment or erroneous payment of taxes; and 3 WHEREAS, if such amount exceeds $500.00, then the governing body of the taxing unit must also determine that the payment was erroneous or excessive and must approve the refund, Now Therefore s BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the following named taxpayer, HDF Investments, LTD has made an overpayment or F x erroneous payment of 2007, 2008, 2009, 2010 and 2011 taxes in the amount of$7,439.61; that such amount is in excess of$500.00; that such overpayment or erroneous payment has been verified by the Tax Collector; and that application for refund has been made to the Tax Collector by said taxpayers. I The Council further finds and makes a determination that the payment was erroneous or excessive; and further approves such refund in the amount of$7,439.61. 5 The City Council hereby finds and declares that written notice of the date, hour, place and I subject of the meeting at which this Resolution was adopted was posted and that such meeting was 1 Is open to the public as required by law at all times during which this Resolution and the subject matter F hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, g s Chapter 551, Texas Government Code, as amended. RESOLVED this 24th day of May, 2012. Y � 1 ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: { SARA L. WHITE, City Clerk 0.Awdox\SCC1nts\0112\1204\MUMCIPALV00250165.DOC/rmc 3. a a t IM 4 ROUNDROCK,TEXAS City Council Agenda Summary Sheet PURPOSE.PASSION.PROSPERITY. I �I Agenda Item No. F3.—CONSENT AGENDA Consider a resolution authorizing a property tax refund to HDF Investments Ltd. For 2007, Agenda Caption: 2008, 2009, 2010 and 2011 taxes in the amount of$7,439.61. s Meeting Date: May 24, 2012 Department: Finance i Staff Person making presentation: Cheryl Delaney Finance Director r, i I Item Summary: State law requires that property tax refunds in excess of$500 be approved by the governing body. This refund is the result of property assessed and taxed in error. The Williamson Central Appraisal District approved the,adjustment i reducing the taxable values on the 2007, 2008, 2009, 2010 and 2011 tax rolls. i i. i; i Cost: $7,439.61 Source of Funds: General Fund r Date of Public Hearing(if required): N/A P Recommended Action: Approval : s r r is