R-07-10-25-11F3 - 10/25/2007 RESOLUTION NO. R-07-10-25-11F3
WHEREAS, the City of Round Rock is mandated by V.T. C.A. , Tax Code
§31 . 11 to refund, 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
WHEREAS, i f such amount exceeds $5 0 0 . 0 0, 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
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the following named taxpayer, Teco-Westinghouse Motor Company
has made an overpayment or erroneous payment of 2002 and 2003 taxes in
the amount of $7, 050 . 39; 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 .
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, 050 . 39 .
The City Council hereby finds and declares that written notice of
the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to the
public as required by law at all times during which this Resolution and
the subject matter hereof were discussed, considered and formally acted
upon, all as required by the Open Meetings Act, Chapter 551, Texas
Government Code, as amended.
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RESOLVED this 25th day of October, 2007 .
4Lv MAXWELL, Mayorof Round Rock, Texas
ATTEST:
CHRISTINE R. MARTINEZ, City Secr , ary
2
DATE: October 18, 2007
SUBJECT: City Council Meeting - October 25, 2007
ITEM: *11F3. Consider a resolution authorizing property tax refunds to
Teco-Westinghouse Motor Company for 2002 and 2003
taxes totaling $7,050.39.
Department: Finance
Staff Person: Cindy Demers, Finance Director
Justification:
State law requires that property tax refunds in excess of $500 be approved by the
governing body. These refunds are the result of agreed judgments approved by the
appraisal district reducing the taxable values on the 2002 and 2003 tax rolls.
Fun=
Cost: $7,050.39
Source of funds: General and Debt Service Operating Budget
Outside Resources: N/A
Background Information•
Required process set by law.
Public Comment., N/A