INTRODUCTORY ORDINANCES Providing that the property tax rate (revenue) be increased by the adoption of a tax rate of $0.637000 per $100 value, which is effectively a 3.68 percent increase in the tax rate (revenue). This tax rate, which has been the same since Tax Year 2004, will have a Maintenance and Operation Rate of $0.494068 per $100 value and a Interest and Sinking Fund Rate of $0.142932 per $100 value for the levy and the collection of General and Special Ad Valorem taxes for the City of Laredo for Tax Year 2016 and Fiscal Year 2016-2017. (This will be the thirteenth year that the City would adopt this same rate.)
RESOLUTION 2. Repealing Resolution No. 2016-R-42 and providing for a Minor Encroachment License between the City of Laredo, (“City”) and United States General Services Administration (“GSA”) for the utilization of the City’s right of way and existing conduit to include trenching and the placement of one (1) fiber optic cable and one ( 1) power cable as per attached Exhibit A. The purpose of this request to connect an internal fiber network to the facilities adjacent to the convent port of entry, International Bridge I, which will support the installation and operation of the Custom and Border Protection (CBP) license plate reader system. Said license will incur an annual fee of the greater of $2,500.00 or the number of linear feet of encroachment times $2.50 for the initial year of the license. Also subject to yearly linear feet rate increases determined by CPI and a processing fee of $500.00. VII. ADJOURNMENT This notice was posted at the Municipal Government Offices, 1110 Houston Street, Laredo, Texas, at a place convenient and readily accessible to the public at all times. Said notice was posted on Friday, September 9, 2016 at 5:30 p.m.
Sep 13, 2016 Special City Council
INTRODUCTORY ORDINANCES Providing that the property tax rate (revenue) be increased by the adoption of a tax rate of $0.637000 per $100 value, which is effectively a 3.68 percent increase in the tax rate (revenue). This tax rate, which has been the same since Tax Year 2004, will have a Maintenance and Operation Rate of $0.494068 per $100 value and a Interest and Sinking Fund Rate of $0.142932 per $100 value for the levy and the collection of General and Special Ad Valorem taxes for the City of Laredo for Tax Year 2016 and Fiscal Year 2016-2017. (This will be the thirteenth year that the City would adopt this same rate.)
RESOLUTION 2. Repealing Resolution No. 2016-R-42 and providing for a Minor Encroachment License between the City of Laredo, (“City”) and United States General Services Administration (“GSA”) for the utilization of the City’s right of way and existing conduit to include trenching and the placement of one (1) fiber optic cable and one ( 1) power cable as per attached Exhibit A. The purpose of this request to connect an internal fiber network to the facilities adjacent to the convent port of entry, International Bridge I, which will support the installation and operation of the Custom and Border Protection (CBP) license plate reader system. Said license will incur an annual fee of the greater of $2,500.00 or the number of linear feet of encroachment times $2.50 for the initial year of the license. Also subject to yearly linear feet rate increases determined by CPI and a processing fee of $500.00. VII. ADJOURNMENT This notice was posted at the Municipal Government Offices, 1110 Houston Street, Laredo, Texas, at a place convenient and readily accessible to the public at all times. Said notice was posted on Friday, September 9, 2016 at 5:30 p.m.