REGULAR MEETING RECESSES - PUBLIC HEARING(S) at 7:15 p.m.

2. Conduct a Public Hearing to consider Resolution adopting a budget for the City of Seymour for the Fiscal Year beginning October 1, 2009 and ending September 30, 2010.

3. Conduct a Public Hearing to consider Ordinance establishing the ad valorem levy tax rate for the City of Seymour for Fiscal Year 2009-2010 at .40000/per 100 dollar valuation, which is lower than the effective tax rate of .40002/$100, representing a levy of .27554/$100 for Operations and Maintenance, with a .12446/$100 for interest and sinking, by conducting a formal ‘voice vote’ of the Ordinance.

No one spoke in favor for either public hearing.

No one spoke opposed for either public hearing.

PUBLIC HEARING(S) END – REGULAR MEETING RESUMES at 7:17 p.m.

4. Discuss, consider and take action to approve Resolution No. 1307, adopting a budget for the City of Seymour, Texas, for the Fiscal Year beginning October 1, 2009 and ending September 30, 2010.

Motion:
Motion made by Council Member Mathis, seconded by Council Member Coltharp, to approve Resolution No. 1307, adopting a budget for the City of Seymour, Texas for the Fiscal Year beginning October 1, 2009, and ending September 30, 2010.

Vote On Motion:
passed unanimously.

5. Discuss, consider and take action to adopt Ordinance No. 2009-01, establishing the ad valorem levy tax rate for the City of Seymour,
for Fiscal Year 2009-2010 at .40000/per $100 dollar valuation,
which is lower that the effective tax rate of .40002/$100, representing a levy of .27554/$100, for Operations and Maintenance, with a .12446/$100 for interest and sinking, by conducting a formal ‘voice vote’,
of the Ordinance.

Motion:
Motion made by MPT Winn, seconded by Council Member Coltharp, to adopt
Ordinance No. 2009-01, establishing the ad valorem levy tax rate for the City of Seymour, Texas, for FY 2009-2010, at .40000/per $100 dollar valuation, which is lower than the effective tax rate of .40002/$100, representing a levy of .27554/$100 for Operations and Maintenance, with a .12446/$100 for interest and sinking, by conducting a formal ‘voice vote’ of the Ordinance.

Voice Vote by Council Member Coltharp - Yea
Voice Vote by Council Member Horton - Yea
Voice Vote by Council Member Mathis - Yea
Voice Vote by Council Member Henricks – Yea
Voice Vote by Mayor Pro-tem Winn - Yea

Vote on Motion: passed unanimously.

6. Discuss, consider and take action to approve Resolution No. 1308,
for over/under 5K$, and to amend Resolution No. 1298, the
FY 2008-2009, Budget Resolution, for the City of Seymour, Texas.

Motion:
Motion made by Council Member Coltharp, seconded by Council Member Mathis, to approve Resolution No. 1308, for over/under 5K$ and to amend Resolution No. 1298, the FY 2008-2009, Budget Resolution, for the City of Seymour, Texas.

Vote on Motion:
passed unanimously.