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R-704-6-86RESOLUTION NO. 704-6-86(R) A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, AUTHORIZING AN ADJUSTMENT TO THE 1985 TAX ROLL AND AUTHORIZING THE CANCELLATION OF CER- TAIN ACCOUNTS FROM THE 1985 TAX ROLL. WHEREAS, the Central Appraisal District of Collin County has adjusted certain properties in the City of Allen for the Tax Year 1985 after the Tax Roll was compiled and has resulted in the over assessment of these accounts, and, WHEREAS, listed below are the accounts that should be cancelled and the reason for cancellation. ADJUST. VALUE AMOUNT,,.' NUMBER NAME REASON LOST CANCELLED 5694 STONE-LEWIS DEV. CO. DOUBLE ASSESSED $ 30,490 $ 129.58 6487 CABLE, JOHN NOT HERE 1/1/85 1,700 7.23 6903 WAL-MART DOUBLE ASSESSED 60,000 255.00 6918 FWB-ALLEN VENT. DOUBLE ASSESSED 2,633,202 11,191.11 TOTAL LOST $2,725,392 $11,582.92 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, THAT, since all reasons for adjust- ments are valid and are permitted by State Statute, the Tax Department reccomends that these cancellations be approved. DULY PASSED AND APPROVED ON THIS THE 19th DAY OF JUNE ,1986. DONALD P. RODENBAO-GH, ATTEST: MARTY HENDRIX, tITY SECRETARY 4 Y f