Title
Consider a resolution authorizing property tax refunds to Inland American Round Rock University Oaks, LP, for 2010, 2011 and 2012 taxes totaling $16,151.60.
Body
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 2010, 2011 and 2012 tax rolls.
Cost: $16,151.60
Source of funds: General Debt Service Fund
Recommended Action
Staff recommends approval.