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HomeMy WebLinkAboutresolution.council.049-89 RESOLUTION NO. 49 (Series of 1989) WHEREAS, the City Manager, designated by Charter to prepare the budget, has prepared and submitted to the Mayor and City Council the Annual Budget for the City of Aspen, Colorado for the fiscal year beginning January 1, 1990, and ending December 31, 1990 and WHEREAS, the assessed valuation of taxable property for the year 1990 in the City of Aspen returned by the County Assessor of Pitkin County, is the sum of TWO HUNDRED TWENTY-ONE MILLION, THREE HUNDRED SIXTY TWO THOUSAND, NINE HUNDRED ($221,362,900) DOLLARS; and WHEREAS, the City Council has determined that the proper mill levy upon each dollar of the assessed valuation on all taxable property within the City shall be that determined by the County Assessor sufficient to produce ad valorem tax proceeds in the amount of FIVE HUNDRED FIFTY-THREE THOUSAND ($553,000) DOLLARS; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: That for the purpose of defraying the expenses of the City of Aspen, Colorado during the fiscal year beginning January 1, 1990 and ending December 31, 1990, there is hereby levied a tax on said dollar of the assessed valuation of the taxable property in the city of Aspen, Colorado, for the purpose of raising the sum of $553,000 which, together with the Fund Balance and revenue from all other sources, is estimated to meet budget expenditure requirements and provide a reasonable closing Fund Balance for said fiscal year. Adopted this~'//~-/day of December, 1989. William L. Stirling, Mayor I, ~THRYN S. KOCH, duly appointed and acting city Clerk of the City of Aspen, Colorado, do hereby certify that the foregoing is a true and correct copy of the Resolution adopted by the Council at its meeting held December 11, 1989, which Resolution was adopted subse~ent to the public hearing on such proposed budget held October 9 & 23, November 13 & 27, and December 11, 1989, and prior to the final day established by law for the certification of the ensuing year's tax levy to Pitkin County, all as re~ired by Sections 9.6 and 9.3 of the Aspen Home Rule Charter. Kathryn S Koch, City Clerk