Loading...
HomeMy WebLinkAboutresolution.council.084-97 RESOLUTION NO. ~ (Series of 1997) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO SETTING THE 1998 MUNICIPAL MILL LEVY AND CERTIFYING SAME TO THE BOARD OF COUNTY COMMISSIONERS FOR PITKIN COUNTY. 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, 1998, and ending December 31, 1998 and WHEREAS, the assessed valuation of taxable property for the year 1997 in the City of Aspen returned by the County Assessor of Pitkin County, is the sum of FOUR HUNDRED SIXTY-THREE MILLION, EIGHT HUNDRED AND NINETY-ONE THOUSAND, TWO HUNDRED AND SEVENTY- SEVEN (463,891,277) 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 TWO MILLION, FIVE HUNDRED AND FIVE THOUSAND, FOUR HUNDRED AND SEVENTY-SEVEN ($2,505,477) DOLLARS; and WHEREAS, the City Council has determined that ONE MILLION, NINE HUNDRED TWENTY-FIVE THOUSAND, SIX HUNDRED AND THIRTEEN ($1,925,613) DOLLARS of the total TWO MILLION, FIVE HUNDRED AND FIVE THOUSAND, FOUR HUNDRED AND SEVENTY-SEVEN ($2,505,477) DOLLARS is to be specifically restricted for general asset management plan projects; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: SECTION 1 That for the purpose of defraying the expenses of the City of Aspen, Colorado during the fiscal year beginning January 1, 1998 and ending December 31, 1998, 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 $2,505,477 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. 2 SECTION 2 The City Clerk is hereby directed to certify and deliver this Resolution to the Board of County Commissioners for Pitkin County on or before December 15, 1997. Adopted this ~(~day of ~ , 1997 John Bennett, Mayor I, KATHRYN 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 City Council at its meeting held ~ , which Resolution was adopted subsequent to public hearings on the City of Aspen's 1998 proposed Municipal Budget and prior to the final day established by law for the certification of the tax levy to Pitkin County, all as required by Sections 9.8 and 9.9 of the Aspen Home Rule Charter. Kathryn S. Koch, City Clerk C~l~ICi~IO~ O~ ~ ~O: Cotm~ Co~ion~ of P i ~ k in Co~, Colo~do. Cit~ Cgunc~l~ of~e City of Aspen (~ov~g ~d) Omit of gove~ent) hereby ~ ~e follo~ mill lewes to ~ e=~ded upon ~e TOT~ ~sesscd v~on of $ ~6}.891. 277 . Submi~is~: P~OSE LE~ 1. ~n~ op~a~ ~p~es ~ha m~u~= i. 071 mills x $ ~ 96,828 ~e 2. ~S) Tempo~ pro~ ~ ~ ( )~s $( ) Tem~ milt le~ mm mdu~on ~9-1-111.5, C.~S. S~TOTAI~ i.07i ~ x $ 4. Cou~u~ ob~gations ~proved at election mills 5. Capit~ ex~n~s (t~mu~ p~bue h~g ~s $ '~' p~umt to 29-1-~01(1.2), C.R.S.) ~r (eoaa~ sad m~mieipalifi~ only), 29-1-30~1.~), C~.S. for (special ~ oely) or sppmv~ st 6. Re~ds/Abatemen~ mills $ ~.151 ~s $ 1~925~613 7. O~er(s~c~) General Fund Capital Asset ~anagement Plan mills TOT~ s.~0~ mil~ ~ 2,505,477 Con~ct~rson: She~a S ~ e~nauer Da~imephonc: ~ 920-5044 Si~: Tifl~ Bud~e~ D~reccon *SPEC~ DIST~CTS must c~ sep~ate ~ le~u and r~cnu~ to ~e Board of Coun~ Commissione~, one each for ~ndhs r~uir~cnts of each debt (32-1-1603, C.R.S.) Space b pro~ded on ~e back of t~ fora. Tot~ shoed be recorded abOVe on he 3. NO~: ~ca6on must be ~ to ~ ~1 pla~s only. I~yo~ bounces cm~d one count, pl~e li~ ~I eo~fies h~e: S~d a completed copy of ~s fo~ to ~e Di~son of Loc~ ~ove~ment, Room ~21, 1313 She~ D~vcr, Colorflo 80203, (303) 866-21~6. FORM DLG ?0 (Rev. 8/8'0