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HomeMy WebLinkAboutresolution.council.053-81RECORD OF PROCEEDINGS 100 Leaves RECORD OF PROCEED~N~ RESOLUTION NO. ~ (Series of 1981) 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 1,1982 and ending December 31,1982; and WHEREAS, the assessed valuation of taxable property for the year 1981 in the City of Aspen returned by the County Assessor of Pitkin County, is the' sum of SIXTY-SIX MILLION, THREE HUNDRED SIXTY THOUSAND SEVEN HUNDRED SEVENTY ($66,360,770) 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~suffi¢ient to produce ad valorem tax proceeds in the amount of THREE HUNDRED FIFTEEN THOUSAND, TWO HUNDRED FOURTEEN ($315,214) DOLIJkRS; WHEREAS, the City Council has determined the use of the ad valorem tax proceeds to be as follows; General Operating expenses - ONE HUNDRED EIGHTY THREE THOUSAND, TWO HUNDRED THIRTY FOUR ($183,234) Debt Retirement - ONE HUNDRED THIRTY ONE THOUSAND, NINE HUNDRED EIGHTY ($131,980). 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 1,1982 and ending December 31,1982, there is hereby levied a tax on said dollar of the assessed i valuation of the taxable property in the City of Aspen, Colorado for the purpose of raising the sum of $315,214 ~hich, together with the Fund Balance and revenue from all other source, is estimated to meet budget expenditure requirements and provide a reasonable closing Fund Balance for said fiscal year. RECORD OF PROCEEDINGS 100 Leaves ADOPTED this ~~day of October, 1981 Susan E. 'Michael Mayor Pro Tem I, KATHRYN S. KOCH, duly appointed and acting City Clerk of the City of Aspen, Colorado,do.~he=eby certify that the foregoing is a true and correct copy of the Resolution adopted by the City Council at its meeting held ~~ , 1981, which Resolution was adopted subsequent to the public hearing on such proposed budget held , and prior to the final day established by law for the certification of the ensuing year's tax levy to Pitkin County, all as required by Sections 9.6 and 9.3 of the Aspen Home Rule Charter. City Clerk