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RESOLUTION NO. 72
(Series of 2007)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
SUBMITTING TO THE ELECTORATE OF THE CITY OF ASPEN A CERTAIN
QUESTION SEEKING AUTHORITY TO LEVY A NEW 0.65 MILL PROPERTY TAX
FOR THE CITY'S STORMW ATER MANAGEMENT PROGRAM.
WHEREAS, the City's Stormwater Management Plan identifies deficiencies in the
condition and capacity of its existing drainage system, and
WHEREAS, it is in the City's interest to protect private property, public health and
safety, the City's infrastructure, the environment, and the ecology of the Roaring Fork River
from the effects of stormwater runoff, and
WHEREAS, a new mill levy of 0.65 mill property tax will generate an estimated
$12 million over fifteen years for use in maintaining, improving and extending the City's
existing drainage system and to mitigate the adverse water quality impacts from the City on
the Roaring Fork River; and
WHEREAS, the Section 12.1 of the City of Aspen Home Rule Charter requires
voter approval to levy and collect general ad valorem property taxes.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO, THAT:
The following question shall be placed on the ballot at the November 6, 2007,
election:
SHALL CITY OF ASPEN TAXES BE INCREASED BY UP TO $800,000
ANNUALLY FOR STORM WATER MANAGEMENT SYSTEM
SHALL CITY OF ASPEN TAXES BE INCREASED BY UP TO $800,000
ANNUALLY (FOR COLLECTION IN CALENDAR YEAR 2008) AND BY SUCH
ADDITIONAL AMOUNTS RAISED ANNUALLY THEREAFTER BY AN AD
VALOREM PROPERTY TAX MILL LEVY IMPOSED AT A RATE OF UP TO 0.65
MILLS FOR THE PURPOSE OF PAYING THE COSTS OF CAPITAL
IMPROVEMENTS TO, AND OPERATION AND MAINTENANCE OF, AN
EXPANDED STORM WATER MANAGEMENT SYSTEM, WHICH INCREASE
SHALL BE IN ADDITION TO THE AD VALOREM PROPERTY TAXES
CURRENTLY LEVIED AND COLLECTED BY THE CITY; AND SHALL THE CITY
BE AUTHORIZED TO COLLECT, RETAIN AND EXPEND ALL OF [THE
REVENUES OF SUCH TAXES AND THE EARNINGS THEREON] IN 2008 AND
EACH SUBSEQUENT YEAR, NOTWITHSTANDING THE LIMITATIONS OF
ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION (TABOR),
SECTION 29-1-301, COLORADO REVISED STATUTES, OR ANY OTHER LAW?
INTRODUCED, READ AND ADOPTED by the City COWlcil of the City of Aspen
on the 27th day August, 2007.
I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the
foregoing is a true and accurate copy of that resolution adopted by the City COWlcil of the
City of Aspen, Colorado, at a meeting held on the day hereinabove stated.
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JPW- saved: 8/21/2007 -422-G:\john\word\resos\ballot07 -Nav-PROP T AXES.doc