HomeMy WebLinkAboutminutes.council.19761027Special Meeting October 27, 1976
A Special Meeting of the City Council was held on October 27, 1976 at 4:45 in the City
Council Chambers. Those members present were Nina Johnston, Michael Behrendt, George
Parry, Steve Wishart, Mick Mahoney, Mayor Standley, and City Attorney Sandra Stuller.
Also present was Lois Butterbaugh of the Finance Office.
ORDINANCE a59 - Water Extension to Red Mountain
Mayor Standley opened the Special Meeting and Councilwoman Johnston moved for a second Ord. 59
reading of this Ordinance, seconded by Councilman Parry~ All in favor, motion carried. Hernstadt
Water
ORDINANCE ~59 Extension
AN ORDINANCE APPROVING THE EXTENSION OF THE CITY WATER SERVICE
TO CERTAIN PROPERTIES IN THE RED MOUNTAIN SUBDIVISION CONDITIONED
ON COMPLIANCE WITH THE TERMS OF A CERTAIN WATER EXTENSION AGREEMENT,
AND DECLARING THAT AN EMERGENCY EXISTS REQUIRING~THE IMM~EDIATE EN-
ACTMENT HEREOF.
Was read by the Deputy City Clerk.
There was a motion to adopt by Councilman Behrendt, seconded by Councilwoman Johnston.
Special Meeting October 27, 1976
ORD 959
Second Read. Councilwoman Johnston asked if the Water Agreement was attached to this Ordinance, and
the Clerk replied that it was. The Water Service Agreement was incorporated into the
Ordinance. Roll Call vote: those in favor, Councilwoman Johnston, Councilman Behrendt,
Councilman Parry, Council Wishert, and Mayor Standley.
Lois Butterbaugh entered the meeting. Ms. Butterbaugh is here to review with the council-
members the changes in the general fund budget items. The Budget for the City of Aspen
Res. 20 is incorporated into Resolution #20, Series of 1976. Ms. Butterbaugh proceeded to review
Budget with the members those changes that have been made. She explained to the members those
1977 items that have been decreased and increased and the reason for each.
Councilman Wishart moved to read Resolution #20, seconded by Councilman Parry. The City
Attorney read the Re'solution in full.
RESOLUTION ~20
(Series of 1976)
WHEREAS, the City Manager, designated by Charter to prepare the
budget, has prepared and submitted ~o the Mayor and City Council the
Annual Budget for the City of Aspen, Colorado, for the fiscal year
beginning January 1, 1977, and ending December 31, 1977; and
WHEREAS, the budget as submitted sets forth the following estimated
fiscal data including anticipated revenues and expenditures for the year
1977:
Revenues Expenditures Transfers Surplus
General Services and
Operation 2,499,955 (2,605,010) 148,000 -0-
Land Acquisition Fund (42,945)
including Park Ded.
Expend., Open Space
and Capital Improv.
Sales Tax 1,184,021 ( 546,386) 100,000 186,323
(550,812)
Transportation/Mall
Sales Tax Fund 797,075 ( 523,000) (274,075) -0-
Water Fund 1,729,700 (1,529,700) (200,000) -0-
Electric Fund 1,146,504 (1,133,772) -0- 12,732
Revenue Sharing Fund 45,000 -0- (45,000) -0-
Police Pension Fund 45,500 ( 3,000) -0- 42,500
Employee Retirement Fund 116,000 ( 20,000) -0- 96,000
Trust Fund 16,570 ( 13,500) ( 3,000) 70
1970 Public Purpose Bond
Funds -0- ( 42,945) 42,945 -0-
1972 Sales Tax Rev. Bond
Fund -0- (419,500) 419,500 -0-
1973 Sales Tax Rev. Bond
Fund -0- (198,720) 198,720 -0-
1976 Sales Tax Rev. Bond
Fund -0- ( 81,667) 81,667 -0-
Sales Tax Bond Reserve Fund -0- -0- 125,000 125,000
Street Imp. Dist #1-63 -0- -0- -0- -0-
Street Imp. District ~66 -0- -0- -0- -0-
Street Imp. District #67 400 ( 28,700) -0- (28,300)
Total 7,580,725 (7,146,400) -0- 434,325
WHEREAS, the assessed valuation (assessed at 30%) of taxable property
for the year 1976 in the City of Aspen returned by the County Assessor
of Pitkin County, is the sum of Seventy-Two Million Eight Hundred
Twenty-One Thousand One Hundred Seventy ($72,821,170.00) 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 $113,000.00;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ASPEN, COLORADO:
That the budget for the City of Aspen as submitted, is hereby
adopted, which adoption shall constitute appropriations of the amounts
specified therein as expenditures from the funds indicated; and that
the estimated budget expenditure requirements of $7,580,725.00 is
declared to be the amount of revenue necessary to be raised by the tax
levy and income from all other sources, including surplus at the
beginning of the year, to pay the expenses and certain indebtedness
of the City, including interest upon the indebtedness, and to provide
a reasonable surplus at the close of the .fiscal year beginning January 1,
1977, and ending December 31, 1977;
BE IT FURTHER RESOLVED that for the purpose of defraying the
expenses of the City of Aspen, Colorado, during the fiscal year
beginning January 1, 1977, and ending December 31, 1977, there is
hereby levied a tax on said dollar of the assess~ed valuation of the
taxable property in the City of Aspen, Colorado, for the purpose of
raising the sum of $113,000.00 which, together With the surplus and
recenue from all other sources, is estimated to meed ~budget expen-
diture requirements and provide a reasonable closing surplus for said
fiscal year.
2106
Special Meeting October 27, 1976
Reso.
There was a~motion by Councilman Behrendt to adopt Resolution a20 as read, seconded by 1976
C~uncilm&n Behrendt. All in favor, motion carried.
Councilman Behrendt moved to adjourn at 5:35, seconded by Councilwoman Johnston. Ail
in favor, motion carried. ~ ~~
Ellen L. Atkins, Deputy City Clerk