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HomeMy WebLinkAbout2019 Ordinance No. 049BY AUTHORITY ORDINANCE NO.49 COUNCIL BILL NO. 44 SERIES OF 2019 INTRODUCED BY COUNCIL MEMBER RUSSELL AN ORDINANCE FIXING THE TAX LEVY IN MILLS UPON EACH DOLLAR OF THE ASSESSED VALUATION OF ALL TAXABLE PROPERTY WITHIN THE CITY OF ENGLEWOOD, COLORADO. WHEREAS, it is the duty of the City Council of the City of Englewood, Colorado, under the Englewood Home Rule Charter and Colorado Revised Statutes, to make the annual property levy for City purposes; and WHEREAS, the City Council has duly considered the estimated valuation of all the taxable property within the City and the needs of the City and of each of said levies and has determined that the levies as hereinafter set forth, are proper and wise; and WHEREAS, the following levies are permitted under Article X, Section 20 of the Colorado Constitution without a vote by the citizens. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, THAT: Section 1. That there be and hereby is levied for the year of 2019, due and payable as required by statute in the year 2020, a tax of 5.880 mills on the dollar for the General Fund of the City of Englewood, Colorado, 1.401 mills on the dollar for the Recreation General Obligation Bond Debt Service. Fund and 2.157 mills on the dollar for the Englewood Police Headquarters General Obligation Bond Debt Service Fund of the City of Englewood, Colorado. That the levy hereinabove set forth shall be levied upon each dollar of the assessed valuation of all taxable property within the corporate limits of the City of Englewood, Colorado, and the said levy shall be certified by law. Introduced, read in full, and passed on first reading on the 7th day of October, 2019. Published by Title as a Bill for an Ordinance in the City's official newspaper on the IOth day of October, 2020. Published as a Bill for an Ordinance on the City's official website beginning on the 9th day of October, 2019 for thirty (30) days. Read by Title and passed on final reading on the 215E day of October, 2019. Published by Title in the City's official newspaper as Ordinance No. 49, Series of 2019, on the 24"' day of October, 2019. Published by title on the City's official website beginning on the 23rd day of October, 2019 for thirty (30) days. This Ordinance shall take effect thirty (30) days after publication following final passage. Linda Olson, Mayor ATTEST: lile, City Clerk I, Stephanie Carlile, City Clerk of the City of Englewood, Colorado, hereby certify that the above and foregoing is a true copy of the Ordinance passed on final reading and published by Title as Ordinance No. 49, Series of 20I9.