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HomeMy WebLinkAbout2017 Ordinance No. 063ORDINANCE NO. 63 SERIES OF 2017 BY AUTHORITY COUNCIL BILL NO. 55 INTRODUCED BY COUNCIL MEMBER GILLIT 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 detennined that the levies as hereinafter set forth, are proper and wise; and WHEREAS, the proposed 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 2017, due and payable as required by statute in the year 2018, for the City of Englewood, Colorado, an ad valorem tax of: 5.880 mills on the dollar for the General Fund of the City of Englewood, Colorado, 1.609 mills on the dollar for the Recreation General Obligation Bond Debt Service Fund, and 3.207 mills on the dollar for the Englewood Police Headquarters General Obligation Bond Debt Service Fund. 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 2nd day of October, 2017. Published by Title as a Bill for an Ordinance in the City's official newspaper on the 5th day of October, 2017. Published as a Bill for an Ordinance on the City's official website beginning on the 4th day of October, 2017 for thirty (30) days. Read by Title and passed on final reading on the I 61" day of October, 2017. Published by Title in the City's official newspaper as Ordinance No. 63, Series of2017, on the 20th day of October, 2017. Published by title on the City's official website beginning on the 19111 day of October, 2017 for thirty (30) days. This Ordinance shall take effect thirty (30) days after P. llowing final passage. ATTEST: I, Stephanie Carlile, Acting 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. 63, Series of 2017. 2