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HomeMy WebLinkAbout1959 Ordinance No. 026BY AUTHORITY ORDIN ANCE NO. 26 , SERIES OF 19 59 --- AN ORDINANCE FIXING THE TAX LEVY IN MILLS UPON EACH DOLLAR OF THE ASSESSED VALUATION OF ALL TAXABLE PROPERTY WI THI N THE CITY OF ENGLEWOOD, COLORADO, FOR THE YEAR 1959. HEREAS, it is the duty o f the City Council of the City of Englewood, Colorado, under the Charter o f said City and the Statutes of the State of Colorado, to make the a nnua l l e vy f or Ci ty purposes for the year 1959, due and payable in 1960; a nd , WHEREAS, it is necessary for an additional special levy to pay interest on water bon d s i ssued as a general obligation of the City of Englewood~. Colorado; a nd , HEREAS, it is necessary f or an additional special levy to main- tain the Firemen's Pension Fund at a reasonable level; and, WHEREAS, the Ci ty Council has du l y considered the estimated valuation of all of the t axable proper t y within the City and the needs of the City for each of said l evies , and has determined that the levies as hereinafter set forth a re proper and wise : NOW THEREFO RE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO: Section 1. That there be and there is hereby levied, for the year A.D. 1959, due and payable as requ i red by Statute in the year A.D. 1960, for said purposes a tax of 12 .4 mill s on the do l lar for the General Fund of the City of Englewood, Co l orado; a spec i al tax of 1.0 mills on the dollar or the Water Bond and In t eres t Fund o f said Ci t y; and a special tax of 0.1 mills on the dollar f o r t he F i remen 's Penaion Fund of said City upon each dollar of the ass e ssed valuation of all taxable property within the corporate limits of t he Ci ty ; and tha t the said levy shall be certified, as by law required. Passed on Fi r st Read i ng by the City Council of the City of nglewood, Colorado, this 5th day o f Oc t ober, A.D. 1959, and ordered pub - lished in full in the Eng l ewood Herald and Enterprise. Passed on Second Reading by t he City Council of the City of Englewood, Colorado, t his 1 6th day o f October, A.D. 1959, and ordered pub- lished in full in the Eng l ewood Hera l d and Enterprise. --ga~a ~ ATTEST: I, B. O. Be ausang, City Clerk -Treasurer, City of Englewood, County of Arapaho e, State of Colorado, do hereby certify that the above and fore- going ordinance was i ntroduced , read , passed and ordered published as a bill in the Englewood Heral d and Enterprise at a regular meeting of the C1ty Council held on the 5 th day of October , A.D. 1959, and that at least 7 days after above publication as a bill, the above ordinance was approved, adopted and ord ered publishe d i n said leg~l newspaper by the City Council at a special me e ting held on the 16th day o f October, A.D. 1Y5Y, as Ordinance No. 26, Series of 1959, of sa i d City. SEAL I ,,