HomeMy WebLinkAbout1985 Ordinance No. 066I
I
ORD!NAi'ICE oo . .f:.f·
SERIES OF 19 85
BY AlJl'HORl'l'Y
COUNC IL BI LL 00. 74
I NT ROOOC ED BY COUNC IL
MEMBER BILO
AN ORD I NAi'ICE FIXING 'l'HE TAX LEVY I N MI LLS UPO N EACH OOLLAR OF TH E
ASSESSED VALUIIT ION OF /ILL TI\XJ\B LE PROPER'l'Y WITHIN nm C l 'l'Y OF
ENGLc);OOD, COLORIIOO , FO R ~llE YEAR 1986 AND E:STABLI SHING A MI LL LEVY
FOR TH E ENGLEWOOD , CO LORNX), OOWNTO,;N DEVELOPMEN1" AlJl'HORIT Y.
WHEREAS , i t i s t h<'e d uty of t he Ci ty Co unc il of t he City of
Engle wocxl , Co lorado , und e r t he Ola rte r of said Ci ty and St atute s of
t he State of Co lorado , to ma ke the annua l l evy for Ci ty pur poses
for the yea r 1985 , due and paya ble i n 1986 ; a nd
WHEHEAS , t he City Counc il has d ul y con sicer ed the estimate:!
valua t i o n o f a ll of the taxable property with i n the City a nd the
nee:ls of the Ci t y of each of sa i d l ev i e s a nd has determ ine:l that
the l ev ies , as he re i naf t er s.2t fo r th , are pr ope r ard wi se ;
NOlv , 'nlER EFORE , BE IT ORDAI NED BY THE CJ'l'Y CC~:i-:IL OF THE Cl 'l'Y
OF ENGU);OQD ' COLO R/\00 ' as follo ws :
5.a.--ctio n 1. '111 a t t he re be and hereby i s levie:l for the year 1985 ,
d ue -ao:J[iayabl e as requi r ed by Statutes in t he year 1986 , a t a x of
5 .694 mill s o n t he dol l ar for th<e General E\Jnd of t he City of
Eng le.ood , Co l orado , and 2 . 496 mil ls o n the d ollar for the Deb t
Serv ice E\J nd o( the Ci ty of Ehglewocxl , Co l o r ado .
That t he levy her e inabove se t for t h sha ll be l ev i ed upon eac h
dol la r of the assessed va luat i o n o f a ll taxabl e property wi thi n the
corpor ,te l imits of t hee City of Eng l e.ood , Co l o r ado , and the said
l evy shal l be c e rtifi ed a s r equired b y law .
Section 2 . '111ar unJer the a utho ri ty of Part 8 , Articl e 25 , Ti tle
Jf;°o CEfie Co l orad o Revised Sta tutes , 1973 , as amerde:l , t her e be
nd her eby is lev i ed for the year 1985 , due and payable as r equ ired
by law in 19 86 , a tax of 5 .000 mills on the dolla r fo r t he use and
bene fi t o f the Engle.ood Colorado Downtown Deve l o pnent Au t ho r ity .
Thar the l evy her e ina bove set forth shal l be Levied upo n each
doll a r of t he assessed valuation of all taxabl e property wi thin the
Eng l-a.ood Color aJo Downto.n Deve lop ne n t District , a r.:l the sa i d l evy
shat I be cert i tied as required by l a w.
Jn t ro)uce:1 , read in full , arx.1 p:isso..1 on Eirst read i ng on the
7th day of October , 19 85 .
Publi shed as a Bill for an Ordi nance on the 9th day of
October , 1985 ,
Read by title and passed on final r eading on the 21st day of
October , 1985 .
Publi shed by titl e as ordinance NO . {: 6 , Series of 1985, on
the 23rd day of October , 1985 . --
I , Gary R. Higbee , ex officio City Clerk-Treasurer of the
Ci ty of En;Jle-.ood , Colorado , hereby certify that the above ar<l
foregoing is a tru,,, accurate ar<l COTipl e te copy of the Ordinance
passed on f inal reading and [>Jblished by title as Ordinance
No. ~• Series of 1985 . &