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HomeMy WebLinkAbout1986 Ordinance No. 060ORDINANCE No,fzQ_ SERIES OF 1986 BY AUTHORITY COUNCIL BILL NO. 67 INTRODUC~D BY COUNCIL MEMBER VQ'p €.JJ?A AN ORDINANCE FIXIHG THE TAX LEVY IN MILLS UPON EACH DOLLAR OF THE ASSESSED VALUATION OF ALL TAXABLE PROPERTY WITHIN THE CITY OF ENGLEWOOD, COLORADO, FOR THE YEAR 1987 AND ESTABLISHING A MILL LEVY FOR THE ENGLEWOOD, COLORADO, DOWNTOWN DEVELOPMENT AUTHORITY. WHEREAS, it is the duty of the City Council of the City of Englewood, Colorado, under the charter of said City and statutes of the State of c~.orado, to make the annual levy for city purposes for the year 1986, due and payable in 1987; and WHEREAS, the City Council has duly considered the esti- mated valuation of all the taxable property within the City and the needs of the City of each of said levies and has determined that the levies, as hereinafter set forth, are proper and wise; NOW, THEREFORE, BE IT OR~AINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, as follows: section 1, That there be and hereby is levied for the year 1986, due and payable as required by Statues in the year 1987, a tax of 8,B47 mills on the dollar for the General Fund of the City of En~lewood, Colorado, •nd 3,045 mills on the dollar for the Debt Service Fund of the / of Englewood . Colorado. That the levy hereinabove set forth shall be levied upon each dollar of the assessed valuation of all t.axable proper- ty within the corporate limits of the City of Englewood, Colora- do, and the said levy shall be ce,rtified as required by law. Section 2, That under the authority of the Colorado Revised Statutes, and the City Charter, there is hereby levied for the year 1986, due and payable as required by law in 1987, a tax of s.ooo mills on the dollar for the use and benefit of the Engle- wood Colorado Downtown Development Authority. That the levy heruinabove set forth. shall be levied upon each dollar of the assessed valuation of all taxable proper- ty within the Englewood Colorado Downtown Development District, anu the said levy shall be certified as required by law. Page 2 Introduced, read in full, amended and paaae•J es emend£-d on first reeding on the 22nd day of September, 1986. PUblished as emended es e Bill for an Ordinance on the 24th day of September , 1986 • • 1 1 Read by title and passed on final reading on t' /)/' I / , 1986, aa Ordinance No, ~. Serles of 1986. ~bliahed by title as Ordinance lz.Q_, series of 1986 on the _J_£ day of October , 1986. ~---~tf?L-, ugeL. ot ~Mayor Attet!l1j: _; I City Clerk I, Patricia H. Crow, City Clerk of the City of Engle- wood, Colorado, hereby certify that the above and foregoing is a true copy of Ordinance No • ..f..:...{___, Series of 1986. //~ , } :., ,tl<Qi;cc~ ,;(/ (-1.Hi Patric a H. crow I I