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HomeMy WebLinkAbout2024 Ordinance No. 062 ORDINANCE NO. 62 COUNCIL BILL NO. 61 SERIES OF 2024 INTRODUCED BY COUNCIL MEMBER ANDERSON AN ORDINANCE ESTABLISHING THE 2024 GENERAL OBLIGATION BOND MILL LEVY COLLECTED IN 2025 FOR PARKS IMPROVEMENTS WITHIN THE CITY OF ENGLEWOOD. WHEREAS, Article X, Section 20 of the Colorado Constitution, commonly known as TABOR restricts the City from raising mill levies without a vote of the citizens; and WHEREAS, on November 5, 2024 the citizens of Englewood passed Ballot Issue No. 2C for a General Obligation Bond; and WHEREAS, passage of Ballot Issue No. 2C authorized the City to issue $41.5 million in General Obligation Bonds for the purpose of improving, repairing, equipping and upgrading the City’s parks and recreation facilities and areas (collectively “Parks Improvements”); and WHEREAS, the mill levy enacted by this Ordinance is an incremental addition to mills to be levied and certified for the year 2024; and WHEREAS, based upon the assessed valuation for the City of Englewood, as certified by Arapahoe County Assessor, the estimated new assessed value of all properties in Englewood for 2024 is $1,058,057,041; and WHEREAS, the 2024 Mill to be collected in 2025 for the General Obligation Bond Debt Service for the Parks Improvements is 3.781 mills; and WHEREAS, the amount budgeted for the General Obligation Bond payment in 2025 will be $4,000,000.00. 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 2024, due and payable as required by statute in the year 2025, an incremental tax of 3.781 mills on the dollar for the 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. Section 2. General Provisions The following general provisions and findings are applicable to the interpretation and application of this Ordinance: Docusign Envelope ID: 9C4F8DF3-BAA5-4E97-B397-04F533E8F306 A. Severability. If any clause, sentence, paragraph, or part of this Ordinance or the application thereof to any person or circumstances shall for any reason be adjudged by a court of competent jurisdiction invalid, such judgment shall not affect, impair or invalidate the remainder of this Ordinance or its application to other persons or circumstances. B. Safety Clauses. The City Council hereby finds, determines, and declares that this Ordinance is promulgated under the general police power of the City of Englewood, that it is promulgated for the health, safety, and welfare of the public, and that this Ordinance is necessary for the preservation of health and safety and for the protection of public convenience and welfare. The City Council further determines that the Ordinance bears a rational relation to the proper legislative object sought to be obtained. This Safety Clause is not intended to affect a Citizen right to challenge this Ordinance through referendum pursuant to City of Englewood Charter 47. C. Publication. Publication of this Ordinance may be by reference or in full in the City’s official newspaper, the City’s official website, or both. Publication shall be effective upon the first publication by either authorized method. Manuals, Municipal Code, contracts, and other documents approved by reference in any Council Bill may be published by reference or in full on the City’s official website; such documents shall be available at the City Clerk’s office and in the City Council meeting agenda packet when the legislation was adopted. D. Actions Authorized to Effectuate this Ordinance. The Mayor is hereby authorized and directed to execute all documents necessary to effectuate the approval authorized by this Ordinance, and the City Clerk is hereby authorized and directed to attest to such execution by the Mayor where necessary. In the absence of the Mayor, the Mayor Pro Tem is hereby authorized to execute the above-referenced documents. The execution of any documents by said officials shall be conclusive evidence of the approval by the City of such documents in accordance with the terms thereof and this Ordinance. City staff is further authorized to take additional actions as may be necessary to implement the provisions of this Ordinance. Introduced and passed on first reading on the 2nd day of December, 2024; and on second reading, in identical form to the first reading, on the 16th day of December, 2024. Othoniel Sierra, Mayor ATTEST: _________________________________ Stephanie Carlile, 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 an Ordinance, introduced and passed in identical form on first and second reading on the dates indicated above; and published Docusign Envelope ID: 9C4F8DF3-BAA5-4E97-B397-04F533E8F306 within seven days after final passage on the City’s official website for at least thirty (30) days thereafter. The Ordinance shall become effective immediately upon final passage. Stephanie Carlile Docusign Envelope ID: 9C4F8DF3-BAA5-4E97-B397-04F533E8F306