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TC Ord. No. 1979-05i ORDINANCE NO. 79-5 Series of 1979 ANNUAL APPROPRIATION ORDINANCE: ADOPTING A BUDGET AND FINANCIAL PLAN AND MAKING APPROPRIATIONS TO PAY THE COSTS, EXPENSES, AND LIABILITIES OF THE TOWN OF AVON,' COLORADO, FOR ITS FISCAL YEAR JANUARY 1, 1979,- THROUGH DECEMBER 31, 1979, AND COLLECTION OF TOWN AD VALOREM PROPERTY 'TAXES DUE FOR THE 1978 TAX YEAR AND PAYABLE IN THE 1979 FISCAL YEAR. WHEREAS, in accordance with Chapter XII of the Charter of the Town of Avon, Colorado,,the Mayor prepared and submitted to the Town Council a proposed,budget and financial plan for all Town funds and,activities for the 1979 fiscal year; WHEREAS, notice of the public hearing on the proposed Town budget was posted on the 27th day,of. September- 1978, seven days prior to the hearing: held on the 3rd day of October, 1978, pursuant to Section 12.6 of the Charter; and WHEREAS,:it.is necessary for the Town Council to - adopt,the budget and financial plan for the-1979 fiscal year;.-to make appropriations-for the amounts specified -in the budget, and to provide for the levy,, assessment, and collection to Town ad valorem property taxes due for the 1978 tax year and payable in the 1979 fiscal year; NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL. OF THE TOWN OF AVON, COLORADO, THAT: (1) The procedures prescribed in Chapter XII of the Charter of the Town of Avon, Colorado, for the enactment hereof have been fulfilled. (2) Pursuant to Chapter XII of the Charter, the Town Council hereby makes the following annual appropriations for the Town of Avon, Colorado, for its fiscal year beginning on the 1st day of January, 1979, and ending on the 31st day of December, 1979; Ord. 79-5 Legislative Judicial Executive Administration Capital Outlay Legal Public Safety Public Works Debt Service Contingency • Page 2 $ 6,900.00 1,450.00 15,200.00 23,090:00 1,000.00 24,000.00 30,000.00 5,000.00 31,000.00 7,360.00 Total Budget $145,000.00 (3) The Town Council hereby adopts the full and complete Budget and Financial•Plan for the 1979 fiscal year for the Town of Avon, Colorado, which is incorporated by reference herein and made part hereof, and copies of said,public record shall be made available to the public in the office of the Town Clerk. (4)'For the purpose of defraying part of the' operating expenses of the Town of Avon, Colorado, during its 1979 fiscal year, the Town Council hereby levies a property tax of 15.00 mills upon each dollar,of the total assessed valuation of all:_ taxable property within the Town,for the 1978 tax year,($2,589,160), which will result in a gross tax levy of $38,837, said assessment and valuation having been duly made by the County of Eagle, State of Colorado, and the Town Clerk was directed to,certify said tax levy to County Of Eagle for collection pursuant to Title 39, Colorado Revised Statutes 1973, (as amended), and as otherwise required by law. Ord 79-5 Page 3 (5) This ordinance shall take effect seven days after posting following the final passage hereof. INTRODUCED, PASSED'; READ ON FIRST READING, APPROVED, AND ORDERED POSTED ONCE IN FULL, this 27th day of March, 1979, and a public hearing on this ordinance:- shall be held at the regular meeting of the Town Council of the Town of Avon, Colorado, on the 10th day of April, 1979, at 7:30 P.M. in the Town Office, 2nd floor, Benchmark Shopping Center. 01 M r ATTEST: C' A. ' Acting Town Clerk fNTRODUCED;7PASSED, READ;ON._SECOND READING, APPROVED AND ORDERED PUBLISHED THIS- DAY OF 1979. ATTEST: Ole Town Clerk e~ STATE OF COLORADO ) COUNTY OF EAGLE ) SS TOWN OF AVON ) NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN OF a public hearing before the Town Council of the Town of Avon, Colorado, at 7:30 P.M. on the 10th day of April, 1979 at the Town Hall for the purpose of considering the adoption of THE ANNUAL APPROPRIATION ORDINANCE: ADOPTING A BUDGET AND FINANCIAL PLAN AND MAKING APPROPRIATIONS TO PAY THE COSTS, EXPENSES, AND LIABILITIES OF THE TOWN OF AVON, COLORADO, FOR ITS FISCAL YEAR JANUARY 1, 1979, THROUGH DECEMBER 31, 1979, AND COLLECTION OF TOWN AD VALOREM PROPERTY TAXES DUE FOR THE 1978 TAX YEAR AND PAYABLE IN THE 1979 FISCAL YEAR. A copy of said Ordinance is attached hereto and is also on file at the office of the Town Clerk and may be inspected during regular business hours. Following this hearing, the Council may consider final passage of this Ordinance. This meeting is open to the general public. This notice given and published by order of the Town Council of the Town of Avon. Dated this 28th day of March, 1979 TOWN OF AVON, COLORADO By order of the Town Council By ,,a 'j ~1.a Town Clerk Posted at the following public places within the Town of Avon on March 28, 1979, at: The Northeast side of the Benchmark Shopping Center (Avon Post Office) The main entrance - Eagle Valley Bowl The Pester Gas Station; and The Town Office, Second Floor, Benchmark Shopping Center