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TC Res. No. 1994-39RESOLUTION NO. 94-39 A RESOLUTION TO SET MILL LEVIES FOR 1995 BUDGET LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 1994, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF-AVON, COLORADO, FOR THE 1995 BUDGET YEAR WHEREAS, the Town Council of the Town of Avon'has received the proposed budget in accordance with the Local Government Budget Law, on September 23, 1994; and WHEREAS, the amount of money necessary to balance the budget for General Operating Expenses is $532,317; and WHEREAS, the amount of money necessary to balance the budget for Debt Service is $561,987; and WHEREAS, the 1994 valuation for assessment for the Town of Avon, as certified by the County Assessor is $46,464,720. NOW, THEREFORE BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF AVON,.COLORADO: - Section 1. That for the purpose-of meeting all General Operating Expenses of the Town of Avon during the 1995 budget year, there is hereby levied a tax of 11.456.mills upon each dollar of the total valuation for assessment.-of all taxable property within the Town for the year of 1995. Section 2. That for the purpose of meeting all Debt Services and Capital Improvements of the Town of Avon during the 1995 budget year, there is hereby levied a tax of 12.095 mills upon each dollar of the total valuation for assessment of all taxable property within the Town for the year 1995. Section 3. That the Mayor is hereby authorized and directed to immediately certify to the County Commissioners of Eagle County, Colorado, the mill levies for the Town of Avon as hereinabove determined and set. ADOPTED this 25th day of October, 1994. TOWN OF AVON, COLORADO Albert J. Re ds, Mayor ATTEST: Patty Ney art Town Clerk CERTIFICATION OF TAX LEVIES TO: County Commissioners of - EAGLE County, Colorado This is to certify that the-tax levy(ies) to be assessed by you upon all -property within the limits of the TOWN OF AVON ; based on a total assessed valuation of 46, 464, 720 -,for the year 1994 , as determined and fixed by the AVON TOWN COUNCIL on OCTOBER 25 1994 is/are: General Obligation Bonds and-Interest 12.095 'Mills $ 561,987 _ _ _ Contractual Obligations Approved at Election Expenses incurred in the Reappraisal of.Classes/Subclasses of Property Ordered by or Conducted by-State Board Capital Expenditures Levied pursuant to 29-1-301(1.2) or 29-1-302(1.5) CRS General Operating Expenses (Max be adjusted by the following additional.levies) Tax Credit.(pursuant to CRS 39-5-122.5) - mills mills mills 11.456 mills mills $ 532,317 Refunds/Abatements (pursuant to CRS 39-10-114(1) (a) (I) (A) & (B) mills $ Other (specify) mills $ You are hereby authorized and directed to extend-said levy(ies) upon your tax list. IN WITNESS WHEREOF, I have set my hand and affixed the seal of the TOWN"OF AVON_ , Color-ado,' this 25th , day of OCTOBER , 1994 cc: Division of Local Government