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TC Res. No. 1997-70RESOLUTION NO. 97-70 SERIES OF 1997 A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 1997, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF AVON, COLORADO, FOR THE 1998 BUDGET YEAR WHEREAS, the Town Council of the Town of Avon has adopted the annual budget in accordance with the Local Government Budget Law on December 9, 1997; and WHEREAS, the amount of money necessary to balance the-budget for general operating purposes from property tax revenue is $1,072,555; and WHEREAS, the amount of money to balance the budget for bonds and interest is $759,470; and WHEREAS, the 1997 valuation for assessment for the Town of Avon, as certified by,the County Assessor is $95,534,550. 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 1997 budget year there is levied a tax of 11.456 mills upon, each dollar of the total valuation for assessment of all taxable property within the Town of Avon for the year 1997. Section 2. That for the purpose of meeting all bonds and interest of the Town of Avon during the 1997 budget year there is levied a tax of 8.112 mills upon each dollar of the total valuation for assessment of all taxable property within the Town of Avon for the year 1997. 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 9`h day of December, 1997. TOWN OF AVON, COLORADO 3 eea9,+8iKym Judy Yoder, Mayor Protem