TC Res. No. 2010-27 Levying general property taxes for the town of avon general improvement district no.1 for the year 2010 to help defray the costs of government for the town of avon 2011 budget yearTOWN OF AVON
RESOLUTION NO. 10 -27
SERIES OF 2010
A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE
TOWN OF AVON GENERAL IMPROVEMENT DISTRICT NO. 1 FOR THE
YEAR 2010, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE
TOWN OF AVON, COLORADO, FOR THE 2011 BUDGET YEAR
WHEREAS, on August 28, 2007, the Town Council of the Town of Avon passed
on second reading Ordinance No. 07 -07 declaring the Town of Avon General
Improvement District No. 1 (District) organized and submitted to the electors of the
District the question of imposing an ad valorem tax to pay the annual expenses of the
District; and
WHEREAS, on November 6, 2007, an election was held under the requirements
and procedures of the Uniform Election Code, the Mail Ballot Election Act, and TABOR,
and a majority of the votes cast on the question were in favor of incurring such levy as
provided in such question; and
WHEREAS, the Town Council is authorized to act as the ex- officio Board of
Directors of the District and is authorized to proceed with the necessary action to levy the
ad valorem taxes so authorized; and
WHEREAS, the authority to levy ad valorem taxes as conferred by the results of
the election, is deemed and considered a continuing authority to levy the ad valorem taxes
so authorized; and
WHEREAS, the Town Council of the Town of Avon has adopted the annual
budget in accordance with the Local Government Budget Law and Town Charter on
November 23, 2010; and
WHEREAS, the estimated cost of providing transportation and recreation
services to and within the District is $40,376; and
WHEREAS, the 2010 net total assessed valuation for the property included in the
District as certified by the County Assessor is $4,297,120.
Town of Avon
Resolution No. 2010 -27
Page 1 of 2
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF
THE TOWN OF AVON, COLORADO:
Section 1. That for the purpose of providing transportation and recreation services
to and within the District during the 2011 budget year there is levied a tax of 9.396 mills
upon each dollar of the net total assessed valuation of all taxable property within the
District for the year 2010.
Section 2. That the Mayor is hereby authorized and directed to certify to the
County Commissioners of Eagle County, Colorado, the mill levies for the Town of Avon
Local Improvement District No. 1 as hereinabove determined and set.
ADOPTED this 23rd day of November, 2010.
ATTEST:
Town of Avon
Resolution No. 2010 -27
Page 2 of 2
TO O AVON, CO
Ronald C. Wolfe
Mayor
:SSA L:
County Tax Entity Code DOLA LGID /SID
CERTIFICATION OF TAX LEVIES for NON - SCHOOL Governments
TO: County Commissioners' of Eagle County , Colorado.
On behalf of the Town of Avon General Improvement District No. l
the Town Council
of the Town of Avon
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $
assessed valuation of:
(taxing entity)
(governing body) I
(local government)
4,296,590
(GROSS— assessed valuation, Line 2 of the Certification of Valuation Form DLG 5
Note: If the assessor certified a NET assessed valuation
(AV) different than the GROSS AV due to a Tax
Increment Financing (TIF) Area the tax levies must be $
calculated using the NET AV. The taxing entity's total (NET assessed valuation, Line 4 of the Certification of Valuation Form DLG 57)
property tax revenue will be derived from the mill levy
multiplied against the NET assessed valuation of:
Submitted: 1210112010 for budget/fiscal year 2011
(not later than Dec. 15) (mm /dd /yyyy) (yyyy)
PURPOSE (see end notes for definitions and examples) LEVY' REVENUE'
1. General Operating Expenses"
2. <Minus> Temporary General Property Tax Credit/
Temporary Mill Levy Rate Reduction'
SUBTOTAL FOR GENERAL OPERATING:
3. General Obligation Bonds and Interest'
4. Contractual Obligations'
5. Capital Expenditures`'
6. Refunds /Abatements"'
7. Other" (specify):
9.396 mills
$ 40,371
< > mills
$ < >
9.396 ]mills
$ 40,37]
mills
$
mills
$
mills
$
mills
$
mills
$
mills
$
TOTAL • Sum of General Operating
(" Subtotal and Lines 3 to 7 9.396 Imills 40,371
Conact'pprsgn: Daytime
(print) '" -.t c&t p {C. Wright, Asst. Town Manager phone: (970) 748 -4055
11,• , —. y /i d n
Si
Title: M
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Include one copy of this•t6x entity's completed form when filing the local government's budget by January 31st, per 29 -1 -113 C.R.S., with the
Division of Local Government (DLG), Room 521, 1313 Sherman Street, Denver, CO 80203. Questions? Call DLG at (303) 866 -2156
' If the taxing entity's boundaries include more than one county, you must certify the levies to each county. Use a separate form
for each county and certify the same levies uniformly to each county per Article X, Section 3 of the Colorado Constitution.
2 Levies must be rounded to three decimal places and revenue must be calculated from the total NET assessed valuation (Line 4 of
Form DLG57 on the County Assessor's final certification of valuation).
Form DLG 70 (rev 7/08) Page I of 4