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TC Res. No. 2014-33 Resolution Levying General Property Taxes for the Year 2014; District No. 1TOWN OF AVON RESOLUTION NO. 14 -33 0 D1;7 I DMI) 0-111[! A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE TOWN OF AVON GENERAL IMPROVEMENT DISTRICT NO. 1 FOR THE YEAR 2014, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF AVON, COLORADO, FOR THE 2015 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 11, 2014; and WHEREAS, the estimated cost of providing transportation and recreation services to and within the District is $40,191; and WHEREAS, the 2014 net total assessed valuation for the property included in the District as certified by the County Assessor is $2,289,150. 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 2015 budget year there is levied a tax of 17.557 mills upon each dollar of the net total assessed valuation of all taxable property within the District for the year 2014. 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 91h day of December, 2014. TOWN OF AVON, COLORADO . 5 UJAJ, wv� Je 'e Fancher May r ,49 9Q9 Debbie Hoppe Town Clerk County Tax Entity Code DOLA LGID /SlE 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 , (taxing entity) A 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: 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 property tax revenue will be derived from the mill levy multiplied against the NET assessed valuation of: Submitted: 121912014 (not later than Dec. 15) (mm /dd /yyyy) (governing body) (local government) 289,150 (GROSS— assessed valuation, Line 2 of the Certification of Valuation Form DLG 57 $ (NET assessed valuation, Line 4 of the Certification of Valuation Form DLG 57) for budget /fiscal year 2015 (YYYy) PURPOSE (see end notes for definitions and examples) LEVY REVENUE 1. General Operating Expenses" 17.557 mills $ 40,191 2. <Minus> Temporary General Property Tax Credit/ Temporary Mill Levy Rate Reduction` < > mills $ < > SUBTOTAL FOR GENERAL OPERATING: 17.557 mills $ 40,191 3. General Obligation Bonds and Interest' mills $ 4. Contractual Obligations' mills $ 5. Capital Expenditures`' mills $ 6. Refunds /Abatementsm mills $ 7. Other" (specify): mills $ mills $ TOTALS um of General Operating • Subtotal and Lines 3 to 7 mills L$ 40,191 17.557 Contact person: Daytime (print) c tt C. Wright, A t. Town Manager phone: (970) 748 -4055 Signed: Q M_L Title: Mayor Include one copy of this t ntity'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 Governmen (DLG), Room 521, 1313 Sherman Street, Denver, CO 80203. Questions? Call DLG at (303) 866 -2156. t 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. Z 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 tnal certification of valuation). Form DLG 70 (rev 7/08) Page 1 of 4