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TC Res. No. 1995-56RESOLUTION NO. 95-56 SERIES OF 1995 A RESOLUTION TO SET MILL LEVIES FOR THE 1996 BUDGET, LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 1995, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF AVON, COLORADO, FOR THE 1996 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 October 2, 1995; and WHEREAS, the amount of money necessary to balance the budget for General Operating Expenses is $752,896; and WHEREAS, the amount of money necessary to balance the budget for Debt Service is $582,809; and WHEREAS, the 1995 valuation for assessment for the Town of Avon, as certified by the County Assessor is $65,720,650. 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 1996 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 1996. Section 2. That for the purpose of meeting all Debt Services and Capital Improvements of the Town of Avon during the 1996 budget year, there is hereby levied a tax of 8.868 mills upon each dollar of the total valuation for assessment of all taxable property within the Town for the year 1996. 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 12th day of December, 1995. TO OF A ON, COLORADO Albert J. Re lds, Mayor CERTIFICATION OF TAX LEVIES TO: County Commissioners of Eagle County, Colorado. For the year 19 95, the Town Council of the Town of Avon (governing board) (unit of government) hereby certifies the following mill levies to be extended upon the total GROSS assessed valuation of $ 65,720,650 PURPOSE LEVY REVENUE 1. General Operating Expenses 11.456 mills $ 752,896 2. Refunds/Abatements mills $ 3. Annual Incentive Payments pursuant to mills $ 30-11-123(6) CRS (Counties only) or 31-15-903(5) CRS (Municipalities only) SUBTOTAL 11.456 mills $ 752,896 4. General Obligation Bonds and Interest* 8.868 mills $ 5 8 2 , 8 0 9 5. Contractual Obligations Approved at Election mills $ 6. Capital Expenditures levied pursuant to CRS mills $ 29-1-301(1.2) (Counties and Municipalities only) or CRS 29-1-302(1.5) (Special Districts only) 7. Expenses Incurred in Reappraisal mills $ pursuant to Ordered or Conducted by State Board of Equalization (County only) 8. Payment to State of Excess State mills $ Equalization Payments to School Districts (County only) 9. Temporary Property Tax Credit/ mills $ Temporary Mill Levy Rate Reduction CRS 39-1-111.5 10. Other (specify) Mills $ , TOTAL mills $ Contact person: Valerie McCoy Daytime Phone: ( 9 7 0 949-4280 Signed: Z~Title Mayor Pro-Tem Date: December 12, 1995 * CRS 32-1-1603 requires Special Districts to "certify separate mill levies to the Board of County Commissioners, one each for funding requirements of each debt" Space is provided on the back of this form. Total should be recorded above on line 4. NOTE: Certification must be to three decimal places only. If your boundaries extend into more than one county, please list all counties here: Send a copy to Division of Local Government, Room 521, and the Division of Property Taxation, Room 419 1313 Sherman Street, Denver, Colorado 80203. FORM DLG 70 (Rev. 3/94) ONLY APPLIES TO SPECIAL DISTRICT TITLE 32, ARTICLE 1 1. Purpose of Issue: Series: Date Of Issue: Coupon Rate: Maturity Date: Levy: Revenue: 2. Purpose of Issue: Series: Date Of Issue: Coupon Rate: Maturity Date: Levy: Revenue: 3. Purpose of Issue: Series: Date Of Issue: Coupon Rate: Maturity Date: Levy: Revenue: 4. Purpose of Issue: Series: Date Of Issue: Coupon Rate: Maturity Date: Levy: Revenue: 5. Purpose of Issue: Series: Date Of Issue: Coupon Rate: Maturity Date: Levy: Revenue: