HomeMy WebLinkAbout129 - 10/19/1982 - DETERMINING AND FIXING THE MILL LEVY FOR THE FORT COLLINS DOWNTOWN DEVELOPMENT AUTHORITY FOR FISCAL ORDINANCE NO 129 , 1982
OF THE COUNCIL OF THE CITY OF FORT COLLINS
BEING AN ORDINANCE DETERMINING AND FIXING THE
MILL LEVY FOR THE FORT COLLINS DOWNTOWN DEVELOPMENT
AUTHORITY FOR FISCAL YEAR 1983
WHEREAS, the Fort Collins Downtown Development Authority has been duly
organized in accordance with 531-25-804, Colorado Revised Statutes 1973,
as amended, and
WHEREAS, on September 30, 1982, the Board of the Downtown Development
Authority met to adopt a 1982 budget and determine the mill levy necessary
to provide for payment during the ensuing budget year of all properly
authorized demands against the Downtown Development Authority, and
WHEREAS, the Board of the Downtown Development Authority has recom-
mended to the Council of the City of Fort Collins adoption of a mill levy
rate of five (5) mills on the valuation for assessment of property in the
Downtown Development Authority District
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the mill levy rate for taxation upon all the taxable property
within the Downtown Development Authority District for the fiscal year
ending December 31, 1983 , shall be five (5) mills, which levy represents
the amount of taxes for the Downtown Development Authority purposes neces-
sary to provide for payment during the ensuing budget year of all properly
authorized demands against the Downtown Development Authority Said mill
levy shall be distributed as follows General expense - five (5) mills
being a total of five (5) mills, which levy as so distributed shall be
certified to the Board of County Commissioners of Larimer County, Colorado,
by the City Clerk as provided by law
Introduced, considered favorably on first reading, and ordered pub-
lished this 5th day of October, A D 1982 , and to be presented for final
passage on the 19th day of October, A D 1982
ATTEST 'Mayor
)DV vCi ty C1 erk
Passed and adopted by the Council of the City of Fort Collins at a
regular meeting held this 19th day of October, A D 1 82
Mayor
ATTEST
4m*.L
CYty Clerk