HomeMy WebLinkAbout139 - 10/18/1983 - DETERMINING AND FIXING THE MILL LEVY FOR THE DOWNTOWN DEVELOPMENT AUTHORITY FOR FISCAL YEAR 1984 ORDINANCE NO. 139 , 1983
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 1984
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 22, 1983, the Board of the Downtown Development
Authority met to adopt a 1984 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, 1984, shall be five (5) mills, which levy represents
the amount of taxes for the Downtown Development Authority purposes ne-
cessary 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 - 5 mills
being a total of 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 4th day of October, A.D. 1983, and to be presented for final
passage on the 18th day of October, A.D. 1983.
yr
ATTEST:
City Clerk
Passed and adopted on final reading by the Council of the City of Fort
Collins at a regular meeting held this 18th day of October, A.D. 1983.
May
ATTEST:
City Clerk