HomeMy WebLinkAbout1984-154-10/02/1984-ADOPTING A BUDGET OF THE ESTIMATED REVENUES AND EXPENDITURES REQUIRED TO PAY THE EXPENSES OF CONDUCT RESOLUTION 84-154
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ADOPTING A BUDGET OF THE ESTIMATED REVENUES AND
EXPENDITURES REQUIRED TO PAY THE EXPENSES OF
CONDUCTING THE BUSINESS OF THE DOWNTOWN
DEVELOPMENT AUTHORITY AND DIRECTING THE CITY CLERK
TO CERTIFY THE MILL LEVY FOR THE
DOWNTOWN DEVELOPMENT AUTHORITY FOR THE
FISCAL YEAR ENDING DECEMBER 31, 1985
WHEREAS, the Fart Collins Downtown Development Authority has been duly
organized in accordance with 31-25-804, Colorado Revised Statutes 1973, as
amended; and
WHEREAS, the Board of the Downtown Development Authority has, under
the provisions of 31-25-916, Colorado Revised Statutes , 1973 as amended,
adopted a budget for the fiscal year ending December 31, 1985; and
WHEREAS, the Council of the City of Fort Collins wishes to adopt said
budget as recommended by the Board of the Downtown Development Authority.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the following budget for the Downtown Development
Authority be and it hereby is adopted for the fiscal year ending December
31, 1985 as follows:
Operating Expenses
Personal Services $125,151
Contractual 44,982
Commodities 4,900
Capital Outlay 8,500
Other 27,536
Total $211,069
Section 2. 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 , 1985, shall be five ( 5) mills , which
levy represents the amount of taxes for the Downtown Development Authority
purposes necessary to provide for payment during teh ensuing budget year of
all properly authoized 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.
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins , held this 2nd day of October, 198
ATTEST: f4a o r/
City Clew
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