HomeMy WebLinkAbout1983-170-10/04/1983-ADOPTING A BUDGET OF THE ESTIMATED REVENUES OF CONDUCTING THE BUSINESS OF THE DOWNTOWN DEVELOPMENT A RESOLUTION 83- 170
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, 1984
WHEREAS, the Fort 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 , 1984, 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 a-id it hereby is adopted for the fiscal year ending December
31, 1984 as follows
Operating Expenses
Personal Services $119,147
Contractual 40,560
Commodities 3,400
Capital Outlay 10,000
Other 12,500
TOTAL $185,607
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, 1984, shall be five (5) mills, which levy repre-
sents the amount of taxes for the Downtown Development Authority purposes
necessary 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
Passed and adopted at a regular meeting of the Council of the City
of Fort Collins, held this 4th day of October, 1983
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