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<br />CITY OF LOUISVILLE, COLORADO
<br />RESOLUTION NO.n, SERIES 1977
<br />
<br />A RESOLUTION LEVYING TAXES FOR THE YEAR 1978, TO DEFRAY THE COSTS OF
<br />MUNICIPAL GOVERNMENT OF LOUISVLLE, COLORADO FOR THE FISCAL YEAR
<br />BEGINNING JANUARY 1, 1978 l' AND ENDING DECEMBER 31, 1978.
<br />
<br />WHEREAS, the City Cotmcil of the City of Louisville, Colorado,
<br />has adopted a budget for the fiscal year beginning January 1, 1978,
<br />and ending December 31, 1978, and;
<br />
<br />WHEREAS, the City COlmcil has determined the proper mill levy
<br />upon each dollar of assessed valuation of all taxable property within
<br />the City,
<br />
<br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
<br />of Louisville, Colorado:
<br />
<br />Section 1. That for the purpose of defraying the expenses of the
<br />General Fund of Louisville, Colorado, during the fiscal year beginning
<br />January 1, 1978, and ending on December 31, 1978, there is hereby
<br />levied a tax of 9.05 mills upon each dollar of the total assessed
<br />valuation of all taxable property within the City of Louisville,
<br />Colorado for the year 1977.
<br />
<br />Section 2. That for the purpose of defraying the expense of
<br />paying the interest upon the principal of outstanding bonds entitled
<br />"City of Louisville, General Obligation Recreation Bond Fund" of the
<br />City of Louisville coming due in the fiscal year beginning January
<br />1, 1978, and ending December 31, 1978, there is hereby levied a tax of
<br />1.65 mills upon each dollar of the total assessed valuation of the
<br />taxable property within the City of Louisville for the year of 1977.
<br />
<br />Section 3. That for the purpose of defraying the expense of
<br />capital improvements scheduled for construction or completion in the
<br />fisaal year beginning January 1, 1978, and ending December 31, 1978,
<br />for a Capital Improvement Fund there is hereby levied a tax of 2 mills
<br />upon each dollar of the total assessed valuation of all taxable
<br />property within the City of Louisville for the year 1977.
<br />
<br />Section 4. That for the purpose of defraying the expense of
<br />paying interest upon and principal outstanding bonds of the City of
<br />Louisville General Improvement District coming due in the fiscal year
<br />beginning January 1, 1978, and ending December 31, 1978, there is
<br />hereby levied a tax of 4.3 mills upon each dollar of the assessed
<br />valuation of all taxable property within the City of Louisville's
<br />General Improvement District for the year 1977.
<br />
<br />Section 5. That for the purpose of defraying the expenses of the
<br />Firemen's Pension Fund for the City of Louisville during the fiscal
<br />year beginning January 1, 1978, and ending December 31, 1978, there is
<br />hereby levied a tax of 1 mill upon each dollar of the total assessed
<br />valuation of all taxable property within the City of Louisville for
<br />the year 1977.
<br />
<br />Section 6. That the City Clerk is hereby quthorized and directed
<br />to innnediately certify to the County Connnissioners of Boulder County,
<br />Colorado, the total tax levy for the City of Louisville, Colorado, as
<br />is herein set forth.
<br />
<br />Resolved and passed at a regular meeting on the 18th day of
<br />October, 1977.
<br />
<br />~:
<br />'A (l/ ,1 LL,;l
<br />
<br />f)d(&~,,~~
<br />
<br />b' Mayor
<br />
<br />City Clerk
<br />
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