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CITY OF lOUISVlllE RESOLUTION NO. 69 SERIES 1995 A RESOLUTION lEVYING GENERAL PROPERTY TAXES FOR THE YEAR 1995, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE CITY OF lOUISVillE, COLORADO, FOR THE 1996 BUDGET YEAR WHEREAS, the City Council of the City of Louisville has adopted the annual budget for the 1996 budget year in accordance with the Local Government Budget Law, on December 5, 1995 and; WHEREAS, the amount of money necessary to balance the budget for general operating purposes from property tax revenue is $1,117,546, and; WHEREAS, the 1995 valuation for assessment for the City of Louisville as certified by the County Assessor is $204,786,560, and; WHEREAS, the various property tax revenue limitations imposed on the City including the limitations of the Amendment ("Amendment One") adding Article X, Section 20 to the Colorado Constitution, approved by the voters on November 3, 1992, have been calculated using the information currently available to the City and a tax of 5.457 mills complies with said limitations; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCil OF THE CITY OF lOUISVillE, COLORADO: SECTION 1. That for the purpose of meeting all general operating expenses of the City of Louisville during the 1996 budget year, there is hereby levied a tax of 5.457 mills upon each dollar of the total valuation for assessment of all taxable property within the City for the year 1995. SECTION 2. That the City Clerk is hereby authorized and directed to immediately certify to the County Commissioners of Boulder County, Colorado, the mill levy for the City of Louisville as hereinabove determined and set. ADOPTED this 5th day of December, 1995. ~0a-~ Tom Davidson, Mayor APPROVED AS TO FORM: K=-. Griffiths & Tano City Attorney