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CITY OF LOUISVILLE, COLORADO <br />RESOLUTION 30, Series 1975 <br />A RESOLUTION LEVYING TAXES FOR THE YEAR 1976, TO DEFRAY THE COSTS OF MUNICIPAL <br />GOVERNMENT OF LOUISVILLE, COLORADO FOR THE FISCAL YEAR BEGINNING JANUARY 1, <br />1976 AND ENDING DECEMBER 3]., 1976 <br />WHEREAS, the City Council of the City of Louisville, Colorado has <br />adopted a budget for the fiscal year beginning January 1, 1976 and ending <br />December 31, 1976, and <br />WHEREAS, the City Council has determined the proper mill levy <br />upon each dollar of assessed valutation of all taxable property within the <br />City, <br />NOW, THEREFORE, BE I1' RESOLVED by the City Council of the City of <br />Louisville, Colorado: <br />Section 1. That for the purposes of defraying the expenses of the <br />General Fund of Louisville, Colorado, during the fiscal year beginning on <br />January 1, 1976 and ending on December 31, 1976, there is hereby levied a <br />tax of 11 mills upon each clollar of the total assessed valuation of all <br />taxable property within they City of Louisville for the year: 1975. <br />Section Z. That for the purposed of defraying the expense of pay- <br />ing the interest upon the ~rrincipal of outstanding bonds entitled "City <br />of Louisville, General Obligation Recreation Bond Furl" of the City of <br />Louisville coming due in the fiscal year beginning January 1, 1976 and <br />ending December 31, 1976, there is hereby levied a tax of 2 mills upon each <br />dollar of the total assessed valuation of the taxable property within the <br />City of Louisville for the year 1975. <br />Section 3. That for the purpose of defraying the expense of capi- <br />tal improvements scheduled for construction or completion in the fiscal year <br />beginning January 1, 1976 and ending December 31, 1976 for a Capital Improve- <br />ment Fund, there is hereby levied a tax of 2 mills upon each dollar of the <br />total assessed. valuation oi' all taxable property within the City of Louis- <br />ville for the year 1975. <br />Section 4. That for the purpose of defraying the expense of pay- <br />ing interest upon and principal outstanding bonds of the City of Louisville <br />General Improvement District coming due in the fiscal year beginning Janu- <br />ary 1, 1976 and ending December 31, 1976, there is hereby levied a tax of <br />5.5 mills upon each dollar of the assessed valuation of all taxable property <br />within the City of Louisville's General Improvement District for the year <br />1975. <br />Section 5. That the City Clerk is hereby authorized and directed to <br />immediate-1y certify to the County Commissioners of Boulder County, Colorado, <br />the total tax levy for the City of Louisville, Colorado, as is herein set forth. <br />Resolved and passed apt a regular meeting on the 7th day of Ocotber, 1975. <br />ATTEST: <br />'~ <br />City Clerk <br />J ~ ~. <br />yor <br />i <br />