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RESOLUTION N0. 22 A RESOLUTION LEVYING TAXES FOR THE YEAR 1973, TO DEFRAY THE COSTS OF MUNICIPAL GOVERNMENT OF LOUISVILLE, COLORADO FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1974 AND ENDING DECEMBER 31, 1974. WHEREAS, the City Council of the City of Louisville, Colorado has adopted a budget for the fiscal year beginning January 1, 1974 and ending December 31, 1974, and WHEREAS, the City Council has determined the proper mill levy upon each dollar of assessed valuation of all taxable property within the City, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Louisville, Colorado: Section 1. That for the purposes of defraying the expenses of the General Func3To o isville, Colorado, during the fiscal year beginning on January 1, 1974 and ending on December 31, 1974, there is hereby levied a tax of 10 mills upon each dollar of the total assessed valuation of all taxable property within the City of Louisville for the year 1973. Section 2. That for the purpose of defraying the expense of pay- ing the interest upon and the principal of outstanding bonds entitled "City of Louisville, General Obligation Recreation Bond Fund" of the City of Louisville coming due in the fiscal year beginning January 1, 1974, and end- ing December 31, 1974, there is hereby levied a tax of 3 mills upon each dollar of the total assessed valuation of the taxable property within the City of Louisville for the year 1973. Section 3. That for the purpose of defraying the expense of capi- tal improvements scheduled for construction or completion in the fiscal year beginning January 1, 1974 and ending December 31, 1974 for a Capital Improve- ment Fund, there is hereby levied a tax of 2 mills upon each dollar of the total assessed valuation of all taxable property within the City of Louis- ville for the year 1973. Section 4. That for the purpose of defraying the expense of pay- ing interest upon and principal outstanding bonds of the City of Louisville General Improvement District coming due in the fiscal year beginning Janu- ary 1, 1974 and ending December 31, 1974, there is hereby levied a tax of 5 mills upon each dollar of the assessed valuation of all taxable property within the City of Louisville's General Improvement District for the year 1973. Section 5. That the City Clerk if hereby authorized and directed to immediately certify to the County Commissioners of Boulder County, Colorado, the total tax levy for the City of Louisville, Colorado, as is herein set forth. Resolved and passed at as regular meeting on the 16thday of October, 1973. Mayor ATTEST: City Clerk ~~.