Ordinance 2000-1342 - Laserfiche WebLink

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ORDINANCE NO. 1342 SERIES 2000 AN EMERGENCY ORDINANCE ORGANIZING THE MAIN STREET LOUISVILLE BUSINESS IMPROVEMENT DISTRICT, APPROVING ITS OPERATING PLAN AND BUDGET, AND APPROVING AN INITIAL BOARD OF DIRECTORS THEREFOR WItEREAS, the City Council of the City of Louisville has received a Petition for the Organization of the Main Street Louisville Business Improvement District within the City of Louisville (the "District"), a proposed Operating Plan and Budget, and list of proposed appointees to the Board of Directors thereof; and WItEREAS, the City Council, following notice as required by Section 31-25- ! 201 et seq., C.R.S. held and concluded a public hearing at 7:00 p.m. on Tuesday, the 15th day of August, 2000, at City Hall, 749 Main Street, Louisville, Colorado, at which time proponents and opponents of the District had the opportunity to be heard; and WHEREAS, the City Council has found from the tax rolls of Boulder County, in which the proposed District is located, that the total valuation for assessment of the taxable real and personal property in the service area is $ 5,351,010.00; and WItEREAS, based upon the Petition for Organization and other evidence presented to the City Council in the aforementioned public hearing, the City Council has found and does hereby find that the petition has been signed in conformity with Part 12 of Article 25 of Title 31, C.R.S, that the signatures on the petition are genuine, and that the signatures of petitioners represent the persons who own real or personal property in the service area of the proposed district having a valuation for assessment of not less than fifty percent, or such greater amount as the governing body may provide by ordinance, of the valuation for assessment of all real and personal property in the service area of the proposed District (the actual percentage being 59.52%) and who own at least fifty percent, or such greater amount as the governing body may provide by ordinance, of the acreage in the proposed district (the actual percentage being 52.12%); and WHEREAS, the City Council finds it to be in the best interests of the District to exclude certain property from the District as described herein; further, all non-commercial properties within the boundaries of the District, as required by Section 31-25-1208, C.R.S., are hereby excluded; and WHEREAS, the petition sets forth: (a) The name of the proposed District, which shall include a descriptive name and the words "business improvement district", to wit: "Main Street Louisville Business Improvement District"; (b) A general description of the boundaries and service area of the proposed District;