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CITY OF LOUISVILLE, COLORADO <br />RESOLUTION 17, Series 1976 <br />A RESOLUTION LEVYING TAXES FOR THE YEAR 1977, TO DEFRAY THE COSTS <br />OF MUNICIPAL GOVERNMENT OF LOUISVILLE, COLORADO FOR THE FISCAL YEAR <br />BEGINNING JANUARY 1, 1977 AND ENDING DECEMBER 31, 1977. <br />WHEREAS, the City Council of the City of Louisville, Colorado <br />has adopted a budget for the fiscal year beginning January 1, 1977 <br />and ending December 31, 1977, and <br />WHEREAS, the City Council has determined the proper mill levy <br />upon each dollar of assessed valuation of all taxable property within <br />the City, <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Louisville, Colorado: <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, 1977 and ending on December 31, 1977, there is hereby levied <br />a tax of 9.86 mills upon each dollar of the total assessed valuation <br />of all taxable property within the City of Louisville for the year 1976. <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, 1977 and ending December 31, 1977, there is hereby levied a tax of <br />2.14 mills upon each dollar of the total assessed valuation of the <br />taxable property within the City of Louisville for the year 1976. <br />Section 3. That for the purpose of defraying the expense of <br />capita improvements scheduled for construction or completion in the <br />fiscal year beginning January 1, 1977 and ending December 31, 1977 for <br />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 1976. <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, 1977 and ending December 31, 1977, there is <br />hereby levied a tax of 5 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 1976. <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, 1977 and ending December 31, 1977, there <br />is 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 1976. <br />Section 6. That the City Clerk is hereby authorized and directed <br />to immediately certify to the County Commissioners of Boulder County, <br />Colorado, the total tax levy for the City of Louisville, Colorado as <br />is herein set forth. <br />Resolved and passed at a regular meeting on the 19th day of <br />October, 1976. <br />ayor <br />ATTEST: <br />~, <br />City Clerk <br /> <br />