HomeMy WebLinkAboutR82-110 1982 mill levy for CMCRESOLUTION
OF THE
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 82410
IN RE THE MATTER OF THE 1982 MILL LEVY FOR COLORADO MOUNTAIN
COLLEGE.
WHEREAS, the Board of County Commissioners of the
County of Eagle, State of Colorado, hereinafter referred to
as the "Board," is a political subdivision of the State of
Colorado, which is authorized to act pursuant to the
Constitution and Laws of the State of Colorado; and
WHEREAS, Colorado Mountain College, hereinafter
referred to as "CMC," is a taring authority created pursuant
to the Statutes of the State of Colorado; and
WHEREAS, pursuant to Article I of Title 39 of the
Colorado Revised Statutes, 1973, as amended, the sole
responsibility and right of the Board in reviewing the mill
levy assessed by the Colorado Mountain College is to certify
that levy to the Eagle County Assessor and, except for
procedural matters, the Board does not have the authority to
review or challenge a mill levy set by another taxing entity;
and
WHEREAS, the assessed value of property within that
portion of the CMC taxing authority located in Eagle County
for 1981, in regards to taxes due and payable in 1982, was
One Hundred Seventy -Seven Million Eight Hundred Fifty -One
Thousand Five Hundred Seventy Dollars and No /Cents
($177,851,570.00), and the assessed value of the aforesaid
property in 1982, for tax year 1983, was Two Hundred Eleven
Million One Hundred Forty -Seven Thousand Two Hundred Forty
Dollars and No /Cents ($211,147,240.00), which constitutes an
increase in such assessed value of approximately nineteen
percent (19 %); and
WHEREAS, the CMC mill levy for the year 1981 was
5.637 mills, and for the year 1982 will be 6.420 mills, as a
result of the Department of Local Affairs' approval for
Colorado Mountain College to exceed the 107% limitation,
which is contained in Section 29 -1 -302, C.R.S. 1973, as
amended, so that the CMC mill levy will generate Three
Hundred Fifty -Three Thousand Fifteen Dollars and 98 Cents
($353,015.98) more money in 1982 than 1981, which is a 35.21
increase; and
WHEREAS, for example, a taxpayer with property of a
1983 market value of One Hundred Thousand Dollars and
No /Cents ($100,000.00) or an assessed value of Twelve
Thousand Dollars and No /Cents ($12,000.00), utilizing a 1973
base year level of value, will pay the sum of Seventy -Seven
Dollars and 4 Cents ($77.04) to CMC as the result of the
above mill levy, of which amount Seven Dollars and 50 Cents
($7.50) is attributable to the decision of the Department of
Local Affairs; and
WHEREAS, between 1981 and 1982, the mill levy for
Eagle County has not shown the same increase, and over a five
year period, the increase in the CMC mill levy has greatly
exceeded the percentage increase for Eagle County.
NOW, THEREFORE, BE IT RESOLVED by the Board of
County Commissioners of the County of Eagle, State of
Colorado:
THAT, the Board does not endorse the increased mill
levy for Colorado Mountain College and the action of the
Department of Local Affairs in approving said increase.
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THAT, the Board is of the further opinion that the
aforementioned increase in the mill levy for Colorado
Mountain College belies the trust imposed upon public
officials to conserve a tax base and not put undue burden on
citizen property owners.
MOVED, READ AND ADOPTED by the Board of County
Commissioners of the County of Eagle, State of Colorado, at
its regular meeting held the day of December,
1982.
COUNTY OF EAGLE, STATE OF COLORADO
By and Through its
BOARD OF COUNTY COMMISSIONERS
ATTEST: By: "q ,<3S-e'!'�
DaIT,F. Grant, Chairman
C"erk to the Boar v Dan [dilliams, Commissioner
f County Commissioners
Keith Troxel, Commissioner
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