Resolution No. 3 - TDM
RESOLUTION NO.3
A RESOLUTION ESTABLISHING THE 2011 CITY OF
BOULDER, BOULDER JUNCTION ACCESS COMMISSION
GENERAL IMPROVEMENT DISTRICT - TRAVEL DEMAND
MANAGEMENT PROPERTY TAX MILL LEVY FOR
PAYMENT OF EXPENDITURES, IN PART, OF THE DISTRICT
DURING THE FISCAL YEAR 2012, AND SETTING FORTH
DETAILS IN RELATION THERETO.
WHEREAS, the Board has prepared and adopted a budget for the District for the
2012 fiscal year; and
WHEREAS, the Board has reviewed the projected expenditures of the District for
2012, and
WHEREAS, the Board has considered all sources of revenue of the District; and
WHEREAS, the Board has determined that there will not be sufficient revenues
produced by the facilities operated by the District along with income from investment to
cover expenses of operation and debt service and that a tax levy of 5.000 mills should
therefore be imposed; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL,
ACTING AS THE BOARD OF DIRECTORS OF THE CITY OF BOULDER,
BOULDER JUNCTION ACCESS COMMISSION GENERAL IMPROVEMENT
DISTRICT - TRAVEL DEMAND MANAGEMENT, that:
Section 1. Effective at 12:00 Midnight at the end of December 31, 2011 there is
hereby levied for the year of 2011, to be collected in 2012 a tax of 5.000 mills upon each
dollar of the total assessed valuation of all taxable property within the area of the City of
Boulder, Boulder Junction Access Commission General Improvement District - Travel
Demand Management.
Section 2. The secretary of the District is directed to certify the within levy to the
County Assessor, Boulder County, Colorado.
ADOPTED this 18th day of October, 2011.
Chair
Attest:
Secretary