HomeMy WebLinkAbout2024-19 An Ordinance Providing for the Levy Assessment and Collection of Town Ad Valorem Property Taxes Due for the 2024 Tax YearORDINANCE NO. 19
Series of 2024
AN ORDINANCE PROVIDING FOR THE LEVY ASSESSMENT AND COLLECTION
OF TOWN AD VALOREM PROPERTY TAXES DUE FOR THE 2024 TAX YEAR AND
PAYABLE IN THE 2025 FISCAL YEAR.
WHEREAS, it is necessary for the Town Council to provide for the levy,
assessment and collection of Town ad valorem property taxes due for the 2024 year
and payable in the 2025 fiscal year.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO, THAT:
1. For the purpose of defraying part of the operating and capital expenses of
the Town of Vail, Colorado, during its 2025 fiscal year, the Town Council hereby levies a
property tax of 4.789 mills upon each dollar of the total assessed valuation of
$1,601,691,470 for the 2024 tax year of all taxable property within the Town, which will
result in a gross tax levy of $7,670,500 calculated as follows:
Base mill levy 4.690 $7,511,933
Abatement levy .099 158,567
Total mill levy 4.789 $7.670.500
Said assessment shall be duly made by the County of Eagle, State of Colorado, as
directed by the Colorado Revised Statutes (1973 as amended), and as otherwise
required by law.
2. If any part, section, subsection, sentence, clause or phrase of this
ordinance is for any reason held to be invalid, such decision shall not affect the validity
of the remaining portions of this ordinance; and the Town Council hereby declares it
would have passed this ordinance, and each part, section, subsection, sentence, clause
or phrase thereof, regardless of the fact that any one or more parts, sections,
subsections, sentences, clauses or phrases be declared invalid.
3. The Town Council hereby finds, determines, and declares that this
ordinance is necessary and proper for the health, safety, and welfare of the Town of Vail
and the inhabitants thereof.
Ordinance 19, Series of 2024
4. The repeal or the repeal and reenactment of any provision of the
Municipal Code of the Town of Vail as provided in this ordinance shall not affect any
right which has accrued, any duty imposed, any violation that occurred prior to the
effective date hereof, any prosecution commenced, nor any other action or proceedings
as commenced under or by virtue of the provision repealed or repealed and reenacted.
The repeal of any provision hereby shall not revive any provision or any ordinance
previously repealed or superseded unless expressly stated herein.
5. All bylaws, orders, resolutions, and ordinances, or parts thereof,
inconsistent herewith are repealed to the extent only of such inconsistency. This
repealer shall not be construed to revise any bylaw, order, resolution, or ordinance, or
part thereof, theretofore repealed.
INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED
PUBLISHED ONCE IN FULL ON FIRST READING, this 19t" day of November, 2024. A
public hearing shall be held hereon at 6:00 PM on the 3rd day of December 2024, at the
regular meeting of the Town Council of the Town of Vail, Colorado, in the Council
Chambers of the Municipal Building of the Town.
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Travis Cog?,Mayor
ATTEST:
��u ✓ "L-
-�S Stephanie Kauffman, Town Clerk
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READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN
FULL this 3rd day of December 2024.
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Travis Coggin, yor
ATTEST:
Stephanie Kauffman, Yown Clerk
Ordinance 19, Series of 2024