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1992-29 Annual Appropriation Ordinance: Adopting a Budget and Financial Plan and Making Appropriations to Pay the Costs, Expenses, and Liabilities of the Town of Vail For 1993
r ~~ ORDINANCE NO. 29 SERIES 1992 ANNUAL APPROPRIATION ORDINANCE: ADOPTING A BUDGET AND FINANCIAL PLAN AND MAKING APPROPRIATIONS TO PAY THE COSTS, EXPENSES, AND LIABILITIES OF THE TOWN OF VAIL, COLORADO, FOR ITS FISCAL YEAR JANUARY 1, 1993, THROUGH DECEMBER 31, 1993, AND PROVIDING FOR THE LEVY ASSESSMENT AND COLLECTION OF TOWN AD VALOREM PROPERTY TAXES DUE FOR THE 1992 TAX YEAR AND PAYABLE IN THE 1993 FISCAL YEAR. WHEREAS, in accordance with Article 1X of the Charter of the Town of Vaii, Colorado, the Town Manager prepared and submi#ted to the Town Council a proposed long-range capital program for the Town and a proposed budget and financial plan for ail Town funds and activities for the 1993 fiscal year; and WHEREAS, notice of public hearing on the proposed Town budget and capital program was published on the 9th day of October, 1992, mare than seven (7) days prior to the hearing held on the 20th day of October, 1992, pursuant to Section 9.5 of the Charter; and WHEREAS, it is necessary for the Town Council to adopt a budget and financial plan for the 1993 fiscal year, to make appropriations for the amounts specified in the budget, and to provide for the levy, assessment and collection of Town ad valorem property takes due for the 1992 year and payable in the 1993 fiscal year. NOW, THEREFORE, be it ordained by the Town Council of the Town of Vail, Colorado, that: 1. The procedures prescribed in Article IX of the Charter of the Town of Vaii, Colorado, for the enactment hereof have been fulfilled. 2. Pursuant to Article lX of the Charter, the Town Council hereby makes the following annual appropriations for the Town of Vail, Colorado, for its fiscal year beginning on the first day of January, 1993, and ending on the 31st day of December, 1993: FUND AMOUNT General Fund $14,457,653 Capital Projects Fund 7,344,772 Conservat~.an Trust Fund 12,100 Real Estate Transfer Tax 2,056,788 Special Parking .Assessment 282,000 Heavy Equipment Fund 1,380,825 Police Seizure Fund 155,288 Debt Service Fund 5,565,468 Health insurance Fund 657,000 Lionshead Mall Debt Service 106,000 Nail Marketing Fund 667,041 West Vail Debt Service Fund 7,031 Booth Creek Debt Service Fund 382,838 Police Building Construction Fund 4,000,000 '~'ota~-: 37, 074, 808 Less Interfund Transt:ers: <8.587,387> Total. Budget $28,487,421 1 3. The Town Council hereby adopts the full and complete Budget and Financial Plan for the 1993 fiscal year for the Tawn of Vail, Colorado, which are incorporated by reference herein and made part hereof, and copies of said public records shall be made available to the public in the Municipal Building of the Town. 4. Eor the purpose of defraying part of the operating and capital expenses of the Town of Vail, Colorado, during its 1992 fiscal year, the Town Council hereby levies a property tax of 6.689 mills upon each dollar of the total assessed valuation of $329,155,250 for the 1992 tax year of all taxable property within the Town, which will result in a gross tax levy of $2,201,719. 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. 5. 'This Ordinance shall take effect five (5} days after publication following the final passage hereof. 6. 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 fiact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. 7. 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. 8. 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 ar proceedings as commenced under or by virtue of the provision repeated or repealed and reenac#ed. The repea! of any provision hereby shall not revive any provision or any ordinance previously repealed or superseded unless expressly stated herein. 9. 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, APPROVED, AND OR©ERED PUBLISHED ONCE IN i=ULL ON FIRST READING this 2Dth day of October, 1992, and a public hearing shall be held on this Ordinance on the 3rd day of November, 1992, at 7:30 p.m. in the Council Chambers of the VaiE Municipal Building, Vail, Colorado. Margaret A. Osterfoss, Mayor" ATTEST: 1f ~t.A. t~ . ~aect~, Martha S. Raecker, Town Clerk z ~ }•' READ AND APPROVED ON SECOND READ[NO AND ORDERED PU~LlSHED In ~~ ,this ~'~ day of Novc~nb~; 199. Margaret A. Osterfoss, Mayor ArrEST: ~ ~. ~.~- Marth~ S. Raecker, Town Clerk c:w~osz.ze 3 •' • • .~ ~ ~ ~ ~ ~ ~ ~~~o~~~~Q~~ n ~ ~ ~ g ~, S ~ ~~ ~ ~ ~ ~ ~~~ ~ ~ ~ ~ ~ ~ ~ ~~~gQ~ ~ ~ ~. ~ ~~y ~ ~m ~ ~ ~ ~, ~~ ~ o ~ ~~g ~~~ ~ O ~ ~ ~ ~ ~ ~ ~~~ ~~_~ ~ v ~ ~ ~ Q~~~y~~a~o ~ ~ f Q ~ gw ~ ~ ~~a -~ O ~. ~ ~ ~. ~ vy ~ ~ ~ ~ ~ ~ a ~ ~~~ a ~ 6~ ~ o _ A ~ ~. ~. ~ ~ A ~, ~ ~~~ ~~ ~a y ~~ ~ ~ ~ ~o ~.~~:~ a~ ~" ~ I~ ~ ~ ~~ ~~ ~ ~~' ~ ~ ~ ~~~~o Q ~~ ~ ~+~~ ~ ~ ~ a~R Q~ ~';~~~~~ 7 ~ ~~ ~ ~ ~~ ~~~ ~ ~ ~ 3 s~a. ~ .., . x r _.- _ . ~ ~ _ .`` (~ D ~ ~~Q ~. ~ ~~. ~~ ~ ~ ~~ a ~~ ~ ~ ~ ~ ~~~~ ~ ~~~~ ~~ ~ ~ ~5~~~ ~. ~ ~. ~ ~ ~ ~~~ ~ ~ g ~ ~, ~ ~ ~~~~ ~~~ ~~ ~~.g~ ~ ~ ~ ~~ .~ ~ . . ~ _~..~ ~~ ~ ~ ~ ~ ~ ~ ~ ~~~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~~ ~~~~~ ~a ~ ~~ ~ .~ f ~ ~ ~ ~ ~ (? 4 "~ g ~ ~ ~~~~~~~~Q.~~ 3 ~ ~ ~ o ~~ ~.~~~~~ ~ ~ ~, ~ ~ r ~ ~~~~ Qm~ w ~ ~ ~ ~ Q ~ ~ ~ ~~ 3 ~.3 r ~ ~ g~ ~s ~ A A ~ ~ "~ ~ ~ ~ ~ Q ~ ~o.'ti~~gC .~ ~ ~ ~ ~ ~ ~ ~ ~ c ~• ~ ~ 5 ~ ~ ~ ~ ~ ~ ~.~ o Q~ ~. a~ ~~ ~ ~ Q ~ ~ ~~o ~ r. g ~ -~ ~ ~ ~~~Q ~ ~ ~ g ~N ~ ~~ ~~ ~- ~ ~ ~ Q ~ ~~,~~m °~ ~ ~ •~ ~ ~ ~ ~~ ~~a ~ l~ ry r~ 'd ~, ~ C~ ~ ~~~~~~ 3 ~~' .~ ~ ~ ~W ~~~ ~ 3 ° °a0.~~°~g a ., Public Nonce ORDINANCE ND. 20 Barlee of 1002 ANNUAL APPRgPR1ATION ORDINANCE: ADOPTING k 8Uf]t3ET AND FfNANCIAL PLAN ANp MAKING APPAOPR1A710N5 TO PAY THE C037S, EXPENSES, ANp LIABILITIES OF THE TONM OF VAiL, t~?LLDRADO, FOR ITS F15CAL YEAR JANUARY 1, 1983, THROUGH DECEM• BER 31, 1803, AND PROVIDING FOR THE LEVY ASSESSMENT AND COLLECTION OF '. TOWN AD VALOREM PROPERTY TAXES DUE ~ fOR THE 1892 TAX YEAR AND PAYA9LE IN THE 1983 f1SCA4 YEAR. WHEREAS, In aooordance with Article IX d Ues Charter d ltre Town d Vail. Colorado, the Town M., .~,. proparod and aubrrirCed to the Town County a . ~ . ~..., ed bnB-range rypital program for Nre Town and a prvpaed MrdOet arrd f:rarw~al plan for a0 Town Funds and activAies for t the 1893 fiecat year, and WHEREAS, notice d public hearing on the ,, ., ,..:d Town budget and capital program was pubNshed on tt,e 9th day d Odaber, 11382. mwe Henn saver, (/y day, prior to flee nearing held on the 20th day d October, 1892, pursuant to 3eo- Burs 9.5 d the ChaAer; and WHEREAS, {t h nsceasary for the Town ` Courrril b adopt a b++dget and finarwtisl plan for ~ f11e 1'883 bevel Year, W make , ..Ilona far the 8r17CNfrts a, . ,~! . J in fire bud9el. era to r , 'y: for the levy, assessment and coNedion d Town rd eirlorsrn ... taxes due far the 1982 year and payable in fire 1983 year. NO+yV, THEREFORE, BE IT ORDANED BY THE TOW1V COUNCIL OF THE TOWN OF VAIL, CIX ORADO, THAT: SECTION 1, The prooeduree praacrrlrsd in Ar- tails 1X aF the Charter of the Town of Vail, Cobrado, tar the , . : frsrsd hers been (uM'itted. SECTIDIV 2. Pursuant b Article IX d are Charter, ms Town Ovuncr7 hsroby makes me Id• owing annual sppraprfatiorra for the Town d Val, Catorado. for eta Mcsl year bsgirening an the Find day d January, 1983, and andirrg on the 31st day d Deoarrber, 1889: FUND-AMOUNT C+errersJ Fund - 514,457,653 tsipial ' .Fund •17.944.772 Carreervalion Treat Fund - 312,100 Reef Estate Tnvmfsr Tax -32,058.780 Spacial Parking Aeseaamenl •5262,1)00 Heavy Egerrprrerrt Fund - 31,980,829 Pokoe Seauro Fund - 5156,285 Debt ^~ . ~.. Fund -16.586.489 Fbalth kewrance Ftrrrd - 3657,OOD Lbr»ftisad Matf Debt Service • Sit78,tXX1 Vas MarkMireg Furl -5867,041 West Vail DabA Serviaia Fund -57,031 Booth Creak Debt Sarvioe Fund - 3382,838 Ponce Building Conatructian Fund 14,000.000 Total: - S97,074,806 Less lnterlund Trarrslars: 58,567,387> Total Budgart • 528p87,421 SECTION 3. The Town Counoi! hereby adopts tiro full and correlate BudgM and Finandal Plan for the 1953 fiscal year fw the Town d Vail. Cobrada which xa " ,...,i by referanoa herein and made part trereryl, and Ccplea of said public records shall t» rheas available fo the public in the Msrrskipat Guiding d the Town. SECTION 4. For the purpoas d defraying part of the operating and oapxal .,w.., ., d the Torun c1 Vail, Colorado, during r3s 1992 4iscal year, the Town Coundf hereby levies a property tax d 6.688 mina upon each ddlar d the total as- ~,,::. sassed valuation d 5329,155,250 for the 1982 tax year d al taxable ,„ ., . '., wYtrin tt,e 7orwre, which wrp result in a grass tax levy d 32,201,718. Said assessment shall be duly rtade by the County d EaQk, StaW d Coforodo, as directed fry fha Cobrado Revised Statutes ~i979 ~ amended). and as c.. ..e requirod by law. ;.. _. SECTION 5. This Ordlnarres shay false effect Ewe {5~ days a(br prArlication fdhwirg the flnet psesape feared. ;,._,. SECTgN6. tf any part, section, subsection. sentence, "~ ; - clause or phrase W leis ordinance Is for any reason held to tae kevaNd, ouch dedsbn shall nvl aNect the validity d the rerr>,alnireg ponbna d mh ,;,..~ _., ordirtenoe; and the Tovm Courrdl hereby declazea a would nave passed mh ordinance. and each ~,. ,. ; . patt, section, sutnectbn, sentence. clause or phrase thereof, regardless d the tact that ary one or mote parts, sections, subsections, aentereces, • I claueea or phrases t1e declared invalW. 8EC71DN 9. ~ "' SECTION 7. All tYyllMrs, orders, resdutlorls lard , , -... The Tavrs Council hereby finds, determinea ~~ or parts UrOred, ktootKistent Ieerewllh are hWeby arrd declares oral this Ordinance M ~ .:..:ary area rapsslad to the tMdsrtt arty d such keoorMllderrcll. proper fur me health, salary and welfare of the 11th rsprraier shsdl not be . , ~ : led to revise anY , Tam at Vail and the Inhebltanta tharaol. bylaw, order, resokrtlon or ordinance, or f>a0 SECTON 8. fleeted, I . ... , . ~. ~d. The repeal or ttte repeal and : , ,..~ t d fNTF1UDl1GED, READ. APPfiOYE:D AND OR- any provlabns of the Vail Municipal fvde as DERED PUBLISf~D ONCE IN FULL Orl FIRST Provided in thM ordksanca sha11 not stteti arty right wNh Iras accrued. any duty Imposed. any F~ApMIp this 20th day d October, 1992, and a viotedbn drat occurred prior to me etfesxlve date pubic haarkeg shot be held on this Orarrartos on hereof, any Prosecution .. ~ ~, ~ . ~: J, not any the 9rd day d I . 1092 a! 730 pm Intfre saver aotdm tx ,...:: ~"ng as ~., . .: J under Casrndl Char+bers d tlr. Vd Mexialptd Building, a by virtue d the f ,. ..c.., repesied a : r :.:: ~ yam, C, , , „ and raenarted, Tha repeal of any prwiebn TCJWN OF VAIL hereby shaft not revive any ,.~ ... ,n or any Marparst A. C 'c . r vrdlrtanoe prevbusly repealed w sOperseded ~,y„ ~, unlgc~ expressly etffied lwatn. ATTEST: SECTION 9. felaAtea 8. flMdssr Afl trylesrs , resdutiorrs and ordinances. Torwe Clark a parts t , inconsistent herewith are hereby y~AD ~p A , r , ~ lED GN wcr.r.s~ ~Ap- repealed the extent only of such Inconsistency. N4(i ANO OFIDEiIED PUBLISHEb ONCE IN This r r snail rent be oortatrued to revise any p~ ~ ~ ,~, d ~, Igg2, by1 ,order, resolulton or ordinance, yr pars .TOWN OF VAIL ,heretofore repealed. M ,. A, Oaterfoas INTRDAUCED, READ, APPROVED AND OR- 11TT~5T DERED PUBLISHED ONCE IN FULL ON FIRST s t . ,iMwYta ~ « READINt3 mla 20th day d Odotler, 1892, and a Ttrwn Cls+k ~ two hearing shall be frets on tiria Ordinance on , PrtbtiYeed in The Vail Troll the 3rd day d N. L : r, f 992 at 730 P•m in the on N. ., :. tT, 1802 _ Caurrcil Gharrrbers at the YaA Mureicipril Building. Vail, Cabrarlo. s -- - - TOWN DF VAIL MargarM A Osterfaes