HomeMy WebLinkAbout1994-22 Declaring the Town Council's Support for the Eagle County Property Tax Increase to Aquire and Maintain Open Space in Eagle, County, ColoradoRESOLUTION N0. 22
SERIES OF 1994
A RESOLUTION DECLARING VAIL TOWN COUNCIL'S SUPPORT
FOR THE EAGLE COUNTY PROPERTY TAX INCREASE TO
ACQUIRE AND MAINTAIN OPEN SPACE IN EAGLE, COUNTY, COLORADO.
WHEREAS, the Board of County Commissioners for Eagle County, Colorado has
appointed an open space committee to study the need for acquisition of open space in Eagle
County; and
WHEREAS, that committee has recommended that there is a need to acquire open space
in Eagle County under the current legal framework and a 1.5 mill increase in the ad valorem
property tax mill levy is the most workable method to fund the acquisition of open space; and
WHEREAS, the acquisition and maintenance of significant open areas in Eagle County
will continue to be more difficult and competitive, time-consuming and expensive as a result of
growth and market factors; and
WHEREAS, the amount of resources and revenues currently available to the County for
the purpose of acquiring and maintaining open space is insufficient to finance the costs required
to establish and operate an open space program; and
WHEREAS, the Town of Vail has engaged in significant acquisitions of open space that
have improved the quality of life within the Town of Vail and an Eagle County program will
supplement the program in place within the Town of Vail; and
WHEREAS, the additional revenue attributable to the increased property tax levy, including
interest and other earnings, if approved by the electors of the County, would be credited to a
special fund in the County treasury to be know as the County Open Space Fund to be used only
for the acquisition and maintenance of open space.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail,
Colorado:
1. The 1.5 mill increase in the ad valorem property tax to provide for a special fund to be
known as the County Open Space Fund which shall be used only for the acquisition and
maintenance of open space is hereby supported because it would be advantageous to the Town
of Vail and its citizens.
2. Citizens are encouraged to become fully informed about all the details of the ballot
question and its affects upon them and their community before voting on November 8th.
Resolution No. 22, Series o1 1996
3. The citizens of the Town are encouraged to rote "YES" for Tax increase for the
purpose of acquiring and maintaining open space.
4. That this resolution shall take effect immediately upon its passage.
INTRODUCED, READ, APPROVED AND ADOPTED this 18th day of October, 1994.
c~~.
Margare'~ A. Osterfoss,
ATTEST:
m~
Holly L.' McCutcheon, Town Clerk
C:IRESOLU94.27
Mayor
ResolutiDn Na. 22, Series o1 1994
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