RESOLUTION NO. 114-03

A RESOLUTION LEVYING TEMPORARY CREDIT TAXES FOR THE YEAR 2003 IN THE CITY OF GRAND JUNCTION, COLORADO

BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO:

 That there shall be and hereby is levied upon all taxable property within the limits of the City of Grand Junction, Colorado, for the year 2003 according to the assessed valuation of said property, a temporary credit tax of six hundred thirty-one thousandths (0.631) mills on the dollar ($1.00) upon the total assessment of taxable property within the City of Grand Junction, Colorado for the purpose of refunding revenue collected in 2002 in excess of the limitations set forth in the Tabor Amendment, Article X, Section 20 of the Colorado Constitution et.seq.crs. This temporary credit is pursuant to CRS 39-5-121 (SB 93-255). The Assessor may include this temporary credit in the notice of estimated taxes, if any.

 ADOPTED AND APPROVED THIS 3rd day of December, 2003.

             APPROVED:

             /s/ Jim Spehar      

             President of the Council

ATTEST:  

/s/ Stephanie Tuin    

City Clerk

T A X L E V Y C E R T I F I C A T I O N

 TO COUNTY COMMISSIONERS AND ASSESSOR

STATE OF COLORADO  )

COUNTY OF MESA    ) SS

CITY OF GRAND JUNCTION  )

 To the Commissioners of Mesa County, Colorado:

 This is to certify that the temporary credit tax levy to be assessed by you upon all property within the limits of the City of Grand Junction for the year 2003, as determined and fixed by the City Council by Resolution duly passed on the 3rd day of December, 2003, a copy of which is attached, is six hundred thirty-one thousandths (0.631) mills, the property tax credit of said levy to be used for the purpose of refunding revenue collected in 2002 in excess of the limitations set forth in the Tabor Amendment, Article X, Section 20 of the Colorado Constitution et.seq.crs. This temporary credit is pursuant to CRS 39-5-121 (SB 93-255).

 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Grand Junction, Colorado, this 5th day of December, 2003.

               /s/ Stephanie Tuin    

               City Clerk

cc: County Assessor