RESOLUTION NO. 56-03
A RESOLUTION AMENDING THE PROPERTY DESCRIPTION OF THE RIDGES METROPOLITAN DISTRICT TAXING AREAS
THE BOARD OF THE RIDGES METROPOLITAN DISTRICT
GRAND JUNCTION, COLORADO
Pursuant to section 32-1-1006(1)(B) C.R.S. and the attached resolution of the Ridges Metropolitan District Board, attached as Exhibit A and incorporated herein by this reference as if fully set forth, the City Council of the City of Grand Junction acting in the council’s capacity as the Ridges Metropolitan District (RMD) Board, determines that a change to the District’s taxing areas is reasonable and necessary.
The properties affected by this Resolution are all properties lying within the boundaries of the District, all of which are within the City of Grand Junction, Mesa County, Colorado.
Specifically the City, acting as and for the RMD has proposed to amend the taxing area descriptions of Tax Area #1 and Tax Area # 2 by removing the tax parcels identified below from Taxing Area #2 and placing the same parcels in Taxing Area #1.
Tax Parcel Numbers:
2945-174-41-941
2945-174-43-001
2945-202-00-933
2945-202-18-029
2945-202-44-001
2945-212-17-007
2945-291-00-066
This amendment of the Taxing Area descriptions is in the best interest of the owners in the RMD and the public will not be harmed thereby. The amendment of the Taxing Areas, taking into consideration the levy set and the assessed valuation in the areas, when that levy is made upon the valuation for assessment of taxable property within the District, will supply adequate funds for the payment of the costs of operating and maintaining the services, facilities and bond restructuring of the District.
In accordance with the 1992 annexation of the Ridges by the City and the concurrent bond restructuring, the City as the RMD Board certifies mill levy’s for the collection of taxes. By amendment of the Taxing Areas no new debt will be created nor does the amendment constitute a change in tax policy.
NOW THEREFORE BE IT RESOLVED THAT the City Council of the City of Grand Junction acting as the Ridges Metropolitan District Board does hereby find, resolve and determine that the tax parcels in Taxing Area #2 as described herein are hereby designated and determined to be, by this resolution, in Taxing Area #1. A hearing upon the foregoing having been duly noticed the amendment is made and effective upon signature below.
Passed, approved and adopted this 16th June, 2003.
RIDGES METROPOLITAN DISTRICT
By /s/: Jim Spehar
Jim Spehar, President
Board of Directors
ATTEST:
/s/: Stephanie Tuin
Secretary of the Board