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<br />1 TIllS SECTION. OF THE MILL LEVY AUTHORIZED BY TIlE ELECTORS OF TIlE . <br />2 DISTRICT OR ANY SUBDISTRICT, NOT MORE THAN ONE MILL SHALL BE FOR <br />3 DISTRICT ADMIN1STRATIVE EXPENSES. <br />4 (4) THE BOARD, IN CERTIFYING ANNUAL LEVIES, SHALL TAKE INTO <br />5 ACCOUNT THE MATURING INDEBTEDNESS FOR TIlE ENSUING YEAR AS <br />6 PROVIDED IN ITS CONTRACTS, MATIJRlNG BONDS, INTEREST ON BONDS, AND <br />7 DEFICIENCIES AND DEFAULTS OF PRIOR YEARS AND SHALL MAKE AMPLE <br />8 PROVISION FOR THE PAYMENT TIlEREOF. IF TIlE MONEYS PRODUCED FROM <br />9 SUCH LEVIES, TOGETHER WITH OTHER REVENUES OF TIlE DISTRICT, ARE <br />10 NOT SUFFICIENT TO PAY PUNCTUALLY THE ANNUAL INSTALLMENTS ON ITS <br />11 CONTRACTS OR BONDS, INTEREST, AND DEF AUL TS AND DEFICIENCIES, TIlE <br />12 BOARD SHALL MAKE SUCH ADDmONAL LEVIES OF TAXES AS MAY BE <br />13 NECESSARY FOR SUCH PURPOSES, AND, NOTWITIlSTANDING ANY <br />14 LIMITATION PROVIDED IN TIllS ARTICLE, SUCH TAXES SHALL BE MADE AND . <br />15 CONTINUE TO BE LEVIED UNTIL TIlE INDEBTEDNESS OF TIlE DISTRICT IS <br />16 FULLY PAID. <br />17 (5) IN ACCORDANCE WITII TIlE SCHEDULE PRESCRIBED BY SECTION <br />18 39-5-128, C.R.S., TIlE BOARD SHALL CERTIFY TO THE BOARD OF COUNTY <br />19 COMMISSIONERS OF EACH COUNTY WITIlIN TIlE DISTRICT, OR HAVING A <br />20 PORTION OF ITS TERRITORY WITHIN THE DISTRICT, THE RATE SO FIXED IN <br />21 ORDER THAT, AT TIlE TIME AND IN THE MANNER REQUIRED BY LA WFOR TIlE <br />22 LEVYING OF TAXES, SUCH BOARD OF COUNTY COMMISSIONERS SHALL LEVY <br />23 SUCH TAX UPON TIlE VALUATION FOR ASSESSMENT OF ALL TAXABLE <br />24 PROPERTY WITHIN THE DISTRICT. <br />25 37-49-110. Property tax perpetual lien. IT IS TIlE DUIT OF TIlE <br />26 BODYHA VING AUTHORITY TO LEVY TAXES WITHIN EACH COUNTY TO LEVY <br />27 THE TAXES PROVIDED BY SECTION 37-49-109. IT IS THE DUIT OF ALL . <br /> <br />-20- <br /> <br />HB05-1298 <br />