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<br />RECDRD Df PRDCEEDIMB
<br />
<br />RESOLUTION AND ORDER
<br />
<br />WHEREAS. it is the duty of said Board of Directors. (Section 16 of said Water
<br />Conservancy Act of Colorado), in each year to determine the amount of money
<br />necessary to be raised by taxation. taking into consideration other sources of
<br />revenue to the District, and to fix a rate of levy, which, when levied upon every
<br />dollar of assessed valuation of property within the District, and with other
<br />revenue will ratse the amount required for the District to supply funds for pay-
<br />,ing expenses of organization. for surveys and plans. paying the cost of construc-
<br />tion, operating and maintaining the works of the District, not exceeding one~half
<br />mill on the dollar prior to the delivery of water from the works of the District;
<br />and,
<br />
<br />I
<br />
<br />WHEREAS, James Shoun, a Director of the District, was appointed hy this
<br />Board of Directors to prepare the Budget for the year 1969, and has submitted
<br />the same to the said Board, and the District has caused to be published the
<br />requisite Notice of Hearing,
<br />
<br />NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the
<br />Southeastern Colorado Water Conservancy District hereby approves and adopts
<br />the Budget as submitted and appropriates the funds for the purposes shown within
<br />said Budget; and,
<br />
<br />BE IT FURTHER RESOLVED, that the Board of Directors of said District does
<br />now determine that the amount of money to be raised by taxation for said pur-
<br />poses for the year 1968, to be collected in the year 1969, is $227, 700. 00 and
<br />said Board of Directors does hereby fix the rate of levy of four-tenths of one_
<br />mill to be levied upon every dollar of assessed valuation of property, both real
<br />and personal, within the Southeastern Colorado Water Conservancy District for
<br />the year 1968; and
<br />
<br />BE IT FURTHER RESOLVED, that the Board of Directors of said District does
<br />now certify to the Board of County Commissioners of Bent, Chaffee, Crowley,
<br />El Paso. Fremont, Kiowa, Otero. Prowers, and Pueblo Counties, in the State
<br />of Colorado, sa.id rate of four-tenths of One mill. so fixed for said purposes of
<br />said District to be levied upon every dollar of assessed value on all property
<br />within said District in said Counties as aforesaid; and does direct that at the
<br />time and in the manner required by Law for levying of taxes for County purposes,
<br />said Board of County Commissioners shall levy said tax of four-tenths of one
<br />mill upon each dollar of assessed valuation of all property, real and personal,
<br />within the District. in their respective Counties, in addition to such other taxes
<br />as may be levied hy such Board of County Commissioners; and,
<br />
<br />BE IT FURTHER RESOLVED, that all Officers having authority to levy and
<br />collect such taxes within each said County, levy and collect such taxes in the
<br />form and manner as County taxes are collected and. when collected to pay same
<br />to Southeastern Colorado Water Conservancy District, as provided hy said
<br />Water Conservancy Act.
<br />
<br />President Nichols then asked all in attendance if there were any objections or observa-
<br />tions relative to the Budget during this Puhlic Hearing. Hearing none, Budget Officer
<br />Shoun moved, seconded by Young, that the Budget Resolution be adopted by the .Board
<br />of Directors. Motion unanimously carried.
<br />
<br />SB 407 REPORT CONTINUED:
<br />
<br />Everett asked Mr. Geissinger what consideration was being given to protect' the junior
<br />
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