Ordinance 1994-1157 - Laserfiche WebLink

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Section 3. A special election is hereby called to be held on November 8, 1994, to determine whether this ordinance shall take effect. Section 4. This ordinance shall not take effect unless and until a majority of the registered voters voting at the special election called for November 8, 1994 vote "yes" in response to the following ballot title: SHALL CITY OF LOUISVILLE TAXES BE INCREASED $559,330 ANNUALLY (IN THE FIRST FULL YEAR), BY APPROVAL OF ORDINANCE NO. 1157, WHICH EXTENDS, FOR A NINE-YEAR PERIOD, THE CITY'S USE TAX RATE OF THREE AND THREE- EIGHTHS PERCENT (3-3/8%) TO THE USE OR CONSUMPTION OF CONSTRUCTION AND BUILDING MATERIALS PURCHASED AT RETAIL FOR USE IN CONNECTION WITH RESIDENTIAL CONSTRUCTION OR RESIDENTIAL BUILDING PROJECTS, WITH REVENUES FROM THE THREE PERCENT (3%) PORTION OF SAID USE TAX EXTENSION TO BE USED, IN ACCORDANCE WITH SAID ORDINANCE, FOR PURPOSES DETERMINED BY THE CITY COUNCIL TO FURTHER THE ACQUISITION, IMPROVEMENT, OR EXPANSION OF THE EDUCATIONAL FACILITIES OF THE BOULDER VALLEY SCHOOL DISTRICT RE-2 SERVING THE CITIZENS OF LOUISVILLE AND THEIR SCHOOL-AGE CHILDREN, WHICH PURPOSES MAY INCLUDE BUT SHALL NOT BE LIMITED TO THE ACQUISITION OF LAND WITHIN THE BOUNDARIES OF THE CITY, THE SITE OF WHICH SHALL BE ACCEPTABLE TO THE CITY COUNCIL AND TO THE BOARD OF EDUCATION OF THE SCHOOL DISTRICT, AND UPON WHICH SHALL BE CONSTRUCTED A NEW HIGH SCHOOL, AND WITH REVENUES FROM THE THREE-EIGHTHS PERCENT (3/8%) PORTION OF SAID USE TAX EXTENSION TO BE USED, IN ACCORDANCE WITH ORDINANCE NO. 1119 ( SERIES 1993 ), AS APPROVED BY THE REGISTERED ELECTORS AT THE NOVEMBER 2, 1993 ELECTION, FOR THE ACQUISITION OF LAND IN AND AROUND THE CITY OF LOUISVILLE FOR OPEN SPACE BUFFER ZONES, TRAILS, WILDLIFE HABITATS, WETLANDS PRESERVATION AND FUTURE PARKS, THE REVENUES FROM SAID EXTENS10N TO BE COLLECTED AND SPENT, REGARDLESS OF WHETHER SAID REVENUES, IN ANY YEAR AFTER THE FIRST FULL YEAR IN WHICH SAID USE TAX EXTENSION IS IN EFFECT, EXCEED THE ESTIMATED DOLLAR AMOUNT STATED ABOVE, AND WITHOUT ANY OTHER LIMITATION OR CONDITION, AND WITHOUT LIMITING THE COLLECTION OR SPENDING OF ANY OTHER REVENUES OR FUNDS BY THE CITY OF LOUISVILLE, UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? Section 5. The provisions of this ordinance shall take effect upon passage and approval thereof as provided in Section 4. Section 6. Any person who violates any provision of this ordinance shall be punished by a fine of not more than one thousand dollars ($1,000) or by imprisonment not to exceed one (1) year, or both such fine and imprisonment. Each day during any portion of 5