City Council Minutes 2002 03 19 - Laserfiche WebLink

Home Browse Search

Louisville City Council Meeting March 19, 2002 Page 3 Ray summarized that the ordinance identifies the various processes in self-collecting, and provides the rules to carry out procedures. City Attomey Sam Light reviewed the second reading amendments for Ordinance No. 1375, Series 2002 that clarifies the language and corrects inconsistencies. Sisk opened the public hearing and asked if anyone in the audience wished to comment on Ordinance No. 1375, Series 2002. There were no public comments. COUNCIL COMMENTS Sisk stated that the Sales Tax Ordinance represents a great deal of Staff time and effort and Council input. He thanked Staff for all their efforts. Mayer also thanked Staff for their work on the ordinance and stated that self-collection of sales tax will provide a major advantage for the City. Keany requested that advance information and notice be given to the businesses that will be affected by the Ordinance. He suggested a public meeting to assist businesses. He suggested that initially, a grace period be given for missed or late returns. Sisk noted that the ordinance has provisions for late or missed returns. Sisk called for public comments. Hearing none, Sisk closed the public hearing. MOTION: Mayer moved that Council approve Ordinance No. 1375, Series 2002, as amended, seconded by Brown. Roll call vote was taken. The motion passed by a vote of 6-0. Davidson excused. RESOLUTION NO. 9, SERIES 2002 - A RESOLUTION AMENDING THE 2002 BUDGET BY INCREASING REVENUES AND APPROPRIATIONS IN THE CAPITAL PROJECTS AND WATER UTILITY FUNDS FOR THE CITY OF LOUISVILLE, COLORADO Sisk called for Staff presentation. Finance Director Dianne Ray reviewed that at the end of 2001 certain encumbrances remained open, to be expended in 2002. The totals, by fund, are shown on the 2001 audited financial report as a reserve of fund balance. The appropriations for these items require amendment of the 2002 budget. Sisk asked Ray to review Appendix A. Ray stated that Appendix A was not in the Council packet, but she would make copies and review the document for Council.