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<br />PRESENTATION - LOUISVILLE D.A.R.E. PROGRAM - BOULDER VELO <br /> <br />Scott Cooper, Race Director of the Coal Miners Classic Bicycle Race in downtown Louisville, <br />presented a check for $400.00 to the City for the D.A.R.E. program from proceeds from the race. <br /> <br />PROCLAMATION - LIGHT UP LOUISVILLE CAMPAIGN - LOUISVILLE CHAMBER <br />OF COMMERCEILOUISVILLE POLICE DEPARTMENT <br /> <br />Davidson read and presented the Light Up Louisville proclamation to the Gene Caranci, Executive <br />Director, Louisville Chamber of Commerce. <br /> <br />RESOLUTION NO. 67, SERIES 1996 - RESOLUTION OF INTENT OF THE CITY <br />COUNCIL OF THE CITY OF LOUISVILLE, COLORADO REGARDING THE USE OF <br />ADDITIONAL SALES AND USE TAX REVENUES SHOULD ISSUE 2A BE APPROVED <br />AT THE NOVEMBER 5,1996, SPECIAL MUNICIPAL ELECTION <br /> <br />Davidson explained that Council, in asking the citizens to de-Bruce the sales and use tax, wanted to <br />tell the citizens what they would be doing with the money in the next few years. The money would <br />go to additional open space acquisition and maintenance, neighborhood and gateway beautification <br />projects (landscaping), additional operating hours of the Louisville Public Library, specifically <br />Sundays, improvements and additions to City recreational facilities, including trails, tennis courts, <br />park enhancements, enhancements to the Recreation Center and Senior Center programs, and for debt <br />reduction. <br /> <br />Davidson called for Council comments. <br /> <br />Howard was in favor of continued debt reduction. <br /> <br />Mayer pointed out that the growth being used this year was the growth from 1995 and did not include <br />hotels, Home Depot and Eagle. As far as debt reduction, this year the City had instituted <br />approximately $1 million directly toward debt reduction by paying off the 1986 water bonds and <br />another $4 million toward paying the 1989 water bonds. <br /> <br />Keany praised prior councils for their work toward making Louisville the type of city that entities like <br />Home Depot would like to move to. <br /> <br />Lathrop agreed with Keany and Howard. <br /> <br />Davidson pointed out that, if you look at the City's history of budgets, this Council is about the most <br />fiscally conservative Council in the state. <br /> <br />Sisk moved that Council approve Resolution No. 67, Series 1996, seconded by Keany. Roll call was <br />taken. Motion passed by a 7 - 0 vote. <br /> <br />4 <br />