Ordinance 2016-1724 - Laserfiche WebLink

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WHEREAS, pursuant to Ordinance No. 1723, Series 2016, the City Council referred to the voters a TABOR ballot issue for the purpose of constructing, expanding and renovating the Louisville Recreation/Senior Center and the pool facilities at Memory Square Park; and WHEREAS, the City Council is of the opinion that it should refer to the voters at the November 8, 2016 election a TABOR ballot issue concerning the imposition of an additional sales and use tax to begin January 1, 2018, and to be imposed only if the TABOR ballot issue referred by Ordinance No. 1723, Series 2016 is approved by the voters, with the net proceeds of the additional sales and use tax to be used for operating and maintaining the Louisville Recreation/Senior Center and pool facilities at Memory Square Park, as further stated in this ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: A. Subsection A of Section 3.20.200 of the Louisville Municipal Code, regarding the sales tax levy, is hereby amended to read as follows (words added are underlined; words deleted are sfrielkcn through): Sec. 3.20.200. Levy of tax; rate. A. There is hereby levied, and there shall be collected and paid, a sales tax equal to 3.15 twee percent of the purchase price of tangible personal property at retail or the furnishing of services, except that (1) for the ten -year period beginning on January 1, 2014, there is hereby levied, and there shall be collected and paid, an additional sales tax of three- eighths of one percent of the purchase price of tangible personal property at retail or the furnishing of services, as authorized at the November 6, 2012 election, and (2) for the ten -year period beginning on January 1, 2009, there is hereby levied, and there shall be collected and paid, an additional sales tax of one - eighth of one percent of the purchase price of tangible personal property at retail or the furnishing of services, as authorized at the November 4, 2008 election. B. Section 3.20.300 of the Louisville Municipal Code, regarding the use tax levy, is hereby amended to read as follows (words added are underlined; words deleted are strieken4hrough): Sec. 3.20.300. Levy of tax; rate. There is hereby levied, and there shall be collected and paid, a tax upon the privilege of using, storing, distributing, or otherwise consuming in the city any article of tangible personal property or services purchased, leased or rented from sources outside the city, on which a sales tax has not been paid and as specified in section 3.20.305 and upon rental of storage space within the city. The amount of Ordinance No. 1724, Series 2016 Page 2 of 5