|
RESOLUTION NO 60
<br />SERIES 2018
<br />A RESOLUTION AMENDING RESOLUTIONS NO 20, SERIES 2009, NO 20, SERIES
<br />2010, NO 2, SERIES 2012, NO 4, SERIES 2014, AND RESOLUTION NO 21, 2016,
<br />WHICH IMPLEMENTED VOTER -APPROVED TAXES FOR HISTORIC
<br />PRESERVATION, TO UPDATE ADMINISTRATIVE PROVISIONS TO REFLECT 2017
<br />BALLOT ISSUE 2F
<br />WHEREAS, historic properties in the City of Louisville (the "City") are a major
<br />contributor to the character and quality of life of the City; and
<br />WHEREAS, at the November 4, 2008 election, the voters approved a Ballot Issue
<br />2A to levy a temporary one -eighth of one percent (1/8%) sales tax for historic preservation
<br />purposes within Historic Old Town Louisville, including a provision for low -interest loans
<br />to preserve and rehabilitate eligible properties; and
<br />WHEREAS, at the November 2, 2010 election, the voters approved a Ballot Issue
<br />2D to levy a permanent use tax of 3 50%, to supersede the City's then -current use tax, of
<br />which one -eighth of one percent (1/8%) of the use tax was dedicated to historic
<br />preservation purposes consistent with Ballot Issue 2A, and
<br />WHEREAS, at the November 7, 2017 election, the voters approved a Ballot Issue
<br />2F, which extended the expiration date of the temporary sales tax of one -eighth of one
<br />percent for historic preservation from December 31, 2018 to December 31, 2028;
<br />permitted sales and use tax revenues dedicated to historic preservation to be used in
<br />areas of the City outside Historic Old Town Louisville with the approval of five council
<br />members, and authorized up to twenty percent (20%) of annual historic preservation sales
<br />and use tax revenues to be used for operating and maintaining the Louisville Museum
<br />Campus; and
<br />WHEREAS, City Council by Ordinances No 1544, Series 2008 and No 1743,
<br />Series 2017 imposed the tax approved by the voters, established the Historic
<br />Preservation Fund, and codified the financial incentives set forth within Ballot Issues 2A
<br />(2008), 2D (2010), and 2F (2017); and
<br />WHEREAS, the City Council by Resolutions No 20, Series 2009, No 20, Series
<br />2010, No 2, 2012, No 2, 2014, No 4, 2014, and No 21, 2016 created provisions related
<br />to the administration and uses of the Historic Preservation Fund, and
<br />WHEREAS, the City Council finds it is in the best interest of the City to update
<br />resolutions providing administrative and program guidance to reflect Ballot Issue 2F
<br />(2017),
<br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
<br />OF LOUISVILLE, COLORADO
<br />Resolution No. 60, Series 2018
<br />Page 1 of 6
<br />
|