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ORDINANCE NO. 1789 SERIES 2020 AN ORDINANCE AMENDING CHAPTER 3.32 OF THE LOUISVILLE MUNICIPAL CODE CONCERNING ADMINISTRATION OF THE RETAIL MARIJUANA CULTIVATION FACILITY TAX AND AMENDING CHAPTER 5.11 OF THE LOUISVILLE MUNICIPAL CODE REGARDING RETAIL MARIJUANA SALES TO NONRESIDENTS OF THE STATE OF COLORADO WHEREAS, the City of Louisville (the "City"), is a Colorado home rule municipal corporation duly organized and existing under laws of the State of Colorado and the City of Louisville Home Rule Charter (the "City Charter"); and WHEREAS, the members of the City Council of the City (the "City Council") have been duly elected and qualified; and WHEREAS, Article X, Section 20 of the Colorado Constitution, also referred to as the Taxpayer's Bill of Rights ("TABOR") requires voter approval for any new tax, any increase in any tax rate, the creation of any debt, and the spending of certain funds above limits established by TABOR; and WHEREAS, pursuant to Article 12 and Section 4-8 of the City Charter, the City Council may authorize the imposition of new taxes by ordinance and upon approval of the registered electors of the City; and WHEREAS, pursuant to Section 7-6 of the City Charter, the City Council adopted Ordinance No. 1776, Series 2019, which submitted to a vote of the registered electors of the City Ballot Issue No. 21), Retail Marijuana Cultivation Facility Excise Tax, and which Ballot Issue was approved by the voters; and WHEREAS, in addition to submitting the Ballot Issue to the City's voters, Ordinance No. 1776 added a new Chapter 3.32 to the Louisville Municipal Code concerning the Retail Marijuana Cultivation Facility Tax; and WHEREAS, the City's finance department has identified certain provisions that would be helpful to the efficient and effective collection and administration of the tax, and provide better service to the City's businesses and taxpayers subject to the excise tax; and WHEREAS, such administrative provisions set forth herein are not intended, and shall not be construed, to extend or increase the application, rate, or amount of tax or constitute a tax policy change directly causing a net tax revenue gain or decrease from the retail marijuana cultivation facility excise tax approved by Ballot Issue No. 21); and Ordinance No. 1789, Series 2020 Page 1 of 5