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space buffer zones, trails, wildlife habitats, wetlands preservation and future parks, and such
<br />ballot issue was approved by a majority of the City's voters; and
<br />WHEREAS, pursuant to Ordinance No. 1395, Series 2002, the City Council referred to
<br />the voters a TABOR ballot issue for the continuation of such sales and use tax for an additional
<br />ten-year period for the acquisition of land in and around the City of Louisville for open space
<br />buffer zones, trails, wildlife habitats, wetlands preservation and future parks; and for the
<br />development, construction, operation and maintenance of such open space zones, trails, wildlife
<br />habitats, wetlands and parks, and such ballot issue was approved by a majority of the City's
<br />voters; and
<br />WHEREAS, pursuant to Ordinance No. 1575, Series 2010, the City Council referred to
<br />the voters a TABOR ballot issue for the imposition of a permanent City use tax at a rate of 3.50%
<br />to supersede the City's then -current use tax, with revenues from a % % percent rate of use tax to
<br />be used exclusively for the acquisition of land in and around the City of Louisville for open space
<br />buffer zones, trails, wildlife habitats, wetlands preservation and future parks; and for the
<br />development, construction, operation and maintenance of such open space zones, trails, wildlife
<br />habitats, wetlands and parks, and such ballot issue was approved by a majority of the City's
<br />voters; and
<br />WHEREAS, the temporary % % sales tax will expire on December 31, 2013, unless it is
<br />continued by approval of the City's voters; and
<br />WHEREAS, the City Council is of the opinion that it should refer to the voters at the
<br />November 6, 2012 election a TABOR ballot issue concerning continuation of the City's
<br />temporary sales tax, as further stated in this ordinance.
<br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
<br />CITY OF LOUISVILLE, COLORADO:
<br />A. Subsection A of Section 3.20.200 of the Louisville Municipal Code, regarding
<br />the sales tax levy, is hereby amended to read as follows (words added are underlined;
<br />words deleted are strielien thrmigJ}):
<br />Sec. 3.20.200. Levy of tax; rate.
<br />A. There is hereby levied, and there shall be collected and paid, a
<br />sales tax equal to three percent of the purchase price of tangible personal property
<br />at retail or the furnishing of services, except that (1) for the ten-year period
<br />beginning on January 1, 2014 2444, there is hereby levied, and there shall be
<br />collected and paid, an additional sales tax of three -eighths of one percent of the
<br />purchase price of tangible personal property at retail or the furnishing of services,
<br />as authorized at the November 6, 2012 Nevefliber 5, 2-OP election, and (2) for the
<br />ten-year period beginning on January 1, 2009, there is hereby levied, and there
<br />Ordinance No. 1617, Series 2012
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