City Council Minutes 2022 10 03 - Laserfiche WebLink

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City Council Meeting Minutes October 3, 2022 Page 3 of 8 REGULAR BUSINESS PROCLAMATION — LOUISVILLE, COLORADO ITALIAN-AMERICAN HERITAGE DAY Mayor Pro Tem Maloney read the proclamation. Motion: Councilmember Leh moved to approve, Councilmember Most seconded. Vote: Motion passed by unanimous voice vote ORDINANCE NO. 1841, SERIES 2022 — AN EMERGENCY ORDINANCE EXEMPTING CONSTRUCTION MATERIALS FROM THE CITY'S USE TAX FOR BUILDING PERMITS ISSUED FOR RECONSTRUCTION OF HOMES DAMAGED OR DESTROYED IN THE MARSHALL FIRE BURN AREA — 1st AND FINAL READING — PUBLIC HEARING — Adoption as an Emergency Ordinance Mayor Pro Tern Maloney introduced the ordinance by title and opened the public hearing. Mayor Pro Tern Maloney stated that adopting this as an emergency ordinance is unusual but this was at the request of Council at the September 20 meeting to get this in place as soon as possible Planning Manager Ritchie stated this ordinance comes at the request of Council. She noted that Use Tax is collected by the City at the time of building permit and it is a tax on construction materials. This replaces the collection of sales tax at the time of sale of the materials. This allows the City to keep the tax, rather than the jurisdiction where purchase occurs. As proposed, this ordinance would make a use tax credit available to property owners who owned the property at the time of Marshall Fire. I allows "lot swaps" for property owners who suffered a complete loss on another property affected by Marshall Fire but who buy another fire lot. It would be available until December 31, 2024 and would give a credit amount of 100% of the Use Tax paid for those building to the 2021 IECC code with or without Appendix RC and would give a credit of 110% of the previous house size to those building to the 2018 IECC. Applicants would be required to check a box verifying insurance proceeds are not covering the use tax. She noted the City does still collect the Boulder County portion of the use tax and the applicant would need to apply to the County for that credit.