Ordinance 2002-1395 - Laserfiche WebLink

Home Browse Search

WHEREAS, this temporary % % sales and use tax will expire on December 31, 2003, unless it is continued by approval of the City's voters; and WHEREAS, the City Council is of the opinion that it should refer to the voters at the November 5, 2002 election a TABOR ballot issue concerning a proposed continuation of the City's temporary sales and use tax, as further stated in this ordinance. NOW, THEREFORE, BE IT ORDAINED BY TI-IE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. Pursuant to applicable provisions of the laws of the State of Colorado and the City of Louisville Home Rule Charter, the City Council hereby submits to the registered electors of the City, at the special election to be held on November 5, 2002 (the "election"), the ballot issue specified in Section 2 of this ordinance. Section 2. The following ballot issue, certified in substantially the form set forth below, is hereby referred to the registered electors of the City and shall appear on the ballot of the City of Louisville special election to be held on November 5, 2002: SHALL CITY OF LOUISVILLE TAXES BE INCREASED $1,500,000 IN 2004 AND THEN ANNUALLY BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED THEREAFTER FROM THE CONTINUATION OF THE SALES AND USE TAX OF 0.375 PERCENT BEGINNING JANUARY 1, 2004 AND EXPIRING TEN YEARS AFTER SUCH DATE; WITH THE NET PROCEEDS OF SUCH SALES AND USE TAX TO BE COLLECTED, RETAINED AND SPENT EXCLUSIVELY FOR THE ACQUISITION OF LAND IN AND AROUND THE CITY OF LOUISVILLE FOR OPEN SPACE BUFFER ZONES, TRAILS, WILDLIFE HABITATS, WETLANDS PRESERVATION AND FUTURE PARKS; AND FOR THE DEVELOPMENT, CONSTRUCTION,' OPERATION AND MAINTENANCE OF SUCH OPEN SPACE ZONES, TRAILS, WILDLIFE HABITATS, WETLANDS AND PARKS; AND SHALL THE CITY BE PERMITTED TO COLLECT, RETAIN AND EXPEND ALL REVENUES DERIVED FROM SUCH SALES AND USE TAX AS A VOTER- APPROVED REVENUE CHANGE AND AN EXCEPTION TO LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? YES NO Section 3. The City Council may submit additional ballot issues or other measures to appear on the ballot of the special election by the adoption, of appropriate resolutions or ordinances as required by law. Section 4. The special election shall be conducted as a part of a coordinated general election and in accordance the provisions of Ordinance No. 1391, Series 2002 and the 2