City Council Minutes 2010 12 21 - Laserfiche WebLink

Home Browse Search

• City Council Meeting Minutes December 21, 2010 Page 3 of 11 City and Longmont get more attention and funding. He stated an additional sales tax will be required to build out the entire area He noted the stadium tax expires next year and there is support for a new tax to fund transportation projects. Deputy City Manager Balser added in early November, RTD asked for specific comments from stakeholders. In January they will consolidate all the comments received and meet on January 25 to discuss project funding. Mayor Sisk expressed his best wishes to everyone for a very Happy Holiday season. Councilor Muckle arrived at 7:19 p.m. CITY MANAGER'S REPORT City Manager Fleming congratulated the Louisville Public Library, who passed the half million mark for items checked out of the Library. He also expressed his congratulations to the Louisville Police Department and School Resource Officers, who have initiated several programs for families in need during the holiday season. REGULAR BUSINESS 410 ORDINANCE No. 1585, SERIES 2010 — AN EMERGENCY ORDINANCE AMENDING VARIOUS SECTIONS OF CHAPTER 3.20 OF THE LOUISVILLE MUNICIPAL CODE TO MAKE THEM CONSISTENT WITH THE USE TAX APPROVED BY THE VOTERS AT THE NOVEMBER 2, 2010 ELECTION, AND TO UPDATE PROVISIONS REGARDING ADMINISTRATION OF THE SALES AND USE TAX UNDER SUCH CHAPTER — 2nd Reading = Public Hearing Mayor Sisk requested a City Attorney introduction. City Attorney Light read Ordinance No. 1585, Series 2010 and reviewed the second reading amendments. Mayor Sisk opened the public hearing and requested a Staff presentation. City Manager Fleming explained Ordinance No. 1575, Series 2010, approved by the voters, imposes a permanent City use tax at a rate of 3.50 %. Ordinance No 1585, Series 2010 amends various sections of the sales and use tax code in Chapter 3.20 of the Louisville Municipal Code to facilitate administration of the use tax and related provisions of the tax code. This ordinance repeals and reenacts the various sections that are being amended. Highlights of the ordinance are as follows: • Section 3.20.020 Definitions — Changes that aid in identifying items subject to, or exempt from, the new use tax and the current sales tax. These changes serve to make clear the existing sales and use tax base and do not change that base.