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RESOLUTION NO. 37 <br />SERIES 1999 <br /> <br />A RESOLUTION SUBMITTING A BALLOT ISSUE TO A VOTE OF THE <br />REGISTERED ELECTORS OF THE CITY OF LOUISVILLE AT THE <br />COORDINATED ELECTION TO BE HELD NOVEMBER 2, 1999 <br /> <br /> WHEREAS, the City will hold a regular municipal election on November 2, 1999, as a <br />coordinated election pursuant to the Uniform Election Code of 1992, as amended; and <br /> <br /> WHEREAS, the City requires revenues, including but not limited to fees, state and local <br />grants, developer contributions, intergovernmental revenues and payments in lieu of land <br />dedications, in order to provide municipal services to the citizens; and <br /> <br /> WHEREAS, the City is authorized to collect, retain and expend certain revenues received <br />by the City only with voter approval; and <br /> <br /> WHEREAS, the purpose of the ballot issue set forth in this Resolution is to provide for the <br />additional revenues needed by the City by authorizing the City to collect, retain and expend certain <br />revenues; and <br /> <br /> WHEREAS, the City Council finds it is in the best interest of the City to refer said ballot <br />issue to a vote of the registered electors of the City at the November 2, 1999, municipal election <br />pursuant to Article X, Section 20 of the Colorado Constitution. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br /> <br /> Section 1. The following ballot issue, certified in substantially the form set forth below, <br />is hereby referred to the registered electors of the City and shall appear on the ballot of the City of <br />Louisville municipal election to be held on November 2, 1999: <br /> <br />WITHOUT INCREASING ANY CURRENT TAX RATE OR ADDING ANY NEW <br />TAXES, SHALL THE CITY OF LOUISVILLE, COLORADO ("CITY") BE <br />AUTHORIZED TO COLLECT, RETAIN, AND EXPEND ALL REVENUES <br />COLLECTED AND RECEIVED BY THE CITY DURING THE YEAR 1998 AND <br />EACH SUBSEQUENT YEAR FROM FEES, STATE AND LOCAL GRANTS, <br />DEVELOPER CONTRIBUTIONS, INTERGOVERNMENTAL REVENUES AND <br />PAYMENTS IN LIEU OF LAND DEDICATIONS, TO BE USED FOR CAPITAL <br />PROJECTS, MUNICIPAL OPERATIONS AND SERVICES, OR ANY OTHER <br /> <br />1 <br /> <br /> <br />