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<br />RESOLUTION NO. 16 <br /> <br />Series 1979 <br /> <br />A RESOLUTION PROPOSING AN AMENDMENT TO <br />THE LOUISVILLE MUNICIPAL CODE WHICH <br />WOULD INCREASE THE CURRENT MUNICIPAL <br />SALES TAX IMPOSED FROM 2% TO 3% OF <br />GROSS RECEIPTS. <br /> <br />WHEREAS, the City of Louisville currently imposes a <br /> <br />sales tax on gross receipts in the amount of 2%; and <br /> <br />WHEREAS, the City Council has determined that due to <br /> <br />rising administrative and operational expenses of the City that <br /> <br />the municipal sales tax imposed on gross receipts should be in- <br /> <br />creased from 2% to 3%; and <br /> <br />WHEREAS, the Louisville Municipal Code requires that any <br /> <br />proposal for an increase in the City sales tax shall be submitted <br /> <br />to a vote of the electors of the City of Louisville at a regular <br /> <br />municipal election. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO: <br /> <br />THAT the proposal to amend the Louisville Municipal Code <br /> <br />increasing the municipal sales tax imposed by the City of Louisville <br /> <br />from the current rate of 2% of gross receipts to 3% of gross receipts <br /> <br />shall be submitted to a vote to the qualified electors of the City <br /> <br />of Louisville at the regular municipal election to be held on <br /> <br />November 6th, 1979. <br /> <br />ADOPTED this 4th day of September, 1979. <br /> <br />/ l 3 <br />-,' /' .- .,1 <br /> <br />( jjh ;;PJ?AL/L/~) <br />Mayor /-r- -- <br />/ <br />t/ <br /> <br />ATTEST: <br /> <br /> <br /><I2,~;.,l h. ~U.... <br />City Clerk <br />