HomeMy WebLinkAbout140 - 10/16/1979 - PROVIDING FOR THE IMPOSITION OF A ONE PERCENT RETAIL SALES AND USE TAX TO BE EFFECTIVE MARCH 31, 198 ORDINANCE NO. 140 , 1979
OF THE COUNCIL OF THE CITY OF FORT COLLINS
PROVIDING FOR IMPOSITION OF A ONE PERCENT
RETAIL SALES AND USE TAX TO BE EFFECTIVE MARCH 31 , 1980.
WHEREAS, heretofore, the City of Fort Collins did enact a one percent
comprehensive retail sales and use tax, which enactment is codified in
Chapter 104 of the Code of the City of Fort Collins; and
WHEREAS, in addition thereto, the City of Fort Collins did provide
for the imposition of an additional one percent retail sales and use tax to
remain in effect until March 31 , 1980, . at which time, the total sales and
use tax imposed by the City of Fort Collins shall automatically revert to
one percent unless and until otherwise modified by the Council of the City
of Fort Collins; and
14HEREAS, it appearing to the Council of the City of Fort Collins that
a one percent retail sales and use tax will be insufficient to meet the
financial needs and requirements of the City of Fort Collins on March 31 ,
1980, and thereafter.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1 . That there is hereby imposed a retail sales and use tax in
the amount of one percent (1%) , said one percent to be in addition to the
one percent ( 1%) presently imposed by Chapter 104 of the Code of the City
of Fort Collins. Said tax is to be utilized for general fund purposes.
Section 2. The following sections of Article I and II of Chapter 104
of the Code of the City of Fort Collins, being a part of the Sales and
Use Tax Ordinance currently in effect shall remain in effect on and
after March 31 , 1980 unless and until modified , altered or abolished
by the Council of the City of Fort Collins:
Article I Article II
§104-12 (M) §102-23 (E)
§104-13 (A) §104-24 (M)
§104-14 (A) §104-25 (D)
§104-14 (B) §104-41
§104-20
Section 3. That the retail sales and use tax imposed by this action
shall take effect at 12:01 a.m. on March 31 , 1980, and shall remain in
effect until otherwise rescinded or modified by action of the City Council
of the City of Fort Collins.
Introduced, considered favorably on first reading and ordered pub-
lished this 2nd day of October 1979, and to be presented for final
passage on the 16th day of October , 1979•
P ayor
ATTEST:
C1 y Clerk
Passed and adopted on final reading this 16th day of October
1979.
("�'L)..k
ATTEST: r
City Clerk