HomeMy WebLinkAbout097 - 09/15/1992 - ESTABLISHING A .25% SALES AND USE TAX FOR THE ACQUISITION OF LAND FOR PUBLIC TRAILS WILDLIFE HABITAT ORDINANCE NO. 97 , 1992
THE COUNCIL OF THE CITY OF FORT COLLINS SHALL ACQUIRE
AVAILABLE AND SUITABLE LAND FOR PUBLIC TRAILS, WILDLIFE
HABITAT AND NATURAL AREAS . THESE. ACQUISITIONS SHALL BE
FUNDED BY A ONE-TIME SALES AND USE TAX OF ONE-QUARTER (1/4) OF
nHE PERCENT ( . 0025) ABOVE PRESENT CITY SALES AND USE TAXES
TO BE LEVIED FOR A FIVE (5) YEAR PERIOD, BEGINNING
JANUARY 1 , 1993 AND ENDING DECEMBER 31, 1997.
THIS TAX SHALL NOT APPLY TO SALES OF FOOD.
WHEREAS, support of the citizens of Fort Collins exists for
additional public use areas such as trail systems and natural
areas; and
WHEREAS, the need exists in the city of Fort Collins for
protection of natural habitats for native plant and animal
species; and
WHEREAS, the City of Fort Collins has developed a Natural
Areas Plan to identify and guide natural areas acquisition and
man,. Bement; and
WHEREAS, the high standard of living and continued economic
prosperity of the city is dependent on providing adequate open
spaces for public benefit; and
WHEREAS, trails, wildlife habitat and natural areas are
resources which benefit all members of the Fort Collins
community; and
WHEREAS, the Council of the City of Fort Collins is
authorized to enact ordinances for the levy and collection of
sales and use taxes in accordance with Chapter 25, Article III,
§25-71 25-240, inclusive, of the Code of the City, and has
done so in the past; and
WHEREAS, the acquisition of trails, wildlife habitat and
natural areas can appropriately be funded by a one-quarter (1/4)
of one percent ( . 0025) sales and use tax, not to include food,
for a period of five (5) years.
NOW THEREFORE, BE IT ORDAINED, as follows:
Section 1 . The City sales and use tax on all items, except
sales of food as defined in C.R. S. 39-26-102 (4 . 5) , shall be
increased by one quarter ( 1/4 ) of one percent ( . 0025) for a
period of five ( 5) years to commence on January 1, 1993 and be in
effect until December 31, 1997 at which time such additional
sales and use tax shall cease. Such increase in sales and use
tax shall be in addition to and distinct from all other sales and
use taxes levied and collected pursuant to Chapter 25 , Article
III of the Code of the City.
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Section 2 . The revenue raised by this increase in sales and
use taxes shall be used specifically for the acquisition,
construction, enhancement and maintenance of trail systems,
wildlife habitat and other natural areas to benefit the citizens
of the City of Fort Collins. A portion of the revenues shall be
retained for management and maintenance of areas acquired.
Section 3 . The responsibility for management of the revenues
shall be vested in the Council of the City of Fort Collins and
such departments of the City as the Council designates.
Section 4 . The revenues accrued shall be maintained in a
separate fund and shall be used specifically for the purposes set
forth in Section 2 of this document.
Section 5. The revenues accrued may be used by the City for
the purchase of such water rights as deemed necessary or
desirable to maintain or enhance the natural characteristics of
areas acquired.
Introduced, cosnidered favorably on first reading, and ordered published
this 1st day of September, A.D. 1992, and to be presented for final passage on
the 15th day of September, A.D. 1992.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 15th day of September, A.D. 1992.
Mayor
ATTEST:
City Clerk