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HomeMy WebLinkAbout1985-169-10/01/1985-SUPPORTING THE COLORADO TAX AMNESTY PROGRAM RESOLUTION 85- 169 OF THE COUNCIL OF THE CITY OF FORT COLLINS SUPPORTING COLORADO TAX AMNESTY PROGRAM WHEREAS, the State of Colorado is conducting a one-time-only Tax Amnesty program beginning September 16, 1985 and ending November 15, 1985 which is expected to generate at least $5 million in tax and interest payments; and WHEREAS, Tax Amnesty will add many new names to the state's tax rolls and enhance voluntary compliance among its participants, which directly benefits honest taxpayers who now pay in excess of 20 percent more taxes than is necessary to compensate for those who fail to pay their fair share; and WHEREAS, the State of Colorado is also committed to improving methods of detecting tax evasion and will increase penalties for delinquent taxpayers and tax evaders after Tax Amnesty; and WHEREAS, the Council of the City of Fort Collins recognizes the importance of voluntary tax compliance among individuals and businesses for the benefit of all residents of the State of Colorado. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Council supports the State of Colorado Tax Amnesty and encourages all citizens for whom this program is applicable to participate in it. Passed and adopted at a regular meeting of the City Council held this 1st day of October, A.D. 1985. Mayor ATTEST: City Clerk