HomeMy WebLinkAbout2003-036-03/25/2003-URGING THE REGISTERED ELECTORS OF THE CITY TO VOTE IN FAVOR OF TWO PROPOSED TAX MEASURES FOR TRANSPO RESOLUTION 2003-036
OF THE COUNCIL OF THE CITY OF FORT COLLINS
URGING THE REGISTERED ELECTORS OF THE CITY TO
VOTE IN FAVOR OF TWO PROPOSED TAX MEASURES FOR
TRANSPORTATION CAPITAL IMPROVEMENTS AT THE
APRIL 8, 2003, MUNICIPAL ELECTION
WHEREAS, on February 18, 2003, the City Council placed two tax measures on the April
8, 2003, municipal election ballot through the adoption of Resolution 2003-026; and
WHEREAS,the first of these measures is a proposed increase in the City's sales and use tax
rate of 0.25%, exempting groceries and prescription drugs; and
WHEREAS, the second such measure is a proposed 1% tax on the issuance of building
permits for all construction activity in the City,excluding qualified affordable housing projects and
projects that do not add additional dwelling units to residential buildings or add square footage to
commercial or industrial buildings; and
WHEREAS,both proposed taxes are part of a long-term funding strategy designed to provide
additional revenues to pay for much-needed transportation capital improvements, as identified on
the City's 20-Year Master Transportation Plan; and
WHEREAS,the City Council believes that voter approval of both proposed taxes is critically
important if the City is to effectively address its long-term transportation needs.
NOW,THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City Council hereby supports and endorses both of the above-referenced tax
measures,and strongly urges the electors of the City of Fort Collins to approve such measures at the
April 8, 2003, municipal election.
Passed and adopted at an adjourned meeting of the City Council held this 25th day of March,
A.D. 2003. ,.
Mayor ;f
ATTEST:
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City Clerk