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HomeMy WebLinkAbout2015-013-01/20/2015-SUBMITTING TO THE REGISTERED ELECTORS OF THE CITY AT THE APRIL 7,2015 REGULAR CITY ELECTION THE QUES RESOLUTION 2015-013 OF THE COUNCIL OF THE CITY OF FORT COLLINS SUBMITTING TO THE REGISTERED ELECTORS OF THE CITY AT THE APRIL 7, 2015 REGULAR CITY ELECTION THE QUESTION OF THE EXTENSION OF THE EXPIRING QUARTER-CENT SALES AND USE TAX USED TO FUND THE CITY'S STREET MAINTENANCE PROGRAM WHEREAS, the City of Fort Collins has enacted a comprehensive sates and use tax, which enactment is codified in Chapter 25, Article III of the Code of the City of Fort Collins; and WHEREAS, the amount of such tax presently imposed by the Code, as contained in Section 25-75(a) thereof, includes a twenty-five hundredths percent (0.25%) tax (the "Existing Tax") approved by the voters of the City on April 5, 2005, to fund the City's street maintenance program; and WHEREAS, the City's street maintenance program pays the costs of planning, design, right-of-way acquisition, incidental upgrades and other costs associated with the repair and renovation of City streets, including, without limitation, curbs, gutters, bridges, sidewalks, parkway shoulders and medians (the "Street Maintenance Program"); and WHEREAS, the Existing Tax will expire at midnight at the end of December 31, 2015; and WHEREAS, the City Council has directed City staff to propose ballot language for placing a proposed extension of the Existing Tax to continue funding the Street Maintenance Program on the ballot at the upcoming regular City election on April 7, 2015; and WHEREAS, the Street Maintenance Program provides funding for the repair, renovation and reconstruction of the City's street system which encompasses approximately 575 centerline miles of arterials, collectors and residential streets and approximately 135 lane miles of these streets are improved each year; and WHEREAS, the Existing Tax is currently one of four sources for fully funding such repairs and reconstruction and constitutes the single largest source of funding for the Program; and WHEREAS, by continuing this dedicated funding source, separate from the General Fund, the City is not only able to provide a higher level of maintenance for City streets, but is also able to obtain assistance in funding the Street Maintenance Program from non-City residents that use the City's street system; and WHEREAS, the Council believes it to be in the best interests of the residents of the City to extend the Existing Tax for the Street Maintenance Program for a period of ten (10) years. - 1 - ' 1 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS, that there is hereby submitted to the registered electors of the City at the next regular City election to be held on April 7, 2015, the question of whether to extend the Existing Tax for the City's Street Maintenance Program for a period of ten (10) years, which question shall be submitted in substantially the following form: BALLOT ISSUE NO. A City-initiated Question WITHOUT RAISING ADDITIONAL TAXES, SHALL THE CITY'S EXISTING 0.25% SALES AND USE TAX (25 CENTS ON A $100 PURCHASE) APPROVED BY THE VOTERS IN 2005 FOR THE STREET MAINTENANCE PROGRAM BE EXTENDED FROM ITS CURRENT EXPIRATION AT THE END OF DECEMBER 31, 2015, THROUGH THE END OF DECEMBER 31, 2025; PROVIDED THAT THE REVENUES DERIVED FROM SUCH TAX EXTENSION SHALL BE USED TO PAY THE COSTS OF PLANNING, DESIGN, RIGHT-OF-WAY ACQUISITION, INCIDENTAL UPGRADES AND OTHER COSTS ASSOCIATED WITH: • THE REPAIR AND RENOVATION OF CITY STREETS, INCLUDING, BUT NOT LIMITED TO, CURBS, GUTTERS, BRIDGES, SIDEWALKS, PARKWAYS, SHOULDERS AND MEDIANS; AND FURTHER PROVIDED THAT THE FULL AMOUNT OF REVENUES DERIVED FROM THE TAX EXTENSION MAY BE RETAINED AND EXPENDED BY THE CITY NOTWITHSTANDING ANY STATE REVENUE OR EXPENDITURE LIMITATION, INCLUDING, BUT NOT LIMITED TO, THE LIMITATION CONTAINED 1N ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION? _ YES NO Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 20th day of January, A.D. 2015. K,o f ayor ATTEST: EAR, N City Clerk 2