CITY OF FORT COLLINS
PROPOSED CITY-INITIATED ORDINANCE
SALES AND USE TAX INCREASE FOR TRANSPORTATION OPERATIONS
SHALL THE CITY OF FORT COLLINS' TAXES BE INCREASED BY $6,435,187 IN THE FIRST FULL FISCAL YEAR, AND BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED ANNUALLY THEREAFTER, THROUGH THE ADOPTION OF AN ORDINANCE OF THE CITY OF FORT COLLINS ESTABLISHING A SALES AND USE TAX ON ALL TAXABLE SERVICES AND ALL TANGIBLE PERSONAL PROPERTY EXCEPT FOOD AT THE RATE OF 0.36% (36 CENTS ON A $100 PURCHASE), WITH THE REVENUES DERIVED FROM THE TAX TO BE USED FOR THE FOLLOWING PURPOSES, AS PART OF THE "TRANSPORTATION OPERATIONS" PROGRAM:
- A NEW TRAFFIC SIGNAL CONTROL SYSTEM;
- IMPLEMENTATION OF THE CITY'S TRANSIT DEVELOPMENT PLAN;
- OTHER COSTS OF OPERATING THE CITY'S OVERALL TRANSPORTATION SYSTEM;
WHICH TAX SHALL REMAIN IN EFFECT FOR A PERIOD OF TEN YEARS AND SIX MONTHS, BEGINNING JULY 1, 1999 AND ENDING DECEMBER 31, 2009; WITH THE COST, PARTICULAR COMPONENTS AND SCHEDULING OF THESE ACTIVITIES AND PROJECTS TO BE FINALLY DETERMINED BY THE CITY COUNCIL; AND WITH THE FULL AMOUNT OF REVENUES DERIVED FROM THE TAX TO BE RETAINED AND EXPENDED BY THE CITY NOTWITHSTANDING ANY STATE REVENUE OR EXPENDITURE LIMITATIONS INCLUDING, BUT NOT LIMITED TO, ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?
_____ FOR THE ORDINANCE
_____ AGAINST THE ORDINANCE
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