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TC Resolution 24-24 Supporting Town of Avon Ballot Issue 2C Use Tax on Construction Materials to Fund Community HousingA Avon COLORADO RESOLUTION 24-24 SUPPORTING TOWN OF AVON BALLOT ISSUE 2C USE TAX ON CONSTRUCTION MATERIALS TO FUND COMMUNITY HOUSING WHEREAS, the Colorado Fair Campaign Practices Act expressly authorizes local governments to pass a resolution taking a position of advocacy and reporting the passage of, and distributing, the resolution through established and customary means by C.R.S. §1-45- 117(1)(b)(III), and WHEREAS, the Avon Town Council finds that Ballot Issue 2C will promote the sustainability of the Avon community by asking registered Avon voters to impose a 4% use tax on construction materials to fund community housing as part of the General Election on November 5th, 2024; and WHEREAS, the Town acknowledges that there is a dire need for community housing and Avon Town Council has declared the development and acquisition of workforce housing to be the number one priority; and WHEREAS the imposition of the 4% use tax on construction materials is not a new tax but rather replaces the existing 4% sales tax, and allows for the collection of the tax on construction materials purchased outside Avon and dedicates the new revenue to support and secure the additional funding needed to make vital improvements for local community housing; and WHEREAS, the Town of Avon has adopted the Community Housing Plan in 2018 to help address the housing challenges with dedicated Real Estate Transfer Tax Revenues to programs such as the establishment of a homebuyer assistance program for Avon residents, potential use of town owned land for affordable housing, as well as secured state grants for regional housing planning efforts; and NOW, THEREFORE, BE IT RESOLVED, the Avon Town Council hereby supports and endorses Town of Avon Ballot Issue 2C for Use Tax on Construction Materials to fund community housing in the upcoming November 5, 2024 General Election, as a measure that will improve funding for community housing and promote increased livability, sustainability and economic vitality for Avon and the Eagle County region. ADOPTED SEPTEMBER 24, 2024 BY THE AVON TOWN COUNCIL By: Attest: my Phillips, Aayor Miguel Jau Resolution No. 24-24 September 24, 2024 Page I of 1 :S EAL: ueva, Tan •Clerk ,.•'