TC Res. No. 2002-39TOWN OF AVON, COLORADO
RESOLUTION NO. 02-39
SERIES OF 2002
A RESOLUTION SUBMITTING A BALLOT QUESTION AT THE COORDINATED
ELECTION OF NOVEMBER 5, 2002.
WHEREAS, the Town Council has adopted on final reading Ordinance No. 02-18, Series
of 2002, AN ORDINANCE ADDING A USE TAX ON CONSTRUCTION MATERIALS; and
WHEREAS, the Town of Avon wishes to take formal action to submit the ballot question
contained in said Ordinance at the coordinated election of November 5, 2002.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF AVON, COLORADO:
Section 1. The Town of Avon hereby submits the following ballot question to the
qualified electors of the Town at the coordinated election of November 5, 2002:
SHALL TOWN OF AVON TAXES BE INCREASED $1.6 MILLION ($1,600,000)
ANNUALLY IN 2003, AND BY WHATEVER ADDITIONAL AMOUNTS ARE
RAISED ANNUALLY THEREAFTER, BY THE IMPOSITION OF A FOUR
PERCENT (40/6) USE TAX ON THE PRIVILEGE OF USING OR CONSUMING IN
THE TOWN ANY CONSTRUCTION MATERIALS, SUCH USE TAX REVENUES
TO BE APPROPRIATED AND SPENT SOLELY FOR TRANSPORTATION AND
RECREATION CAPITAL PROJECTS AND SERVICES AND INFRASTRUCTURE
RELATED THEREO, ALL IN ACCORDANCE WITH ORDINANCE NO. 02-18
ADOPTED BY THE TOWN COUNCIL;. AND SHALL THE. REVENUES
COLLECTED FROM SUCH TAX AND ANY EARNINGS FROM THE
INVESTMENT OF SUCH REVENUES BE COLLECTED AND SPENT AS A VOTER
APPROVED REVENUE CHANGE AND AN EXCEPTION TO THE LIMITS WHICH
WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 OF THE
COLORADO CONSTITUTION OR ANY OTHER LAW?
ADOPTED at a regular meeting of the Town Council the 27th day of August 2002.
TOWN OF AVON, COLORADO
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