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HomeMy WebLinkAbout2011-12 Submitting a Ballot Question regarding Lodging Tax and Sales Tax Revenues 3 { RESOLUTION NO. 12 Series of 2011 A RESOLUTION SUBMITTING A BALLOT QUESTION TO THE REGISTERED ELECTORS OF THE TOWN OF VAIL AT THE NOVEMBER 8, 2011 REGULAR TOWN ELECTION REGARDING THE USE OF CERTAIN LODGING TAX AND SALES TAX REVENUES, AND SETTING FORTH DETAILS IN REGARD THERETO ` WHEREAS, the Town of Vail, in the County of Eagle and State of Colorado (the "Town "), is a home rule municipal corporation duly organized and existing under laws of the State of Colorado and the Town Charter; WHEREAS, in November 2002, the registered electors of the Town approved a ballot issue (numbered Question 2B) approving the issuance of debt and the imposition of a lodging tax and sales tax to fund the construction of a conference center; WHEREAS, commencing on January 1, 2003, the Town collected the lodging tax and sales tax and retained such revenues in its general fund (the "Revenues "); y. WHEREAS, in November 2005, the Town submitted a ballot issue to the registered electors of the Town seeking approval of debt and an associated increase in the lodging tax, with such revenue to be used for a conference center; WHEREAS, the 2005 ballot issue provided that if the 2005 ballot issue failed, "the authority to issue debt pursuant to 2002 Question 2B shall terminate immediately and the authority to levy taxes pursuant to 2002 Question 2B shall terminate effective January 1, 2006, and the Town Council shall either refund any remaining revenues from such taxes pursuant to such refund methodology as the Town Council determines or submit a question to the voters on how such revenues shall be used. "; WHEREAS, the 2005 ballot issue failed; ( WHEREAS, pursuant to the 2005 ballot issue, the Town ceased collecting the lodging tax and sales tax on December 31, 2005; WHEREAS, pursuant to the 2005 ballot issue, since 2005, the Town has been diligently studying proposed uses for the Revenues, including the consideration of a number of different projects in the Town; and WHEREAS, the Town Council has determined that it should submit a question to the registered electors of the Town at the Town's November 8, 2011 regular election, seeking direction as to how the Revenues should be used. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Resolution No. 12, Series of 2011 1 l s ' Section 1 . The Town Council hereby adopts the foregoing recitals as findings and conclusions that form the basis of the approval and adoption of this Resolution. Section 2 . The Town Council hereby submits the following ballot question to ti the registered electors of the Town at the November 8, 2011 regular Town election: Ballot Question No. 1 Without increasing taxes, shall the Town of Vail use the remainder of the one and one -half percent lodging tax revenues and one -half percent sales tax revenues collected from January 1, 2003 through December 31, 2005 to fund the following projects that will promote recreation, promote tourism and support the economy in the Town of Vail Expansion and improvement of the clubhouse at the Vail Golf Course and Nordic Center, including multi -use community space; Field expansion and restroom renovation at the Ford Park Sports Complex; and g Ford Amphitheater improvements, including outdoor seating and restroom improvements? E Yes No Section 3 . The Town Council finds and determines that the ballot question submitted to the registered electors of the Town by this Resolution is advisory only and is not subject to Article X, § 20 of the Colorado Constitution (commonly known as "TABOR "). RESOLVED, PASSED AND ADOPTED THIS 16 DAY OF August, 2011. Dick Clevelan , Mayor s? N OF V' P rele/bonaldson, Town Clerk ,�0•• Ali S COLOR' i A C Resolution No. 12, Series of 2011 2 t