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HomeMy WebLinkAbout1974- 8 Emergency Ordinance Concerning the Rate Schedule for Sales Tax Imposed by 1973-11~ ~ ~ .~ . • • ~, ~ ~ i .. .« ORDINANCE NU. 8 Series of 1974 AIv' EMERGENCY ORDINANCE CONCERNING THE RATE SCIiEDULE FOR SALES TAX IMPOSED BY ORDINANCE N(J. 11, SERIES OF 1973, OF THE TOWN OF VAIL, COLORADO WHEREAS, Ordinance No. 11, Series of 1973, of the Town of Vail, Colorado, repeals the current 3 per cent sales tax of the Town of Vail, Colorado, hereinafter referred to as the "Town", and imposes a 4 per cent sales tax on all sales of tangible personal property at retail and the furnishing of services within the Town as of the 1st day of July, 1974, said 4 per cent sales tax having been duly approved by a majority of the registered qualified electors voting in a special municipal election held on the 25th day of September, 1973, in accordance with Section 11.1 of the Charter of the Town; WHEREAS, inasmuch as the Town 4 per cent sales tax will be collected by the vendor simultaneously with the State of Colorado 3 per cent sales tax, making the combined sales taxes 7 per cent, the sales tax revenues will be paid to the State, and the State will transmit the Town's share of said revenues to the Town, the collection, administration, and enforcement of the Town sales tax will be performed by the Department of Revenue of the State of_ Colorado; WHEREAS, said Department of Revenue now requests that the Town clarify Sections 5A and 6A of said Ordinance No. 11 to make certain that said provisions of the Town sales tax ordinance are consistent with the applicable provisions of Chapter 138, Article 5, Colorado Revised Statutes 1963, as amended, oz the applicable rules and regulations of the Depart- ment of Revenue of the State of Colorado; .* ,.~ Ordinance No. 8 • • Series of 1974 Page 2 • WHEREAS, the 'T'own 4 per cent sales tax will become effective under said Ordinance No. 1974, and it is necessary to enact date to insure that the provisions are consistent with said State sta and to preclude the problems which ordinance were not enacted; 11 on the 1st day of July, this ordinance prior to said of said Ordinance No. 11 tutes or rules and regulations could arise in the event this WHEREAS, because there will be no regular meeting of the Town Council of the Town after its meeting on the 16th day of June, 1974, until its meeting on the 2nd day of July, 1974, and no special meeting is presently contemplated during the interim, an ordinary ordinance, which under the Charter requires two readings for final passage and becomes effective five days after publication following final passage, could riot be enacted prior to the 1st day of July, 1974; and WHEREAS, in view of the aforesaid circumstances the Town Council considers that the enactment of this emergency ordinance is necessary for the preservation of the public property, health, welfare, peace, or safety; NOW, THEREFORE, BE IT ORDAINED BY Tf3E TOWN COUNCIL OF THE TOWP1 OF VAIL, COLORADO, AS FOLLOWS: Section 1. Title. This ordinance shall be known as the "Ordinance Concerning Rate Schedule for Town Sales Tax". Section 2. Imposition of Town sales tax in accordance with applicable State statutes or rules and regulations. The imposition of the Town sales tax under Ordinance No. 11, Series of 1973, of the Town of Vail, Colorado, on sales and services within the Town shall be in accordance with the schedules for combination tax rates set forth in applicable statutes of the State of Colorado or in applicable rules and regulations of the Department of Revenue of the State of Colorado; provided, however, that where no applicable State w ,'t' • • ~~ Ordinance No . 8 - • • Series of 1974 Page 3 statute, rule, or regulation exists, the rate schedule set forth in Sections 5A and 6A of said ordinance shall be controlling. In no event shall the Town sales tax levied under said ordinance be less than 4 per cent as provided therein. Section 3. Effective date. This ordinance shall take effect upon the passage hereof. INTRODUCED, READ AS AN EMERGENCY ORDINANCE, APPROVED, ENACTED TO TAKE EFFECT UPON FINAL PASSP.GE ON THIS DATE, AND ORDERED PUBLISHED ONCE IN FULL WITHIN TEN DAYS AFTER PASSAGE OR AS SOON AS POSSIBLE, this 1$th day of June, 1974. -Mayor AT'i'E S T Town Cler}- U• w ~ s • ~~ , ~ ~ CERTIFICATE OF DISPOSITION OF ORDINANCE IT IS HEREBY CERTIFIED purusant~ to the Charter of the Town of Vail, Colorado, Article IV, Section 4.14, that Or- dinance No. ~ Series of 1974, to the original of which this certificate is affixed, was duly adopted on second reading by the Town Council at its regular meeting on the /d day of .~'~!~'~~ , 1974, i is adopti on was authenticated v by the signitures of the P4ayor and the Town Clerk, and said ordinance was duly published in full/after said adoption in The Vail Trail newspaper on the ~r,0~ day of 1974, as indicated by the certificate of publication of said newspaper which is attached to the original of said ordinance, and accordingly on the date hereof said ordinance was duly re- corded in the official records of ordinances of the Town of Vail, Colorado. DATED: Vai I , Colorado, th i s ~~,~, day of 1974. l~ ~~~~ T a w n~C I roc ' ~/