HomeMy WebLinkAbout1988-40 Opposing Proposed Amendment 6 of the Colorado ConstitutionRESOLUT; NO. 40
Series of 1988
A RE50LUTION OPPOSING PROPOSED AMENDMENT b
OF THE COLORADO CONSTITUTION.
W~IEREAS, the proposed Amendment 6 to the Colorado Constitution will be submitted
to the voters at the General Election on November 8, 1988; and
WHEREAS, Amendment 6 will impose severe limitations on the ability of the Town
of Vaii to raise all revenues related to any tax, license, permit or fee; and
WHEREAS, Amendment 6 will impose severe limitations on the ability of the Town
to issue all types of debt related to general obligation bonds, short term
borrowing, lease purchasing, or debt refinancing; and
WHEREAS, Amendment 6 repeals the existing real estate transfer tax which will
cause severe hardship on the Town, in that the Town has approximately nine hundred
thirty-two thousand dollars ($932,000) in annual debt service paid from the real
estate transfer tax fund which would have to be paid from alternative existing
revenues used for other Town services; and
WHEREAS, Amendment 6 repeals the real estate transfer tax which eliminates the
future purchasing of open space and severely restricts the development and
improvement of bike and recreation paths and parks within the Town; and
WHEREAS, Amendment 6 will cause many service level reductions in the Town which
heretofore have been desired and/or mandated by the citizens of the Town; and
WHEREAS, the Town Charter and the Town ordinances adopted by the citizens of the
Town of Vail contain reasonable and practical provisions for the self-government of
Vail by its citizens and elected Town officials; and
WHEREAS, Amendment 6 creates a statewide approach to taxation and fails to
recognize special local needs or the desires of the citizens of the Town; and
WHEREAS, Amendment 6 mandates that all debt be approved by a two-thirds majority
of voters which is in direct conflict with Town Charter provisions and with the
basic tenets of simple majority rule of democracy.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL,
COLORADO:
The Town Council hereby sets forth its strong opposition to proposed Amendment 6
of the Colorado Constitution and urges all registered voters to reject Amendment 6
at the General Election on November 8, 1988.
INTRODUCED, READ, APPROVED AND ADOPTED this 1st day of November, 1988.
j~ J U Y ~
Kent R. Rose, Mayor
ATTEST:
Pamela A. Brandmeyer; Town Clerk