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HomeMy WebLinkAbout1977-09 Expressing its Opposition to H.B. 1662 Relating to the State Collected, Locally Shared Sales Tax and Urging its DefeatRESOLUTION NO. Series of 1977 A RESOLUTION OF THE TOWN COUNCIL EXPRE5SING ITS OPPOSITION TO H.B. 1662 RELATING TO THE STATE COLLECTED, LOCALLY SHARED SALES TAX AND URGING ITS DEFEAT WHEREAS, the Town Council of the Town of Vail has adopted a local sales tax; WHEREAS, a substantial portion of the revenues of the Town of Vail are realized from the sales tax revenues; WHEREAS, the sales tax revenues of the Town are used to pay the bonded indebtedness of the Town; and WHEREAS, the passage of H,B. 1662 would be a serious infringement on the power and authority of Home Rule municipal- hies guaranteed by Article XX of the Constitution of the State of Colorado; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: 1) The Town Council of the Town of Vail hereby expresses its strong opposition to H.B. 1662 relating to State collected, locally shared sales taxes and urges its defeat by the House and Senate of the General Assembly of the State of Colorado. INTRODUCED, READ, APPROVED, AND ADOPTED, this ~~~ day of May, 1977. ATTEST: Town Clerk // ~J I'