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HomeMy WebLinkAbout1976-24 Urging the President of the US to Sign into Law H.B. 9719, the Payments in Lieu of Taxes BillRESOLUTION NO. ~ Series of 197b A RESOLUTION OF THE TOWN COUNCIL URGING THE PRESIDENT OF THE UNITED STATES TO SIGN INTO LAW H.R. 9719, THE "PAYMENTS IN LIEU OF TAXES" BILL WHEREAS, the 94th Congress has passed H.R. 9719, the "Payments in Lieu of Taxes" bill, and the same is being considered by the President of the United States; WHEREAS, H.R. 9719 will provide payments in lieu of taxes to local governments for certain Federally-owned lands; WHEREAS, within the State of Colorado there are numerous Federally-owned lands including National Parks, National Forests, Wilderness Areas, BLM lands, water resource projects, and many others that are tax-exempt; WHEREAS, the extensive Federal holdings place undue burden an the local taxpayer to maintain the local government system; and WHEREAS, it is estimated that 55 Colarado counties are eligible for payments under the bill, including Eagle County in an approximate amount of $258,000; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: 1) The Town Council strongly believes that payments in lieu of taxes are necessary to local governments and their viability, and therefore urges the President of the United States to sign H.R. 9719 into law. INTRODUCED, READ, AND APPROVED THIS 19th day of October, 1976. ATTEST: Town Clerk / 1 ail ~ ayor t r 2.~--