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HomeMy WebLinkAbout1972-05 Opposing Passage of Constitutional Tax Amendments 7 and 12RESOLL~ITION OPPOSING PASSAGE OF CONSTITUTIONAL TAX AMENDMENTS 7 AND 12. WHEREAS, there will appear on the November 7, 1972, general election ballot proposed Constitutional Amendments 7 and 12; and WHEREAS, local afPicials have long supported and worked For constitutional revision and modernization to enable local governments to meet community needs and 20th century problems; and WHEREAS, local government was modernized and home rule seiF- determination for municipalities was strengthened by passage in 1970 of Constitutional Amendment Three; and WHEREAS, adoption of either Amendment 7 or 12 would: i , impair local authority to raise necessary revenues to finance local services and programs, 2. limit cherished municipal hams rule powers granted by Article XX of the Colorado Constitution, 3. encourage encroachment by the General Assembly and State of Colorado on revenue sources relied upon by local governments, 4. risk Fiscal or legislative chaos in the allocation of restricted property tax revenues among counties, munici- palities and special districts, 6. impose inflexible tax Formulas in the Colorado Constitution, 6. inadequately provide For revenues to replace those eliminated by the Amendments, and 7. result in major tax shifts and altered tax burdens for Colorado taxpayers . NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAI L, COLORADO, AS FOLLOWS: 1 . That the Town aF Vail goes on public record as opposing adoption of Constitutional Amendments 7 and 12; 2. That the Town of Vail urges its citizens to become acquainted with and vote No on Amendments 7 and 12; 3. That a copy of this Resolution be mailed to the Colorado Municipal League oFFice. 1972. PASSED, APPROVED AND ADOPTED this 17th day of October, ATTEST: Mayor ' Town clerk 24