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HomeMy WebLinkAbout2012 Ordinance No. 057ORDINANCE NO. c::fl SERIES OF 20 12 4 BY AITTHORITY COUNCTI.. BILL NO . 50 INTRODUCED BY COUNCIL MEMBER WILSON AN ORDINANCE APPROVING AN INTERGOVERNMENTAL AGREEMENT ESTABLISHING A REFUNDING OF BUil,DING USE TA)( FOR SCHOOL DISTRJ CT NO . I, ARAPAHOE COUNTY 7-12 CAMPUS PROJECT (SCHOO LS). WHEREAS , 1.he Englewood ~unicipal Code has estab lished a building use ta x under 4-4-5-3(8)(2) EMC; and WHEREAS, 1hc State has exempted both the Schools and any contractor performing work fo r 1he schools fr om Colorado building use tax ; and WHEREAS , lite Cit y of Englewood ha s exempted the School Dis1ric1 Nu . I , Arapahoe County. Co lorado from building use lax; however. a similar excmplion does not exist for controctors <loing work for schools ; ond \VH.EREAS, money coming in from building use tax is pill into the Public Improv ement Fund (PIF); and WHEREAS , the PfF provides fundmg for public infrastrncture and capital improvement s: and WHEREAS , schools have worked cooperatively with City staff to identify a number of amenitie; beneficial to the School Dis trict and the citi1;,ns of Englewood within the Englewood Schools' 7-12 Campus Project. NOW. THEREFORE. BE IT OR DA INF.I) BY THE CIT Y COUNCIL OF THE crrY OF El\GLEWOO D, COLORADO. TIL'\T: 11 bi Section I . The City Co uncil of the Cit y of En glewood hereb y authorizes refundin g building use tax paid by the Contra ctor Saundt:r s Co nstrnctio n, for the En1;tlewood Schools' 7-12 Campu.it; Projec t located at 3800 South Logan Street , Englewood, Co lorad o. as set fo rth in the auached lnter gn vemm en tal Acr ee ment with the Schoo l Oistrict No. I , Arapahoe Co unt y. Introdu ced. read m full. amended and passed on first reading on the I st day o f October. 2012 . Published by Title as amended as a Bill for an Ordinance in the City's official new spa per on the S"dayofOctober , 2012 . ~~ Published as amended as a Bill for an Ordinan ce on the Cit y's officin l web site beginning on the J'' ,fay of October, 2012 for thiny (30) days. l{ca<l by title, i1ntl passcU on linnl reading on the 5th day of November, 201 2. l'ubl,shcd by Lille as amended 111 lhc City 's c l"li c1al new spaper as Orchn anc.c No.~ Sen es ol" 20 12 , o n the 9th cay o: Novcmhcr , 201 2. PL1bl1shcd by tnlc as amended on th e Cit y's official web site beginn ing on the 7th da y of No vember. 2012 for thirty (10) days . I. Loucrishia A Elli s, City Clerk oflhc City of Englewood , Colorado , hcrcl >>· ccn,fy that the nhove and foregoin g is :1 tmc cop y nf:,Pj Orclin;mce as amcnclr.rl , p:i~'-ed on finnl r~ulin g :met '"'"'"'"'"'"'"'o"';""~ No "y "''""""" ~~ A {, Loucri shia A. Ellis lNTF.RC.OVERNM'F.NT AL AGREEMENT TI1is Al!leemenl, dated and effective as of _-:,--,--~ 20 , by and between !he City of Englewood, (hereinafter referred to as "the City") whose address is I 000 Englewood Parkway, Englewood, CO 80110 and Schooi District No. I, Arapahoe County, (hcrein,Rer refcrre,1 to as "the Schools") whose ,ddress is 4101 South Bannock Street , Englewood, CO 80110 WHEREAS , the Englewood Municipal Code has es tablished a building use tax under 4-4-5-3(8)(2) EMC; and WHEREAS , the State has cxem:,:eJ both tl1e School s and any contractor performing work for the sch<>0ls from Colorado building use tax ; and WHEREAS, L'te City of Englewood has exempted the Schools from building use tax ; however. a simi lar exemption does not exist for contractors doin g work for the Schools; and WHEREAS, money coming in from building use tax is put into the Public Improvement Fund (PlF); and WHEREAS, the PIF provides funding for public infrastructure , and capital improveme~ts ; and WHEREAS, the school s have worked cooperntively with City stoff to identify o number of amenities beneficial to the School District and the citizens of Englewood within the Englewood Schools ' 7-12 Campus Project. NOW TiiEREFORE, IT IS AGREED by and between the City of Englewood and the Englewood Public Schools thot : I. The C:ty Council of the City of Englewood hereby aulhonzcs refunding building use tax paid by the Contractor Saunders Construction Company. for the Englewood Scbools' 7-12 Campus Project located at 3800 South LogJ\11 Street , Englewood, Colorado to the School District No . I , Arapahoe County as fo llows: a. For the projects described IT\ Ex hib11 A. the actual rebate of 1/3 of the project costs (ll IS anticipated faat project costs wiU be $300,000 with the rebate to the School District being St00,0 00). plus b. 50% of the actual Use Tax on the project (ll is ant icipated that total Use Tax on lhe Englewood Schools 7-12 Campus Project is $600,000 with the 50% rebat e being $300,000). c. ll 1s on11c1pated the total rebate lo School U1stnct No. 1 Arapahoe County will be $400,000, but the actual costs and actual Use Tax shall determine the amount of the rebate . IN WITNESS WHEREOF , the Parties hereto have caused thi s Agreemen t lo be signed as of the dale first wnnen above . By: Nam e: TIi ie: Lo.1c rishi e A. Ell,s, C ilv C lerk By : Name : Ti1k: Oy : Nam e: Till e: CITY OF EI\GLEWOOD. CO LORAD O R :mdy r . Penn Ma yor SCHOOL DISTRJ C J' NO . I, ARAl'All OE CO UNTY SAUN DER S CON STR UC TI ON Ahcmate 2 (includes $24,000 for intersection improvements) Parking along Lelugh (not less than 40 s paces) Mansfield Parking (not less than 29 spaces) Traffic Sil,'llal Improvements at Logan/Mansfield EXHIBIT A $160,650 66,000 47,850 15,000 $2R9,500