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HomeMy WebLinkAbout1987 Ordinance No. 061ORDINANCE NO . 1f:.j SERIF.~ OF 1987 BY A111'11ClUTY Clllk:IL BILL NO. 63 I1fl'ROOOCFD BY Clllk:IL MEMllm Vl\N DYKE AN CJUJINANCE AMFllDIN, TITLE 4, OIAPTER 4, SFX:TIOOS 4 AND 5, ~ MUNICIPAL CaJE 1985, REFLEX:TING AN IOCRF.ASE OF SALES AND USE TAX IN 'l1IE CITY OF ~ BY CNE-HALF CENr 00 EACH DOLLAR FOO A TOl'AL CITY SALES TAX OF 3. 50,, 00 EACII DOLI.JIR. WHERE/IS, City Council finds it necessary to increase the city sales and 11 sr tax to raise funds for services in the City of Engle-.ood; NCM, THEREFORE, BE IT OODIUNEll BY THE CITY CXXJNCIL OF 'l1IE CITY OF ENGLF.lm:>, COLOR/\DO, 'TIIAT: Section l. Title 4, Chapter 4, Section 4, SUbsection 2, Englewood Municipal COde 1985, is hereby airended as follCMS: 4-4-4: SAJ.llS TAX IMPC6l'D: 4-4-4-2 : SALES TAX LEVY: A. There is hereby irrp:,sed upon all sales of all items specified in Section 4-4-4-1 above, within the boundaries of the City, a tax, TO BEXXl'1E EFFl:l:TIVE IIIBIIBt ½-, H8'P' Jl\NUARY 1, 1988, in accordance with the following schedule: Anomt of sale $ • 01 including $ .14 $ .15 including $ • 42 $ .n including $ • 71 $ • 72 including $ , 9~ $1.00 including ,i:t.28 $1.29 including (1.57 $1.58 including $1.85 $1.86 including $2.00 119-tme e No tax $ .01 $ .02 $ .03 $ .04 $ .05 $ % $ .07 on sales in l!lCCeSS of -IINMr ftt;1lot Tl«) DOLLARS ($2.00), the tax shall be .ii---l.,Oill SEVEN CENl'S 1$.07) oo each fllH. Tl«l dollars ($2.00) of the sales price, plus the tax soown in the above schechlle for the applicable fractional part of a dollar of each such sales price. !;cction 2. Title 4, Chapter 4, section 5, Subsection 1, Engle«x>d ~~unidpal COde 1985, is hereby amended to sha., the tax increase as follows: 4-4-5: 4-4-5-1: TAX 00 S'TORAGE, CCtlS!M'TIOO AND USE: There is hereby levied and t lwa rr s h"! 1 be collected fran every person in the City, a tax upon the I privileq,:, of storing, using or consuming within the boundaries of the City any .,rt icles of tangible personal prq,erty purchased ut retail fran sources outside the corporate limits of the City. SUch tax, TO IW:CJ,IE EFFEX:TIVE 81BHl!lt 1, l'J8'1 ,JANUARY 1, 1988, shall be payable to, and shall be collected hy, th<, Uirer.tor of l'inance in accordance with the follo,,ing schedule: on Stnrarii, 0r llcquiaiUon Charges or Cost $,9l h10lulli111J $ 11 .,19 itdudtt-J •. 5l •• 52 l:ncludh-J • .84 $,8§ i11al111ll:111J $1,.ee $ .OJ including $ .14 $ .15 including $ .42 $ .43 including $ • 71 $ • 72 including $ .99 $LOO including $1.28 $1.29 including $1.57 $1.58 including $1.85 $1.86 including $1.00 ·rux no tax $ .01 $ .02 $ .03 $ .04 $ .os $ .06 $ .07 On sturacJe or acquisition charges or costs in excess of -tiier ftt;Oltt-'IW) IJOLLMS ($2.00), the tax shall be three-a!llts 'f$:03T SEVHi CENl'S ($.07) oo eilch Ml-'JW) dolforS of such storage or acquisition charges or cost, plus the tax shewn in the above schedule for the applicable fractional part of a dollar on euch such charqcs or oost. S<.'Ction 3. The City Council will review the inposition of this increase i.n ~al~fl ,md use tax ever.y six rronthR. Int nxluced, read in full, and passed on first reading oo the 21st day of Septe.rb<?r, 19137. 1967. P11bl.ismd as a Bill for an Ordinance on the 23rd day of Septeniler, 1987. R"ad by tit le, amended and passed as amended on the 19th day of October, I Not ice of aroondnent to Cowlcil Bi 11 63 published on the 21st clay of OCtobP.r, J 987. Rcud by ti tl" and passed on final reudinq oo the 2nd day of Novent>er, 1'11bJigllf'd by title ,,s Ordinance No. 0/, Series of 1987, on the 4th clay o f Nnvrnlber, 1987. Atte st: t} I.,,;., I I ( ~ , 1/ , I t , Patricia JI. CrCM, C1ty Clerk I, Patricia JI. CrCM, City Clerk of the City of Englewood, Colorado, hereby certify tr~t the foregoing is a true copy of the Ordinance passed on final reading and published by title as Ordinance No. M_, Series of 1987. aitqt ~~ Patric a H. Crew -3 -