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HomeMy WebLinkAbout1988 Resolution No. 008I RE SOL UT ION NO . SERIES OF 1988 A RESOLUTION OPPOS IN G A PROPOSED SALES TA X IN THE CITY OF ENGLEWOOD TO CON - STRU CT THE E-470 BELTWAY . WHEREAS, The E-470 Authority proposes a .4'. tax on all retail s al es in Arapahoe County to help finance construction of a beltway along the eastern peri me t er of the metropolitan area; and WHEREAS, the City of Englewood is located at the opposite end of Arapahoe County at a distance of approximately IO miles from the clo sest junc - ture with E-470 ; and WHEREAS , the impos i tion of an added sale s tax would raise approxi - matel •1 $1 .4 million annually from Englewood merchants, customers and resident s for >--.ltway that would be of virtually no di rect benefit to the City of En - glewood , and WHEREAS , con s truction of E-470 could draw commerce and office ac - tivity from Englewood while citizens pay a tax for its constru~tion; and WHEREAS, the City of Englewood wishes to maintain the health and economic welfare of the community ; and WHEREAS, the citizens of Englewood face a nu mber of other proposed taxe s and fees to be imposed by outside entities ; and WHEREAS, the City of Englewood recognizes the ne~d for a beltway to improve traffic flow in the metropolitan area but will realize little benefit for its residen t s NOW , THERf.fORE , BE IT RESOLVED, by the City Co un cil of ti•~ City of En glewood , ColorJdr . as follows : That the City Council oppo se any plan to include the City of Engle - wood in the sales tax district to be created by the E-470 Authority . ADO,TED AND APPROVED this 29th day of February , 1988 . ATTE ST: I, Patricia H. Crow, City Cler~ of the City of Englewood, Colorad o, do hereby certify that the above and foregoing is a true , accurate and com- plete copy of Resolution No. ~• Series of 1988 . Patricia H. Cro w I