HomeMy WebLinkAbout1989 Resolution No. 037RESOLUTION NO.
Ser les of 1989
A RESOLUTION GIIIING NOTICE OF REVIEII OF SALES TAX .
WHEREAS, pursuant to Ordlnance llo . 61, Serles of 1987, the Clty Councll ls
required to review the . 51 increase in ,,ales tax (one •half cent on a dollar); and
WHEREAS, City Council has i n f act reviewed the inc rease in sales tax ,
including the review of financial da ta on the subject;
NOW , THEREFORE , BE IT RI .SOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLE\100D, COLORADO THAT :
Notice is hereby given that the sales tax increase has be en reviewed and its disposition is still under consideration .
ADOP TE D AND APPROVED this 1989 .
I, Patric ia H. Cro w,
h ereby ce r tify t hat the above
Resolution No . .£/_, Series
Ci ty Clerk of the City of Englewood, Co l o r ado, do
and foregoing is a true, accura te and comple t e copy of
of 1989 .
)_;_ . . ,d /j
.. 2'/2 1,,, I(\ '-AL u Ct l.1
Patricia H. Cro w
DATE
June 19, 1989
INITIATED BY
STAFF SO URCE
PREVIOUS COUNCIL ACTION
COUNCIL CO!IIIUNIC.\TION
AGENDA ITEM
11 (d)
City Manager
SUBJECT
Roger Fraser , City Haniger
Review of Sal-1s Tax
After extens ive review of the sales tax rate, City Council adopted Resolution 43,
198 8 , s tating that the dispos ition of the sales tax rate was still under
consideration .
ACTION PROPOSED
Ad o pt resolution of notice tha t sales tax rate has been reviewed as required .
BACKGROUND
As required by Ordinance 61, 1987, that adopted the 3.51 sales tax rate, the review
of sales tax was conducted at the June 12, 1989 City Council study s a ssion . As a
res uJ t of t hat study and discussion, the proposed re solution is now s ubm itted per
Counc ll' s direction .
A3 concluded by City Council , cont inuation of the 3.51 sales tax r a te is in the best
fina nclal 1nter est of the Clty at thls tlme .
RECOMMENDATION
Adopt and approve resolution of notice that sales tax has been reviewed and that its
disposition is still under cons ideration .