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HomeMy WebLinkAboutRESOLUTION NO. 81585 RESOLUTION A RESOLUTION DESIGNATING THE PERCENTAGE (OR AMOUNT) OF LOCAL SALES AND SERVICES TAX REVENUES TO RE DEVOTED TO PROPERTY TAX RELIEF IN THE EVENT SUCH TAX IS IMPOSED LN THE CITY OF FAIRFAX, :AND DESIGNATING THE PROPOSED USE OF THE REMAINDER OF SUCH REVENUES. WHEREAS, at the request of the City Council of the City of Cedar Rapids, Iowa an election will be held throughout Linn County on November 5 , 1985, upon the question of the imposition of a local sales and services tax in the incorporated and unincorporated areas of Linn, Countyi and WHEREAS , the legislation authorizing imposition of the tax also allows other jurisdicitions wherein the tax would be Imposed to individually designate what percentage, or amount of local sales tax and services tax revenues each will devote to property tax relief, and what uses it will put the remainder of said tax revenue to; and WHEREAS , this City Council. hasbeen advised and does believe th ..t it would be in the best interests 9f this City to make a deGignation as to property tax re). ief and use of remaining local sales and services tai: revenue; - NOW, THEREFORE, BE IT :tESOLVED BY THE CITE" COUNCIL OF THE CITY OF FAIRFAX, IOWA That revenues from a local sales and services tax which may be it,iposed in this City on and as of January 1 ,, 1986 , shall be allocated as follows : 1 . 65 l for property tax relief 2 . The specific purposes for which the revenues shall oche-^wise be expended. are . 20% later and Se_we Funds . 1.5% General Funds_---.� AND RE IT FURTHER RESOLVED, Thar the City Clerk be and is hereby iiaetructed to deliver this Resolution to the Linn County commissioner of Elections without delay . 'PASSED AND APPROVED R .1 ATT 5a : � Mayor James Fe t h irgfnia Soukup , Cty Clerk Voting on measure: Ayes-Fa1og,Berryhill,Josifek. flays-none. Absent-Zamastil & Bullock RECEIPT A certa,fied copy of the foregoin..g resolution was si''ed with t'h? C,))mm3.ssioner of Elections on r,'; Fl %�. , - 985 S f ,^ Commissioner 9f Elpc�t�:i : � 'ons, Linn Crstaplt`y' /.