Loading...
HomeMy WebLinkAboutRESOLUTION NO. 98-4-14 CITY OF FAIRFAX RESOLUTION NO. 98-4-14 A resolution designating the percentage dor amounts ) of Local. Sales and Services Tax revenues to be devoted to property tax relief in the event such tax is imposed in the City of Fairfax , and designating- the proposed use of the remainder of such revenues . WHEREAS, pursuant to the request of the council of the City of Cedar Rapids , Iowa, an election will be held throughout Linn County on June 23 , 1998 , upon the question of the imposition of a local sales and services tax in the incorporated and unincorporated areas of Linn County; and WHEREAS, the legislation authorizing imposition of the tax also allows other jurisdictions werein the tax would be imposed to individually designate what percentage or amount of local sales 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 , thi City Council has been advised and does believe that it would be in the best interests of this City to make a designation as to property tax relief and use of remaining local sales and services tax revenues . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAIRFAX , IOWA: That revenues from a local sales and services tax which may be imposed in this City on and as of October 1 , 1998 , shall be allocated as follows : 1 . 0% for property tax relief. 2 . The specific purposes for which the revenues shall otherwise be expended are : Street improvements Sewer improvements and Water Tower and water improvements . AND BE IT FURTHER RESOLVED That the City Clerk be and is hereby instructed to deliver this Resolution to the Linn County Commissioner of Elections without delay. PASSED AND APPROVED THIS 14th day oL App 1 , 1998 MayorF ATTEST : City Cl r