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HomeMy WebLinkAboutRESOLUTION NO. 01-04-10-2 RESOLUTION NO. ,7' a ?,.u..,1 A RESOLUTION DESIGNATING THE PERCENTAGE OF LOCAL.SALES AND SERVICES TAX. REVENUES TO BE DEVOTED,TO PROPERTY TAX RELIEF INTHE EVENT SUCH TAX IS iMpOSED IN THE CITY OF_ .i _� _, LINN COUNTY, IOWA,AND DESIGNATING THE PROPOSED USE OF THE REMAINDER OF SUCH REVENUES. WHEREAS, pulrsuent to a resolution of the Council of the City of Cedar Rapids, Iowa,the Linn County Board of Supervisors has directed the Linn County Auditor to submit the question of the imposition of a one percent(1%)local sales and services tax in the incorporated and unincorporated areas of Linn County on July 10,2001; and WHEREAS, Iowa Law authorizing imposition of the tax allows jurisdictions wherein the tax would be imposed to individually designate what percentage or amount of local sales and serves tax revenues each will devote to property tax relief and what uses it will put the remainder of said tax revenue to, if any;and WHEREAS,the City Council of the city of Eli , Linn County, Iowa, _r , has s: gen advised and does believe it would be in the best interest of the City of . _ L4 _.. M Linn County, Iowa,to make a designation as to property tax relief and use of the remaining local)sales and services tax revenues,. NOW,THEREFORE„BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINN COUNTY, IOWA: That Revenues from a local sales and services tax which may be imposed in this city on and as of January 1, 2002,shall be allocated as follows: 1. For Property Tax Relief (Any number 0%.100°/x) 2. The specific purposes for which the revenues shall otherwise be expended are 33go 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 �� ` day of , 2001. ATTEST•