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HomeMy WebLinkAboutRESOLUTION NO. 03-03-11-3 j RESOLUTION NO. r E_.t.t,1 i,J 'ti; 12. A RESOLUTION DESIGNATING THE PERCENTAGE OF LOCAL 'SALES AIS"`��L�lCE TAX REVENUES TO BE DEVOTED TO PROPERTY TAX RELIEF IN THE EVENT ��PJ05Y 16 IMPOSED IN THE CITY OF 0.1x-64 LINN COUNTY, IOWA, AND DESIGNATING THE PROPOSED USE OF THE REMAINDER OF SUCH REVEN'U'ES. WHEREAS, pursuant to a resolution of the Council of the City of Cedar Rapids, Iowa, the Linn County Board of Supervisors has directed the Linin 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 June 10, 2003; and WHEREAS, Iowa Law authorizing imposition of the tax allows jurisdictions wherein the tax would be imposedto 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, if any; and, WHEREAS, the City Council of the City of ra"Ank Linn County, Iowa, has,been advised and does. (believe it would be in the best iinterest of the City of Linn County, Iowa, to make a designation as to the property tax relief and use the remaining, local sales and services tax revenues. NOW, THEREFORE, BE IT RESOLVED BY THE CITY CO,UNCIIL OF THE CITY OF LI N N COUNTY, IOWA: That Revenues from a local sales and services tax which may be imposed in this city on and as of January 1, 2001, shall be allocated as follows. 1. - 0 % For Property Tax Relief [Any number 0%-100%] 2. The specific 1Purposes for which the revenues shall otherwise be expended are 1401) Sh-te 0% S X01N4� lact)AJ �Quqas o F � 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 thi's day of , 2003. -bre A' ATTEST: A2,UJ City Xler1�gnature