HomeMy WebLinkAbout2002-222-04.15.2002 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2002-222
RESOLUTION REQUESTING A SPECIAL ELECTION TO
AUTHORIZE THE IMPOSITION OF A NEW LOCAL
OPTION SALES AND SERVICES TAX IN THE CITY OF
WATERLOO, IOWA, AT THE RATE OF ONE PERCENT
(1%) EFFECTIVE JANUARY 1, 2003, AND TO
AUTHORIZE THE REPEAL OF THE EXISTING LOCAL
OPTION SALES AND SERVICES TAX UPON SAID
DATE.
WHEREAS, Section 422B. 1 (3) of the Iowa Code provides that a
city representing at least one half of the population of the
county may, upon its own motion, request the county commissioner
of elections to hold an election in the incorporated area of the
city on the question of the imposition of a local sales and
services tax revenues; and
WHEREAS, this Council now wishes to request that an
election be held and has determined the particulars of the
proposed proposition to be as set forth below.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA:
Section 1 . That the County Commissioner of Elections
for Black Hawk County, Iowa is hereby requested to call a
special election on the imposition of a new local option sales
and services tax within the City of Waterloo, Iowa and the
repeal of the existing local option sales and services tax upon
the effective date thereof.
Section 2 . That the proposition substantially in the
form attached hereto as Exhibit A be submitted to the voters.
NOW, THEREFORE, BE IT FURTHER RESOLVED that the funds
received from the local option sales and services tax be
considered additional funds as allocated for the purposes set
forth in the proposition attached hereto as Exhibit A and not as
replacement funds for the present funding levels as authorized
by the City Council of Waterloo, Iowa.
BE IT FURTHER RESOLVED that the City Council of the City of
Waterloo, Iowa, requests the Board of Supervisors of Black Hawk
County to set the date of December 31, 2012 whereby the new tax
would be repealed, without election. In order for the tax to be
continued, another public referendum would have to be held prior
to said termination date.
Section 3. The City Clerk is hereby authorized and
directed to file a certified copy of this resolution with the
County Commissioner of Elections of Black Hawk County and with
the Black Hawk County Board of Supervisors to request that the
special election be scheduled for August 20, 2002.
Resolution No. 2002-222
Page 2
PASSED AND ADOPTED this 15th day of April, 2002 .
J hn R. ooff, Mayo
ATTEST:
Nancy Eck t, City Clerk
CERTIFICATE
I, Nancy Eckert, City Clerk of the City of Waterloo, Iowa,
do hereby certify that the preceding is a true and complete copy
of Resolution No. 2002-222, as passed and adopted by the Council
of the City of Waterloo, Iowa, on the 15th day of April, 2002 .
Witness my hand and seal of office this 17th day of April,
2002 .
Nancy Ecke , City Clerk
SEAL
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"guiariafir• To authorize imposition of a new local sales and
''S4rvid tax in the City of Waterloo, Iowa, at the rate of one
! �perce t'~ 1%) , to be effective from January 1, 2003 until
Decembetr31", 2012, and to authorize repeal of the existing one
. '003t: q-1k) local sales and services tax effective January 1,
'11r
0 A ;-new local sales and services tax shall be imposed in the
City of Waterloo, Iowa, at the rate of one percent (1%) , to be
effective from January 1, 2003 until December 31, 2012, and the
existing local sales and services tax shall be repealed
effective January 1, 2003 .
Revenues from the existing sales and services tax have been
allocated as follows :
Zero percent (0%) for property tax relief.
One hundred percent (1000) for the
reconstruction/repair/replacement of existing streets, curbs,
structures, storm sewers, as they relate to the streets within
the corporate limits of the City of Waterloo, Iowa.
Revenues from the new sales and services tax are to be allocated
as follows:
Zero percent (0%) for property tax relief.
Fifty percent (500) for the
reconstruction/repair/replacement of existing streets, curbs,
structures, storm sewers, as they relate to the streets within
the corporate limits of the City of Waterloo, Iowa.
Fifty percent (50%) for acquisition, construction,
operation, and maintenance of project facilities and
improvements undertaken as part of the amended Waterloo
Riverfront Renaissance Plan, including but not limited to a
recreation and sports complex, open-air art plaza and riverfront
amphitheater, river walk trail, dam improvements to enhance
river navigability, the establishment and maintenance of an
endowment fund to aid in payment of operating expenses for
project facilities, and the payment of principal and interest on
bonds issued to finance such projects.