City council nov. 19, 2013    cosadc ballot language presentation
Upcoming SlideShare
Loading in...5
×
 

City council nov. 19, 2013 cosadc ballot language presentation

on

  • 255 views

 

Statistics

Views

Total Views
255
Views on SlideShare
244
Embed Views
11

Actions

Likes
0
Downloads
0
Comments
0

1 Embed 11

http://www.sanangelotexas.us 11

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

City council nov. 19, 2013    cosadc ballot language presentation City council nov. 19, 2013 cosadc ballot language presentation Presentation Transcript

  • 2010 Ballot Language Regarding Half Cent Sales Tax
  • SPECIAL ELECTION November 2, 2010 OFFICIAL BALLOT PROPOSITION NO. 2
  • To adopt an extension of the Section 4B sales and use tax within the City of San Angelo at the rate of one-half of one percent which was adopted by the qualified voters by election held on January 16, 1999, and extended through June 30, 2025 by an election in September 11, 2004; to repeal the expiration date of the Section 4B sales and use tax extended to June 30, 2025; and, to undertake the following projects allowed in Section 4B of Article 5190.6, V.A.C.S., as amended, (hereinafter “Act”) on the condition that:
  • 1) The use of sales and use tax proceeds for infrastructure relating to the development of water supply, water purchase, water rights purchase, and/or capital improvements for one or more of the following options: water reuse and/or the use of fresh or brackish water; and the development and institution of water conservation programs, including, but not limited to, education programs and incentives for the installation of water saving plumbing fixtures, to be from a minimum of 21% increasing to 72% of gross sales and use tax proceeds as voter approved project obligations are met and subject to future voter approval of additional projects; and
  • 2) The use of sales and use tax proceeds for the continued economic development projects authorized under Section 4B of the Act, including, but not limited to, the development, promotion, creation, retention or expansion of business enterprises that create or retain primary jobs, including suitable infrastructure, up to 28% of gross sales and use tax revenues; and 3) The use of sales and use tax proceeds for the continued development and expansion of affordable housing for a period of thirty (30) years at its current allocation; and 4) The use of sales and use tax proceeds for infrastructure relating to the Concho River improvements anticipated to be in the sum of $4 million; and
  • 5) The use of sales and use tax proceeds for projects authorized under the Act including, restoration of the Auditorium Downtown Plaza anticipated to be in the sum of $3.75 million, youth sports facility consolidation anticipated to be in the sum of $1.75 million, Fort Concho/Museum District anticipated to be in the sum of $1 million, Fair Grounds Third (3rd) Phase Construction anticipated to be in the sum of $1 million, and Airport Modification leveraging funds anticipated to be in the sum of $500,000; and
  • 6) The uses of sales and use tax proceeds for infrastructure and capital improvement projects, other than development of water infrastructure or economic development, requiring funding in addition to funding anticipated at the time of approval shall be resubmitted to the qualified voters for approval before the expenditure of additional funds from sales and use tax proceeds.