HomeMy WebLinkAbout10798RESOLUTION NO. 10798
A RESOLUTION SUBMITTING TO THE REGISTERED ELECTORS OF THE CITY OF
PUEBLO AT THE SPECIAL MUNICIPAL ELECTION TO BE HELD ON NOVEMBER 7,
2006 PROPOSED INITIATED ORDINANCE NO. 7498 EXPANDING THE AUTHORIZED
USES OF REVENUE FROM THE HALF -CENT SALES AND USE TAX IMPOSED BY
PUEBLO MUNICIPAL CODE SECTIONS 14- 4 -85(e) AND 14 -4 -63(2) (DEVOTED TO
JOB - CREATING CAPITAL IMPROVEMENT PROJECTS), AND IMPOSING
REQUIREMENTS ON THE EXPENDITURE THEREOF
WHEREAS, an initiative petition having the required number of signatures of registered
voters has been filed with the City Clerk requesting that proposed initiated Ordinance No. 7498
relating to expansion of the authorized uses of revenue form the half -cent sales and use tax
imposed by Pueblo Municipal Code Section 14- 4 -85(e) and 14 -4- 63(2), as amended, and
imposition of requirements on the expenditure thereof (the "proposed Ordinance ") be submitted to
a vote of the registered electors of the City of Pueblo at the special municipal election to be held on
Tuesday, November 7, 2006; and
WHEREAS, pursuant to section 5 -1 -10 of the Pueblo Municipal Code, as amended, the City
Council shall fix the ballot title for such proposed Ordinance which will fairly express the true
meaning and intent thereof; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1
The proposed Ordinance, a true copy of which is attached hereto, shall be and is hereby
submitted to a vote of the registered electors of the City of Pueblo at the special municipal election
to be held on Tuesday, November 7, 2006.
SECTION 2.
The ballot title (submission clause and title) for the proposed Ordinance is hereby fixed to
read as follows:
QUESTION NO.
(PROPOSED INITIATED ORDINANCE)
SHALL PROPOSED INITIATED ORDINANCE NO. 7498 BE ADOPTED
PROVIDING: THAT THE USE OF REVENUES FROM THE HALF -CENT SALES
AND USE TAX DEVOTED TO JOB - CREATING CAPITAL IMPROVEMENT
PROJECTS BE EXPANDED TO ALLOW UP TO 4% OF SUCH REVENUES TO BE
USED FOR A CITY OFFICE OF ECONOMIC DEVELOPMENT WHICH WILL
CREATE A COMPREHENSIVE ECONOMIC DEVELOPMENT PLAN AND
COORDINATE ECONOMIC DEVELOPMENT ACTIVITIES AT THE DIRECTION OF
CITY COUNCIL; AND THAT EXPENDITURE OF SUCH REVENUES SHALL BE
SUBJECT TO THE FOLLOWING REQUIREMENTS: FINANCIAL ASSISTANCE TO
RECRUIT -ED COMPANIES SHALL BE PURSUANT TO CONTRACTS WHICH
SET FORTH THE WAGES AND BENEFITS PROMISED BY THE COMPANY AND
REQUIRE REPAYMENT IF THE COMPANY DEFAULTS ON ITS COMMITMENTS,
COMPANIES RECEIVING FINANCIAL ASSISTANCE WILL BE REQUIRED TO
MAKE GOOD FAITH EFFORTS TO UTILIZE LOCAL SUPPLIERS AND
SUBCONTRACTORS IN DEVELOPMENT AND ESTABLISHMENT OF THE
ASSISTED BUSINESS, NEGOTIATIONS FOR FINANCIAL ASSISTANCE FROM
HALF -CENT REVENUE SHALL BE WITH OR AT THE DIRECTION OF THE
COUNCIL, A CODE OF ETHICS SHALL BE IMPLEMENTED TO PROHIBIT
MEMBERS OF ECONOMIC DEVELOP -MENT ENTITIES WHICH RECEIVE CITY
FUNDING FROM SOLICITING BUSINESS FROM RECRUITED COMPANIES,
AND RECORDS OF THE OFFICE OF ECONOMIC DEVELOPMENT SHALL BE
SUBJECT TO PROVISIONS OF THE COLORADO OPEN RECORDS ACT WHICH
SHALL GOVERN DISCLOSURE OF PUBLIC RECORDS AND REFUSAL TO
DISCLOSE CONFIDENTIAL OR PRIVILEGED RECORDS
FOR THE ORDINANCE
AGAINST THE ORDINANCE
SECTION 3
The City Council does hereby find, determine and declare that the ballot title set forth in
Section 2 hereof fairly expresses the true meaning and intent of the proposed Ordinance.
SECTION 4
The City Clerk shall (a) at least ten (10) days prior to the November 7, 2006 special
municipal election publish notice of an election upon the proposed Ordinance, which notice shall
contain the full text of the proposed Ordinance, and (b) certify the Ballot Title to the Pueblo County
Clerk and Recorder by no later than sixty days before the November 7, 2006 coordinated election
as provided in section 1 -5- 203(3), C.R.S. To minimize publication expenses, the notice required to
be published by this section may be combined with any other notice published concerning such
special municipal election.
SECTION 5
This Resolution shall become effective immediately upon passage.
INTRODUCED August 14, 2006
BY Gilbert Ortiz
Councilperson
APPROVED:
President of City Council
ATTESTED BY:
CITY CLERK