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ORDINANCE NO. 9949
BE IT ORDAINED BY THE PEOPLE OF THE CITY OF PUEBLO, that (brackets indicate
matter being deleted; underscoring indicates new matter being added):
SECTION 2.
Section 14-4-85 of Chapter 4, Title XIV of the Pueblo Municipal Code, as amended, (a
portion of Section 13 of Ordinance No. 2189 approved by a vote of the People on November 8,
1955, as amended by Ordinance Nos. 3160, 3474, 4235, 5170, 5314, 5668, 5810, 5978, 6683,
7464, 8197, 8902, 9141 and 9764) is hereby amended by the addition of the new sections (i) and
(j) to read as follows:
Sec. 14-4-85. Schedule; tax added to price.
. . .
(i) Notwithstanding the three percent or the three and one-half percent
or the three and seven-tenths percent rate provisions of this Section, the rate of tax
previously imposed pursuant to Subsections 14-4-85 (a), (e) and (g) shall be
increased by one-half percent (.5%) for five years, from January 1, 2022 through
December 31, 2026. Pursuant to the foregoing increase, the rate of tax imposed
pursuant to this Section for the period January 1, 2022 through December 31, 2022,
shall be four and two-tenths percent (4.2%). For the period January 1, 2023 through
December 31, 2026, the rate of tax imposed pursuant to this Section shall be four
percent (4.0%).
(j) The revenues from the additional one-half percent (.5%) sales and use
tax rate imposed by Sections 14-4-63(4) and 14-4-85(i) of this Chapter, including
interest and penalties with respect thereof, shall upon collection and receipt by the
City, be deposited and placed in a special fund hereby created to be known as the
“Sales and Use Tax Streets, Roads and Bridges Projects Fund" (the "Fund"). The
moneys in the Fund shall be used solely for the streets, roads and bridges in the
City;
SECTION 3.
Section 14-4-63 of Chapter 4, Title XIV of the Pueblo Municipal Code (Section 20 of
Ordinance No. 2189 approved by a vote of the People on November 8, 1955, as amended by
Ordinance Nos. 3160, 3474, 4734, 5170, 5314, 5668, 5810, 5978, 6683, 7464, 8197, 8902, 9141
and 9764) is hereby amended by the addition of the new section (4) to read as follows:
Sec. 14-4-63. Storage, consumption and use tax schedule.
. . .
(4) Notwithstanding the three percent or the three and one-half percent
or the three and seven-tenths percent rate provisions of this Section, the rate of tax
previously imposed pursuant to the above provisions of this Section shall be
increased by one-half percent (.5%) for five years, from January 1, 2022 through
December 31, 2026. Pursuant to the foregoing increase, the rate of tax imposed
pursuant to this Section for the period January 1, 2022 through December 31, 2022,
shall be four and two-tenths percent (4.2%). For the period January 1, 2023 through
December 31, 2026, the rate of tax imposed pursuant to this Section shall be four
percent (4.0%).