Extending the Expiring Twenty-five Hundredths Percent (0.25%) "Building on Basics" Capital Projects Sales and Use Tax for a Period of Ten Years for the Purpose of Obtaining Revenue for the "Community Capital Improvement Program" Capital Projects and Related Operation and Maintenance
WITHOUT RAISING ADDITIONAL TAXES, SHALL THE CITY'S EXISTING 0.25% SALES AND USE TAX (25 CENTS ON A $100 PURCHASE) APPROVED BY THE VOTERS IN 2005 FOR THE "BUILDING ON BASICS" CAPITAL PROJECTS PROGRAM BE EXTENDED FROM ITS CURRENT EXPIRATION AT THE END OF DECEMBER 31, 2015, THROUGH THE END OF DECEMBER 31, 2025; PROVIDED THAT THE REVENUE DERIVED FROM THE EXTENSION OF SUCH TAX SHALL BE USED TO PAY THE COSTS OF PLANNING, DESIGN, REAL PROPERTY ACQUISITION, AND CONSTRUCTION OF THE FOLLOWING CAPITAL PROJECTS AS PART OF THE "COMMUNITY CAPITAL IMPROVEMENT PROGRAM", AND TO PAY FIVE (5) YEARS OF OPERATION AND MAINTENANCE ("O&M") FOR CERTAIN OF THESE CAPITAL PROJECTS AS SPECIFIED BELOW, ALL SUBJECT TO THE TERMS AND CONDITIONS OF PROPOSED ORDINANCE NO. 013, 2015:
- PEDESTRIAN SIDEWALK/AMERICANS WITH DISABILITIES ACT COMPLIANCE - SAFE ROUTES TO EVERYWHERE
- BICYCLE INFRASTRUCTURE IMPROVEMENTS - SAFE ROUTES TO EVERYWHERE
- BUS STOP IMPROVEMENTS - SAFE ROUTES TO EVERYWHERE
- DOWNTOWN POUDRE RIVER ENHANCEMENTS AND KAYAK PARK (WITH O&M)
- BIKE/PED GRADE SEPARATED CROSSINGS FUND (WITH O&M)
- TRANSFORT BUS FLEET REPLACEMENT
- ARTERIAL INTERSECTION IMPROVEMENTS FUND
- IMPLEMENTING NATURE IN THE CITY (WITH O&M)
- GARDENS ON SPRING CREEK VISITOR'S CENTER EXPANSION (WITH O&M)
- SOUTHEAST COMMUNITY CENTER WITH OUTDOOR POOL (WITH O&M)
- AFFORDABLE HOUSING FUND
- LINCOLN AVENUE WEST SEGMENT ROAD IMPROVEMENTS (WITH O&M)
- CITY PARK TRAIN
- RENOVATION OF THE HISTORIC CARNEGIE BUILDING (WITH O&M)
- LINDEN STREET RENOVATIONS DESIGN & CONSTRUCTION (WITH O&M)
- CLUB TICO RENOVATION
- WILLOW STREET RENOVATIONS DESIGN AND CONSTRUCTION (WITH O&M)
AND FURTHER PROVIDING THAT THE FULL REVENUES DERIVED FROM THE TAX MAY BE RETAINED AND EXPENDED BY THE CITY FOR SUCH PURPOSES, NOTWITHSTANDING ANY STATE REVENUE OR EXPENDITURE LIMITATION INCLUDING, BUT NOT LIMITED TO, THE LIMITATION IN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?