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05/25/2004 Ordinances 8910 I I I ORDINANCE NO. 8910 An ordinance to adopt an additional one-half (1/2) cent sales and use tax in the City of Grand Island, Hall County, Nebraska; to provide for filing with the Nebraska Tax Commissioner a certified copy of this Ordinance, a certified map of the City of Grand Island, a certified copy of the election results and a statement from the Hall County Election Commissioner indicating that this issue has not been voted on during the last six months; and; and to provide for publication and the effective date of this ordinance. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA: SECTION 1. By reason of the approval of the voters of the City of Grand Island at the primary election held in the City on May 11, 2004, Grand Island does hereby impose a sales and use tax of one-half of one percent upon the same transactions within the City on which the State of Nebraska is authorized to impose a tax pursuant to the Nebraska Revenue Act of 1967, as amended from time to time, and such sales and use tax shall be in addition to the one percent sales and use tax imposed by the City in Ordinance No. 7600 and the administration of such sales and use taxes shall be by the Nebraska Tax Commissioner pursuant to Neb. Rev. Stat. S77-27,143. SECTION 2. The sales and use tax imposed by this Ordinance shall commence on the first day of the next calendar quarter which is at least one hundred twenty days following receipt by the Tax Commissioner of a certified copy of this Ordinance as set forth in Neb. Rev. Stat. S77-27,143. SECTION 3. One-half of the proceeds of the sales and use taxes imposed by this Ordinance shall be used to reduce the real property taxes imposed by the City and one-half of the Approved as to Form J:l May 19, 2004 J:l City Attorney I I I ORDINANCE NO. 8910 (Cont.) proceeds shall be used to fund capital improvements including but not limited to fire department facilities, police department facilities, library facilities, parks and recreation facilities, senior citizen/Grand Generation Center facilities and infrastructure. SECTION 4. By reason of the approval of the voters of the City of Grand Island at the primary election held on May 11, 2004, the City of Grand Island shall increase its budgeted restricted funds for fiscal year 2004-2005 and subsequent years by $4,500,000 over the current year's restricted funds. SECTION 5. After passage and adoption of this Ordinance, the City Clerk is hereby directed to mail a certified copy of this Ordinance together with a certified map of the City of Grand Island, a certified copy of the election results and a statement from the Hall County Election Commissioner indicating that this issue has not been voted on and failed within the prior twenty-three months preceding the election to the Nebraska Tax Commissioner. SECTION 6. This Ordinance shall be in full force and take effect, from and after its passage, approval and publication as provided by law. Enacted: May 25,2004. Attest: Qr\~ Ww~ RaNae Edwards, City Clerk - 2-