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HomeMy WebLinkAboutcoa.cclc.min.10262010 COMMERCIAL CORE & LODGING COMMISSION MINUTES OF OCTOBER 26, 2010 Chair - person Terry Butler called the meeting to order at 8:30 a.m. Commissioners in attendance were: Fred Ayarza and Bill Dinsmoor. Excused were Mark Goodman, John Starr, Mark Zitelli Andrew Kole and Don Sheeley Ballot measure 101 Don Taylor, Finance Director presented an overview of the ballot issues. Ballot by petition reduces the ownership tax on automobiles to $1. If passes state highway funds will be reduced substantially. It also eliminate sales tax on telecommunication — and 911. There will be an $800,000 loss. Don Taylor said he feels people will pay for things if they understand what the increase is for. An education program to let people know what is going on is what needs to happen. Ballot measure 60 Don said if this passes it almost puts the state out of business. Amendment 60 effects property tax. The city is subject to the tabor act. If you have a 20% increase we are required to lower the mill levy by state law. There are some cities not lowering the mill levy. Tabor was designed as a revenue control measure so cities couldn't collect more than inflation and local growth. Most cities ask for non - property taxes to be excluded from that. All new debt would be approved by voters. 60 also eliminates real estate taxes but we already had the real estate taxes in place so we are grandfathered in. Don said 60 also makes changes to override Tabor. In the city's enterprise funds it would requires us to pay property taxes. We are exempt presently because we are a municipality. We would be paying property taxes on our golf course and water department. It also cuts school district mill levy taxes and causes the state to backfill. If 101 passes there will be no money left for schools, prisons etc. Ballot measure 61 Don said 61 puts additional restriction on the state for borrowing money. We would be the only state in the country that can't borrow money. Voter approval would have to occur for any lease purchase. We don't use it a lot COMMERCIAL CORE & LODGING COMMISSION MINUTES OF OCTOBER 26, 2010 and it would be nice to have that flexibility. Any debt even if approved by voters it can't be more than the 10% of the assessed value. It also requires that any debt me amortized over a ten year period. When the debt is paid off you are required to reduce taxes by the amount of the debt. Bill said the school bond is a non sunset so they would have to go to a vote. Don said it would be painful to the city but catastrophic to the state. The state would have to reduce services to the highways. Hyman Ave. market vendors Kathy said Aim Burrows from Mason Morse said their non - profit booth was very successful. Those using the booth picked up the key the night before and set up their tent at the required time and then locked the tent back up. Heather and Stephen Isberian thanked the CCLC for the second booth. Heather said getting started was a little difficult but once they had the plan down everything went smoothly. They had success with their booth. People would come into the store and get rugs cleaned etc. Stephen said it was a very local and a social event. Stephen said if you have a business it is very valuable for you to be in front of your store. Stephen said he would prefer not to pay an entrance fee next year. Bill said everybody share the expense of the market in some one. We will have to determine what is fair for everyone. Terry suggested that someone who is paying rent etc. on a building should get some kind of break. Heather suggested McKenzie tribe have someone wearing the clothes that they are selling and invite people into their store and possible have discount cards for Saturday if one goes into the store. They need to move people back and forth. They should also put two umbrellas and tables out in front of their store. Meeting adjourned at 10:00 a.m. 2