HomeMy WebLinkAboutresolution.council.110-19 RESOLUTION #110
(Series of 2019)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN,
COLORADO, IN SUPPORT OF COLORADO PROPOSITION DD, A
MEASURE ON THE NOVEMBER 2019 STATE BALLOT.
WHEREAS, in the 2019 legislative session, HB 19-1327 authorized sports betting within the
existing framework and regulatory scheme for limited gaming in Colorado; and
WHEREAS, HB 19-1327 authorizes sports betting with master licenses held only by those
entities licensed to conduct limited gaming within the three host cities and the licensees in
the three host cities may contract with online sports betting entities; and
WHEREAS, this regulatory mechanism mirrors past voter intent for limited gaming; and
WHEREAS, HB 19-1327 also refers a single ballot question to the voters in November, 2019
as Proposition DD; and
WHEREAS, Proposition DD would tax future proceeds from sports betting and allocate the
revenue to the Colorado State Water Plan and exempt the tax revenue from the state's TABOR
limit; and
WHEREAS, the revenue generated from sports betting will be specifically allocated and the
remaining portion of the revenue will be transferred to a cash fund for State Water Plan
implementation; and
WHEREAS, the City of Aspen respectfully encourages current legislators to find a long-term,
sustainable source of funding for the Colorado Water Plan that is a robust, open, transparent
and state-wide process for prioritizing projects that receive funding and support from the state
level; and
WHEREAS, Proposition DD aligns with the City's support for funding the Colorado Water
Plan as the regulatory mechanism follows the intent of the voters regarding limited gaming in
Colorado and the revenue goes to the Colorado Water Plan which will have a direct municipal
impact.
NOW THEREFORE, BE IT RESOLVED that the City of Aspen Mayor and City
Council officially declares its support for Proposition DD and for the reasons set forth
in this Resolution urges a YES vote on the proposition at the November 5, 2019 state
election.
INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on
the 8th day of October, 2019.
Torre, Mayor
I, Linda Manning, duly appointed and acting City Clerk do certify that the foregoing is
a true and accurate copy of that resolution adopted by the City Council of Aspen,
Colorado, at a meeting held October 8, 2019.
Linda Manning, City Cler