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HomeMy WebLinkAboutresolution.council.035-88 RESOLUTION NO. .3 S- (Series of 1988) A RESOLUTION OF THE CITY COUNCIL OF ASPEN, COLORADO, OPPOSING AMENDMENT 6 CONCERNING TAX LIMITATIONS, AND COMMONLY REFERRED TO AS THE "TAXPAYER BILL OF RIGHTS" WHEREAS, on July 6, 1988, petitions were filed with Secretary of State Natalie Meyer to place a constitutional amendment limiting taxes on the November 8, 1988, general election ballot. WHEREAS, opponents of the proposed amendment waged an unsuccessful battle to prevent the petition from being placed on the November 8, 1988, ballot. WHEREAS, the amendment applies to the state government and all local governments, including home rule municipalities such as Aspen, and, if passed, would be effective December 31, 1988. WHEREAS, in Colorado, elected officials normally make decisions with respect to taxes, expenditures and services after contact with taxpayers at public hearings on proposed revenue and expenditure issues. WHEREAS, this representative form of government, which includes special procedures for recall, initiative and referenda when these extraordinary safeguards are deemed appropriate, would be replaced government by referendum on tax issues. WHEREAS, the passage of Amendment 6 would result in sweeping changes to the current process by which local municipal- ities address issues of local taxation and municipal financing, and would provide a blanket, state-wide limitation applicable to every unit of local government, whether or not the citizens of the local government prefer their current representative system over government by election. WHEREAS, passage of Amendment 6 would result in the repeal of the real estate transfer tax, the mechanism by which the citizens of Aspen renovated and fund the Wheeler Opera House WHEREAS, the presence of Amendment 6 on the November 8, 1988 ballot has already negatively impacted Colorado's credit rating with respect to tax exempt bonds, signaling that Colorado tax exempt bonds, such as those issued by the City of Aspen to fund improvements such as the parking garage, may become more risky after the November election. WHEREAS, the City Council of Aspen, after carefully analyz- ing the impact of the proposed legislation on the Aspen municipal government, is unanimously opposed to the passage of Amendment 6. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 The City Council of the City of Aspen, Colorado, is opposed to the passage of Amendment 6. Therefore, the City Council urges local electors to vote on November 8 ,1988 and to reject Amend- ment 6. Section 2 The Mayor, City Manager, City Attorney and City staff are authorized and encouraged to take all necessary action to oppose the approval of Amendment 6, and to communicate the threat posed by Amendment 6 to other municipalities, public officials and the public at large. ~ Dated: J( , 1988. ~~~~ William L. stirling, Mayor I, Kathryn S. Koch, 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 the City of Aspen, Colorado, at a meeting held ~~~ , 1988. x/~ Koch, City Clerk