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HomeMy WebLinkAboutresolution.council.083-07 RESOLUTION # 83 (Series of 2007) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, IN SUPPORT OF THE CITY OF ASPEN 2007 BALLOT ISSUE KNOWN AS "TRANSIT SALES AND USE TAX", WHICH AUTHORIZES A NEW .0.15% SALES TAX AND 2.1% USE TAX FOR CITY TRANSIT SERVICES AND PEDESTRIAN AMENITIES. WHEREAS, the City of Aspen owns six diesel buses, four hybrid buses, and six smaller shuttle buses for in-town service that RFTA is contracted to operate. The eight free shuttle routes in Aspen (Castle/Maroon, Cemetery Lane, Cross Town, Galena Street, Hunter Creek, Maroon Creek Road, Mountain Valley, and West Side) carry approximately 1 million passengers per year; and WHEREAS, the transit system is currently funded by parking fees as well as Aspen's share of the 1 % countywide transit tax and half of the 1 % City lodging tax; and The City of Aspen pays RFTA over $4 million annually to operate its free shuttle service and estimates the City will pay $4.3 million in 2008; and WHEREAS, in recent years, the cost of providing transit services has outpaced the growth of its funding mechanisms, resulting in a structural deficit. Specifically, transit operating costs are rising by at least 6% annually, while transit revenue sources are expected to increase by only 3.5% per year; and WHEREAS, financial projections estimate that the transit fund will deplete its reserves by the end of 2008 and face an average revenue shortfall of $1.3 million per year by 2010. If no solutions are found, major service reductions such as the elimination of entire routes will become necessary; and WHEREAS, the Transit Sales and Use taxes will provide funding for continued operation, maintenance, capital replacement and improvement of Aspen's free in-town shuttle system. Additionally, the funds raised would be used to purchase, operate, and maintain various pedestrian amenities; and WHEREAS, the current 0.25% sales tax that funds the parking garage will expire on September 8, 2009. The new $0.15% sales tax would go into effect on September 9, 2007 and only fund transit and pedestrian amenities; and WHEREAS, the 2.1 % use tax will be levied upon construction materials that are purchased outside of City limits for use on construction projects occurring within City boundaries. The first $100,000 of materials will be exempt from the tax; and NOW, THEREFORE, BE IT RESOLVED THAT THE ASPEN CITY COUNCIL supports the ballot question known, as "Transit Sales and Use Tax" will provide funding necessary to continue proving free in-town bus services to the citizens and guests of Aspen. The Aspen City Council urges the electors of the City of Aspen to support said proposed referendum and to vote "Yes" on its passage. Dated: ID II \ ff-:+ 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 October 9,2007.