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Ordinance No. 16686
Council Bill No. B 383-00
AN ORDINANCE
imposing a sales tax of one-fourth of one percent for five years and one-eighth
of one percent thereafter for the purpose of providing funding for local parks;
providing for the use of revenues received from the tax; providing for an annual
public audit; directing the City Clerk to provide notice of the tax to the Missouri
Department of Revenue; and fixing the time when this ordinance shall become
effective.
WHEREAS, the City of Columbia
is authorized by Section 644.032 RSMo to impose a sales tax for the purpose
of funding local parks, subject to voter approval; and
WHEREAS,
a majority of the qualified voters of the City of Columbia voting thereon at
an election duly held on November 7, 2000, approved a one-fourth of one percent
local parks sales tax for a period of five years to be reduced to one-eighth
of one percent thereafter.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL
OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:
SECTION 1. Pursuant
to the authority granted in Section 644.032 RSMo, a local parks sales tax of
one-fourth of one percent, to be reduced to one-eighth of one percent after
five years is hereby imposed upon all sellers for the privilege of engaging
in the business of selling tangible personal property or rendering taxable services
at retail within the City of Columbia to the extent and in the manner provided
in Sections 144.010 to 144.525 RSMo, and the rules and regulations of the Director
of Revenue issued pursuant thereto. The tax shall be imposed on all retail
sales made within the City of Columbia which are subject to taxation under the
provisions of Sections 144.010 to 144.525 RSMo.
SECTION 2. The
tax imposed by this ordinance shall become effective on April 1, 2001 at the
rate of one-fourth of one percent. On April 1, 2006, the rate shall be reduced
to one-eighth of one percent.
SECTION 3. All revenue received from
the local parks sales tax imposed by this ordinance shall be deposited in a
special trust fund and shall be solely for local parks for the City, in order
to purchase, improve and manage parks, trails and natural lands for water quality,
wildlife, tree preservation, and recreation purposes. Revenue received from
this tax shall be used to purchase, improve and manage the Stephens Lake property
and for other park purposes.
SECTION 4. All expenditures of money
in the special trust fund shall be subject to an annual public audit.
SECTION 5. The City Clerk is hereby directed to forward a certified copy of
this ordinance to the Director of Revenue of the State of Missouri by certified
or registered mail within ten days after passage of this ordinance.
SECTION 6. This ordinance shall be in full force and effect from and after
its passage.
PASSED this 4th day of December, 2000.