1705 Bill No. 708 Capital Improvements Sales Tax

BILL NO. 708                                                                                    ORDINANCE NO. 1705

AN ORDINANCE OF THE CITY OF RICH HILL, MISSOURI, IMPOSING A SALES TAX FOR CAPITAL IMPROVEMENT PROJECTS AT THE RATE OF ONE-QUARTER OF ONE PERCENT (.25%) AFTER SUBMISSION TO AND CONTINGENT UPON APPROVAL OF THE PROPOSAL BY THE QUALIFIED VOTERS OF RICH HILL, MISSOURI, AT AN ELECTION TO BE HELD ON THE 7th DAY OF APRIL, 2020.

WHEREAS, the City of Rich Hill, Missouri (the “City”), currently imposes two general local sales tax levies, as defined in Section 32.085, RSMo, at a combined rate of two percent (2%); and

WHEREAS, pursuant to the authority granted to the City by Section 94.577, RSMo, the City now desires to impose an additional sales tax levy at a rate of one-quarter of one percent (.25%); and

WHEREAS, the revenue generated by this additional sales tax levy would be used exclusively for capital improvement projects, which may include the retirement of debt authorized by previously authorized bonded indebtedness; and

WHEREAS, this proposed sales tax levy, if approved by the voters, shall be imposed on all retail sales made within the City’s corporate boundaries, which are subject to taxation under the provisions of Sections 144.010 to 144.525, RSMo; and

WHEREAS, this proposed sales tax levy requires approval by the qualified voters of the City at an election.

NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RICH HILL, MISSOURI, AS FOLLOWS:

Section 1.        Pursuant to the authority granted by and subject to the provisions of Section 94.577, RSMo, a sales tax dedicated to capital improvement projects shall be imposed on all retail sales made within the City’s corporate boundaries which are subject to taxation under the provisions of Sections 144.010 to 144.525, RSMo.

Section 2.        The rate of this sales tax levy shall be set one-quarter of one percent (.25%).

Section 3.        This proposed sales tax levy shall be submitted to the qualified voters of Rich Hill, Missouri, for their approval, as required by the provisions of Section 94.577, RSMo, at the election to be held on Tuesday, April 7th, 2020.  The ballot of submission shall contain the following language:

Shall the City of Rich Hill impose a sales tax of one-quarter of one percent (.25%) for the purpose of funding capital improvements, including streets, and which may include the retirement of debt under previously authorized bonded indebtedness?

YES             NO

If you are in favor of the question, place an “X” in the box opposite “YES”. 

If you are opposed to the question, place an “X” in the box opposite “NO”.

Section 4.        Within ten (10) days after the approval of this question by the qualified voters of Rich Hill, Missouri, the City Clerk shall forward to the Director of the Missouri Department of Revenue, by United States certified mail, a certified copy of this Ordinance along with certifications of the election results and a map of the City showing the boundaries thereof.

Section 5.        This Ordinance shall be in full force and effect from and after the date of its passage and approval.

PASSED BY THE BOARD OF ALDERMEN AND APPROVED BY THE MAYOR OF THE CITY OF RICH HILL, MISSOURI, THIS 8TH DAY OF JANUARY, 2020.

                                                                        ________________________________________

                                                                        Jason Rich, Mayor

ATTEST:

__________________________________

Casey Crews, City Clerk

Ayes:  Tourtillott, Humble, Kassner

Nays:  None

Absent:  Robb