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HomeMy WebLinkAbout017-87 Ordinance - RECORD OF ORDINANCES .- National Graphics Corp., Cols., O. ~ Form No 2806-A Ordinance No. _ _1.1:-:-13.1 - --- - Passed_- --- -- ---- - - ----------- - __19_ - AN ORDINANCE AMENDING SECTIONS 181.02 and 181.15 OF THE CODIFIED ORDINANCES OF THE VILLAGE OF DUBLIN, OHIO TO INCREASE THE IN- COME TAX RATE TO TWO PERCENT (2%) PER ANNUM AND TO PROVIDE THAT ONE-HALF PERCENT (1/2%) BE USED ONLY FOR CAPITAL IMPROVEMENTS, AND PLACING THESE AMENDMENTS BEFORE THE ELECTORS IN NOVEMBER, 1987 AND DECLARING AN EMERGENCY. WHEREAS, a committee was formed to discuss finances for the Village of Dublin; and WHEREAS, that committee has recommended to Council that the Village income tax be increased from one percent (1%) per annum to two percent ( 2/0) per annum; and WHEREAS, the committee further recommends that one-half percent 1/ 210) of the increase be set aside in a Capital Improvement Fund to be used exclusively for capital improvements; and WHEREAS, passage of this ordinance as an emergency is necessary so as to comply with the State's election deadlines for a November 3, 1987 election. NOW, THEREFORE, BE IT ORDAINED by the Council of the Village of Dublin, State of Ohio, 7 members concurring, that: Section 1. Section 181.02 is hereby amended to change the income tax rate from one percent (1%) per annum to two percent (2%) per annum. Section 2. Section 181.15 (a)(b)(c)(d) shall be amended to read as follows: A. One and one-half percent (1~%) of the tax revenues shall be used as follows: , ! 1. Such part thereof as shall be necessary to defray the cost of collecting the taxes I levied by this chapter and enforcing the provisions hereof. 2. Such part thereof as Council may deem appropriate to the General Fund for the purpose of paying the cost of General Municipal obligations. 3. Such part thereof as Council may deem appropriate for the purpose of paying the cost of maintenance of, and the purchase of new equipment, motorized or other. 4. Such part thereof as Council may appropriate for the purpose of paying the cost, acquisition, construction, repair and/or maintenance of streets. B. One-half of one percent ( ~/o) of the tax revenues shall be trans- ferred to a Capital Improvement Tax Fund and used exclusively for capital improvements. Section 3. This increase in the tax rate established in Section 1 above shall be effective January 1, 1988 provided that the same is approved by a majority of the voters at an election to be held on November 3, 1987 . Section 4. The Village Clerk is hereby directed to file a certified copy of this ordinance with the Board of Elections for Franklin County, . RECORD OF ORDINANCES -.. -, National Graphics Corp., Cols_, O. ~ Form No. 2806-A Ordinance No. _.1]-_8.7.___ Passed__ 19_ Page Two Ohio, with the request that said Board place the question of whether the additional one percent (1%) per annum income tax as set forth in Section 1. above should be approved on the ballot during the election to be held November 3, 1987 . Section S. This ordinance is hereby declared to be an emergency measure and shall be in full force and effect upon passage and approval by the Mayor in order to meet a real and present emergency in the operation of the Village government. Passed this 20th day of July , 1987. iliA Mayor - Presiding Officer Attest: -J~ ~. 7{~ Clerk of Council I hereby certify th~.~ the f~regoillg ,I is a true and exact CGpy o~ .' 9~~~{lan~,e: . No 17-tp Viilage 01 DtlDhn, (}oW) . ..... ... , J~ 7?J ~ I hereby certify that copies of this Ordinance/Resolution . . . .. '.. ....... were posted in the Villaie of Dublin in accordance with .village Clerk Section 131.25 of lb. Ohio Revised.z{' J~ '71). ~ Clerll of Co~