HomeMy WebLinkAboutR2006-039S.\Our Documents\Resolulions\06\2-RES Transportation Local Option Sales Tax Excmption.doe
RESOLUTION NO.0. 5q
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS,SUPPORTING STATE LEGISLATION ALLOWING CITIZENS TO VOTE TO EXEMPT.
FROM THE TWO PERCENT CAP ON LOCAL SALES TAX ANY LOCAL SALES TAX
COMMITTED TO PUBLIC TRANSPORTATION INITIATIVES.
WHEREAS, the City of Denton recognizes the need to provide public transportation tsolutionstosustainregionalmobility; and
WHEREAS, the citizens of Denton approved a one-half cent sales tax increase for
transportation on September 13, 2003, resulting in the City reaching the two-cent local option
cap on sales tax; and
WHEREAS, the City Council maintains a goal of providing additional funding capacityfortheCityandthroughexemptingtransitsalestaxfromthetwopercentsalestaxcapwill
provide an avenue to achieve this goal; and
WHEREAS, the City Council approved Resolution No. 2006-033, on September 12,
2006, endorsing the `Joint recommendation for regional rail in North Central Texas' which
supports the concept of local option funding, for public transit in the region by exempting an
amount equal to the locally authorized transit sales tax from the two percent local sales tax cap;
NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. The findings set forth in the preamble of this Resolution are incorporated
by reference into the body of this Resolution as if fully set forth herein.
SECTION 2. The City Council hereby agrees with and supports legislation allowingcitizenstovotetoexemptfromthetwopercentcaponlocalsalestaxanylocalsalestax
committed to public transportation initiatives.
SECTION 3. This Resolution shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the /day of /(OhJ 12006.
PE Y R. McNEILL, MAYOR