0458 RESOLUTION NO. 458 ( #16 -92)
A RESOLUTION SUPPORTING THE PASSAGE OF A ONE PERCENT SALES TAX
AND RESCISSION OF THE FIVE MILL REAL PROPERTY TAX; CONFIRM A
DECLARATION NOT TO REINSTATE THE FIVE MILL REAL PROPERTY TAX
UPON PASSAGE OF THE ONE PERCENT SALES TAX; AND, FOR OTHER
PURPOSES.
WHEREAS, the City Council of the City of Jacksonville,
Arkansas, passed on November 5, 1992, Ordinance No. 982
providing for the rescission of a five mill real property tax
upon passage of a one percent sales and use tax within the
City of Jacksonville; and,
WHEREAS, said funds are to be used to develop and fund a
multi- purpose community center, provide improvement of general
municipal services, develop other capital improvement projects
for the City, and shall serve as a continuing source of reve-
nue to finance these capital improvements and services; and,
WHEREAS, the great need of a multi- purpose community
center in the City of Jacksonville has encouraged the support,
pledge, and declaration that this City Council will not
reinstate the five mill real property tax if the electorate of
Jacksonville support and pass the one percent sales and use
tax as proposed on the January 7, 1993 ballot.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF JACKSONVILLE, ARKANSAS, THAT:
SECTION ONE: The City Council of the City of
Jacksonville hereby reasserts and declares its support of the
proposed multi - purpose community center and the proposed one
percent sales and use tax method of funding development and
construction of said center.
SECTION TWO: The City Council further reasserts and
declares that it will not reinstate the five mill real
property tax rescinded upon passage of the one percent sales
and use tax. The Council confirms its declaration as stated
in Ordinance No. 982 to rescind the five mill real property
tax upon passage by the electorate of the City of a one
percent sales and use tax.
SECTION THREE: All Resolutions or parts of Resolutions
in conflict herewith are hereby repealed to the extent of said
conflict.
SECTION FOUR: This Resolution shall take effect
immediately upon its passage, as provided by and subject to
applicable law.
APPROVED AND ADOPTED THIS / ? • DAY OF DECEMBER, 1992.
CITY OF JACKSONVILLE, ARKANSAS
BY: 1Mn '1.
TOMMY SWAI$, MAYOR
ATTEST:
LULA M. LEONARD, - th CLERK
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ROBE• E. BA CITY lair