To: Honorable Mayor and Members of Town Council
From: David L. Corliss, Town Manager
Michael J. Hyman, Town Attorney
Title
Ordinance Submitting to the Electorate at the Special Municipal Election on November 2, 2021, the Question of Authorizing an Excise Tax on New Housing Construction as Provided in a New Chapter 3.12 of the Castle Rock Municipal Code (Second Reading - Approved on First Reading on July 20, 2021 by a vote 7-0)
Body
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Executive Summary
Attached is the Ordinance Submitting to the Electorate at the Special Municipal Election on November 2, 2021, the Question of Authorizing an Excise Tax on New Housing Construction as Provided in a New Chapter 3.12 of the Castle Rock Municipal Code.
A summary of all 2021 Proposed Ballot Measures and reference material is provided under File # ID 2021-081, and attached.
Town staff recommends approval of this Ordinance.
Proposed Motion
“I move to approve the Ordinance as introduced by title, on second reading.”
Attachments
Attachment A: Ordinance
ID 2021-018 Agenda Memo from First Reading at July 20, 2021 Town Council Meeting
Attachment A: Agenda memo - Possible Ballot Measures July 6, 2021 Council Meeting
Attachment B: TABOR Information
Attachment C: Presentation
June 15, 2021 Study Session Agenda Memo
Study Session Attachment A: Staff Memo - Alternative Revenue Analysis
Study Session Attachment B: Fire Presentation from March 30, 2021 Study Session
Study Session Attachment C: Police Presentation from March 30, 2021 Study Session
Study Session Attachment D: Infographic - Revenue Diversification
Study Session Attachment E: Property Tax Postcard Examples
Study Session Attachment F: Public Safety Revenue Scenarios
Study Session Attachment G: Potential Revenue Sources Topline Report
Study Session Attachment H: 2021 Citizen Survey Results Report