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<br /> <br />TOWN OF SILT <br /> <br />ORDINANCE NO. 23, SERIES 1993 <br /> <br />"AN ORDINANCE AMENDING ORDINANCE NO. 13, SERIES OF 1979, OF THE <br />TOWN OF SILT, COLORADO BY ADDING CERTAIN PROVISION I AMENDING OR <br />REPEALING AND REENACTING WITH AMENDMENTS CERTAIN PROVISIONS AND <br />INCREAS ING THE USE TAX LEVIED FROM TWO PERCENT .( 2 % ) TO THREE <br />PERCENT (3%) ON THE PRIVILEGE OF USING OR CONSUMING IN THE TOWN OF <br />SILT I COLORADO ANY CONSTRUCTION AND BUILDING MATERIALS PURCHASED AT <br />RETAIL AND FOR THE PRIVILEGE OF STORING, USING OR CONSUMING IN THE <br />TOWN OF SILT, COLORADO ANY MOTOR AND OTHER VEHICLES, ON WHICH <br />REGISTRATION IS REQUIRED WHICH ARE PURCHASED AT RETAIL." <br /> <br /> <br />"Town") now has in <br />e adopted in <br />rdinance No, <br /> <br />WHEREAS I the Board of Trustees has heretofore, and does <br />hereby, determine and confirm that a use tax imposed upon (1) the <br />privilege of using or consuming in the Town any construction and <br />building materials purchased at retail and (2) the privilege of <br />storing, using or consuming in the Town any motor and other <br />vehicles on which registration is required which are purchased at <br />retail, would benefit the Town and the citizens thereof by <br />providing revenue in order to meet the expenses of municipal <br />government; and <br /> <br />WHEREAS, the Board of Trustees has heretofore I and does <br />hereby, determine and confirm that the Town is losing I and does <br />continue to lose, considerable potential revenues by not increasing <br />the use tax from the existing rate of two percent (2%) to a three <br />percent (3%) rate, to equal the rate of sales tax currently levied <br />by the Town and that it is necessary to preserve the health I safety <br />and welfare of the inhabitants of the Town to adopt this Ordinance, <br /> <br />NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE <br />TOWN OF SILT, COLORADO: <br /> <br />Section 1. PURPOSE. In pursuance of the authority conferred <br />by Colorado Revised Statutes, ~29-2-101 et seq., 1973 as amended, <br />this Ordinance is enacted for the purpose of providing additional <br />revenues to the Town to assist in the acquisition, furnishing and <br />improvements of needed services and facilities within the Town of <br />Silt, Colorado and for a town-wide underground, low-pressure, water <br />system in order to use unpotable water for irrigation. <br /> <br />Section 2. AMENDMENT OF "IMPOSITION OF TAX" SECTION, Section <br /> <br />APPENDIX B <br />