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HomeMy WebLinkAboutOrdinance-1990-0854 INTRODUCED BY COUNCILMEMBER SELSTAD Ordinance No. 854 series of 1990 TITLE: AN ORDINANCE AMENDING THE PROVISIONS OF SECTION 22-76 OF THE CODE OF LAWS OF THE CITY OF WHEAT RIDGE BY AMENDING THE THRESHOLD OF SALES TAXES REQUIRED TO BE GENERATED IN ORDER TO PARTICIPATE IN THE ESTIP PROGRAM. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE, COLORADO, THAT: Section 1. section 22-76 of the Code of Laws of the City of Wheat Ridge is hereby repealed and reenacted as follows: Sec. 22-76. Participation. participation in ESTIP shall be based upon approval by the city council exercising its legislative discretion in good faith. Any owner or proprietor of a newly established or proposed retail sales tax generating business or location, or the owner or proprietor of an existing retail sales tax generating business or location which wishes to expand substantially, may apply to the city for inclusion within the ESTIP provided that the new or expanded business is reasonably likely to generate enhanced sales taxes of at least t~~tlt.yt.~9H$gtJ.9ig9+::+;1,t#~I.J$~Q;qPQ~qPT FIVE THOUSAND DOLLARS ($5,000.00) in the first year of operation. Section 2. Severability. If any clause, sentence, paragraph, or part of this ordinance or the application thereof to any person or circumstances shall for any reason be adjudged by a court of competent jurisdiction invalid, such judgment shall not affect application to other persons or circumstances. Section 3. Safety Clause. The City Council hereby finds, determines, and declares that this ordinance is promulgated under the general police power of the City of Wheat Ridge, that it is promulgated for the health, safety, and welfare of the public, and that this ordinance is necessary for the preservation of health and safety and for the protection of public convenience and welfare. The City Council further determines that the ordinance bears a rational relation to the property legislative object sought to be attained. Section 4. This ordinance shall become effective 15 day(s) after final publication. INTRODUCED, READ, AND ADOPTED on first reading by a vote of 7 to 0 on this 22nd day of October , 1990, ordered published in full in a newspaper of general circulation in the city of Wheat Ridge and Public Hearing and consideration on final passage set for Monay, November 26 7:30 o'clock p.m., in the Council Chambers, Wheat Ridge, Colorado. , 1990, at 7500 West 29th Avenue, READ, ADOPTED, AND reading by a vote of 8 November ORDERED PUBLISHED on second and final to 0 this 26th day of 1990. SIGNED by the Mayor on this 1990. 27th day of November &~,\./ <.A. ~ Dan Wilde, Mayor ATTEST: Wanda Sang, city Clerk 1st Publication: October 31, 2nd Publication: December 5, 1990 Applewood/Wheat Ridge Transcript: Effective Date: December 20, 1990