Title
AN ORDINANCE AMENDING ORDINANCE NUMBER 17-2004-ORD TO EXTEND THE DURATION OF THE TEMPORARY, ADDITIONAL ONE PERCENT (1%) MUNICIPAL SALES AND USE TAX ON CERTAIN TYPES OF TRANSACTIONS OR ACTIVITIES.
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
This extension is to aline withthe ten year road construction plan.
SOURCE OF FUNDING:
Please provide the amount requested: ____________
Is this a budgeted item? Yes /No
Please provide the budgeted amount: $_____________ Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, Sections 11-51-200, et seq., Code of Alabama (1975), as amended, authorize and empower municipalities to levy a municipal sales and use taxes; and
WHEREAS, the City of Foley previously enacted Ordinance Number 946-06, which has now been codified as Sections 5-50, et seq. of the Code of the City of Foley, which levied certain municipal sales and use taxes; and
WHEREAS, certain of the City of Foley’s municipal sales and use tax rates levied by Ordinance Number 946-06 are lower than the comparable tax rates being charged by neighboring municipalities like Orange Beach, Elberta, Summerdale, and Gulf Shores; and
WHEREAS, the City Council previously adopted Ordinance Number 17-2004-ORD which temporarily added an additional one percent (1%) municipal sales and use tax on certain types of transactions; and
WHEREAS, Ordinance Number 17-2004-ORD contained a provision that it would automatically expire and be repealed on August 31, 2020; and
WHEREAS, the City Council has determined that extending the duration of the temporary additional 1% sales and use tax is necessary and is in the best interest of the public and in the best interest of the City; and
WHE...
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