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HomeMy WebLinkAboutResolution 2014-045 Transaction Privilege TaxMARANA RESOLUTION NO. 2014-045 RELATING TO TRANSACTION PRIVILEGE TAX; EXPANDING AND CLARIFYING THE DESIGNATED USE OF CERTAIN TAX RECEIPTS; AND SETTING AN EFFECTIVE DATE WHEREAS Town of Marana Resolution 2001 -08 designated that three- fourths of the tax revenue generated from construction contracting activity within the Town of Marana be used solely for "transportation capital improvements "; and WHEREAS the Mayor and Council of the Town of Marana find that this resolution expanding and clarifying the designated use of certain tax receipts is in the best interests of the Town of Marana and its citizens for reasons that include fewer available alternative financial resources and an increased demand and desire for multimodal forms of transportation. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, as follows: Section 1. Marana Resolution No. 2001 -08 is hereby modified to provide that three - fourths of the tax revenue generated pursuant to sections 8 -415, 8 -416, and 8 -417 of the Marana Town Code from construction contracting activity within the Town of Marana, and all interest generated from it, shall be used solely for all transportation improvements within public roadway rights -of -way and within public easements adjacent to the roadway rights -of -way, including roadways, sidewalks, shared use paths, bus pullouts, and ancillary construction needed to affect such improvements, such as utility relocations and drainage improvements. Section 2. The various town officers and employees are authorized and directed to perform all acts necessary or desirable to give effect to this resolution. Section 3. All resolutions or motions and parts of resolutions or motions of the Council in conflict with the provisions of this resolution are hereby repealed, effective as of the effective date of this resolution. Section 4. If any portion of this resolution is for any reason held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, the decision shall not affect the validity of the remaining portions of this resolution. {00037899.DOCX / 21 Resolution No. 2014 -045 - 1 - 5/14/2014 9:15 AM FJC Section 5. This resolution shall become effective on July 1, 2014. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 20th day of May, 2014. Mayor Ed Honea ATTEST: J celyn ronson, Town Clerk Mean f. � {00037899.DOCX / 21 Resolution No. 2014 -045 -2- 5/14/2014 9:15 AM FJC