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Timnath council sends 1.25% sales-tax measure for downtown recreation center to November ballot
Summary
The Timnath Town Council voted unanimously to refer a 1.25% sales-tax increase to voters on Nov. 4 to pay for design and construction of a recreation center; if debt is repaid earlier the tax would drop to 0.25% for ongoing operations.
The Timnath Town Council voted unanimously Tuesday to refer a ballot question asking voters to approve a 1.25% sales-tax increase to fund design, construction, operation, maintenance and repair of a proposed downtown recreation center.
Town clerk Miss Stiefel told the council the ballot language would authorize the 1.25% increase for up to 30 years, with an automatic or council-authorized reduction to 0.25% after associated construction debt is retired; the town will coordinate the Nov. 4 consolidated election with Larimer County.
Council and staff said the measure is required by the state Taxpayers Bill of Rights (TABOR) because it would raise taxes. The clerk outlined administrative…
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